Northern Kentucky Part of 12 Regions Selected by US to Accelerate Manufacturing Resurgence
Southwest Ohio and Northern Kentucky are one of the first twelve communities identified today by US Secretary of Commerce Penny Pritzker as a designated Manufacturing Community, part of the federal Investing in Manufacturing Communities Partnership (IMCP) initiative.
The program is designed to accelerate the resurgence of manufacturing in communities nationwide by supporting the development of long-term economic development strategies that help communities attract and expand private investment in the manufacturing sector and increase international trade and exports, according to a news release.
Northern Kentucky entities that will participate are identified as part of the Southwestern Ohio Aerospace Region, which includes the City of Cincinnati and the City of Dayton.
“The 12 Manufacturing Communities announced today represent a diverse group of communities with the most comprehensive economic development plans to attract business investment that will increase their competitiveness,” said Secretary Pritzker in the announcement. “IMCP is a critical part of our ‘Open for Business Agenda’ to strengthen the American manufacturing sector and attract more investment to the United States. Innovative programs like IMCP encourage American communities to work together to craft strong, clear, strategic plans to attract manufacturing investment and jobs to transform themselves into globally competitive commercial hubs.”
“IMCP is one of the main programs at the center of the Administration’s efforts to support job creation and accelerate manufacturing growth to make our communities more globally competitive,” said U.S. Assistant Secretary of Commerce for Economic Development Jay Williams. “These 12 Manufacturing Communities are diverse, public-private consortiums that have put in place best practice economic development strategies that can be replicated by other American communities – including all those who applied for the IMCP designation.”
From the 70 communities that applied, these 12 were selected by an interagency panel, based on the strength of their economic development plans, the potential for impact in their communities, and the depths of their partnerships across the public and private sector to carry out their plans.