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Could a Post-Pandemic National Industrial Strategy Advance the Cause of Advanced Manufacturing?

Wednesday, July 29, 2020

As the coronavirus pandemic disrupted global supply chains, a new report released in April by the Information Technology and Innovation Foundation (ITIF) urged the U.S. government to develop a national industrial strategy to strengthen the competitive position of advanced, traded-sector industries that are “too critical to fail.”

“Even before this pandemic, China posed an unprecedented competitiveness challenge in the advanced industries that are most critical to America’s economic wellbeing and national security,” said ITIF President Robert D. Atkinson, the report’s author and a past contributor to Site Selection.

Read the full artcile here.

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TCDC RLF funds provide additional access to capital for new and emerging small businesses where traditional sources of funding are unavailable or limited.  Strong consideration is given to value added agricultural manufacturing, technology, commercial/industrial and product manufacturing businesses that retain or create quality jobs.