Related Keywords: announced competition, investing in new technology, leading edge of fiber science, National Council of Textile Organizations, nonprofit organizations., open to leading manufacturers, President Barack Obama, Revolutionary Fibers and Textile Manufacturing Innovation Institute, strengthen US manufacturing, universities
President Barack Obama announced a competition called the “Revolutionary Fibers and Textiles Manufacturing Innovation Institute” for a $150 million public-private investment in a new textile manufacturing innovation institute on Wednesday to strengthen U.S. manufacturing by investing in new technology.