President Obama on Tuesday announced the creation of two new manufacturing institutes in Chicago and Detroit, the latest in a series of hubs designed to spur job creation by paring federal and private investments.
The institutes, which will bring together private companies, universities and federally backed researchers will look to create new digital manufacturing and design technology. Each will receive $70 million in government money, to be matched by equivalent outside commitments.
The announcement of the hubs dovetails with the president's recent push to use unilateral executive action to bypass Congress.
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