S. 2318: Streamlining American Manufacturing Strategy Act

This bill, known as the Streamlining American Manufacturing Strategy Act, proposes an amendment to the National Institute of Standards and Technology Act. Its primary objectives are as follows:

Requirements for Updating Strategic Plans

The bill focuses on the process for updating the strategic plan that guides the Manufacturing USA Program, which is designed to enhance U.S. manufacturing competitiveness. It mandates:

• That the strategic plan be updated every four years, rather than the previous requirement of updating it at least every three years.
• That the timing of these updates aligns with the timing of updates to the National Strategy for Advanced Manufacturing, as required by a previous legislation, the America COMPETES Reauthorization Act of 2010.

Purpose of the Updates

The aim of these updates is to ensure that the Manufacturing USA Program accurately reflects national priorities regarding advanced manufacturing. By establishing a four-year cycle for updates, the bill seeks to streamline the planning process and make certain that the manufacturing strategy is in harmony with national manufacturing goals.

Implications

Through these amendments, the bill intends to create a more effective and responsive manufacturing strategy that aligns with changes in technology, industry needs, and economic conditions over time.

Relevant Companies

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