Tina Smith: “I rise today with Senators Kohl and DeWine to introduce the Manufacturing Technology Competitiveness Act of 2005. The…”

“I rise today with Senators Kohl and DeWine to introduce the Manufacturing Technology Competitiveness Act of 2005. The manufacturing sector is a critical component of our economy and an engine of job creation for millions of Americans. Investment and continued growth in this industry is vital in order to strengthen manufacturing in the United States and increase our global competitiveness. Through a number of measures, my legislation is aimed at further improving productivity, advancing technology and increasing the competitiveness of the U.S. manufacturing industry. My bill authorizes funding through fiscal year 2008 for the Manufacturing Extension Partnership (MEP) and the National Institute of Standards and Technology (NIST). MEP is a nationwide network with centers in all 50 states that provide assistance to help small- and medium-sized manufacturers succeed by providing expertise and services customized to meet their critical needs. Small and medium sized manufacturers in my home State of Oregon have benefited from the efforts of the Oregon MEP resulting in increased jobs, investment and overall productivity. In 2004, the Oregon MEP helped manufacturers generate new or retain sales of $6,835,400 and a save costs of $18,736,000. MEP's assistance has yielded similar success for countless manufacturers in states across the country.…”