By Julia Edwards and Jason Lange
Along the banks of the Mahoning River in the struggling Ohio steel town of Youngstown sits a once-abandoned furniture warehouse that has been converted into a sleek new laboratory.
Inside is a Silicon Valley-style workspace complete with open meeting areas and colorful stools. Several 3-D printers hum in the background, while engineers type computer codes that tell the machines how to create objects by layering materials.
The lab, called America Makes, is the first in a series of so-called "manufacturing innovationhubs" that President Barack Obama has launched with the promise that they could revitalize America's industrial sector and spur jobs growth in downtrodden communities like Youngstown. Seven more hubs are planned by the end of the year, including projects in Chicago, Detroit and Raleigh, North Carolina, that will follow the Youngstown model of bringing together businesses, non-profits and universities to pursue technological breakthroughs.
- People Who Retire Comfortably Avoid These Financial Advisor Mistake…
- The Worst Way to Withdraw From Retirement Accounts
- 2020: How to Maximize Your Savings
- Are you a homeowner? Refinance rates at 1.93% APR.
- Rates Could Rise After the Fed Meets. Lock in Now.
- If You're Current or Former Military, You'd Better Read This
- Home Mortgage Rates Drop Sharply This Week
- HARP Refinance Program is Over. Now What?
- Digital Mortgage Platform Helps Home Buyers Shop for Mortgages
- Pay No Interest Until 2023 With A Better Credit Card
- Want To Travel Practically Free? (Get 100k points fast)
- Your Best Credit Card Offers for September 2021
- Forget the 30yr mortgage if you owe less than $822K (Do this instea…
- How to pay off your house ASAP (So simple it's unbelievable)
- Refinance Rates Remain Historically Cheap