Reexamine and Retool: Commerce Secretary wants a revision of the manufacturing assistance programs

The President’s Commerce Secretary was in the hot seat this week, talking American manufacturing with a Senate subcommittee.

Kansas Senator Jerry Moran questioned Lutnick over a program that helps smaller U.S. manufacturers. The department is not requesting money for that program next year. Lutnick says it is not forgotten, but rather being reworked.

“Programs that were set up by the Department of Commerce decades ago, to assist in technology for manufacturing, tend to be outdated. The new technology is AI-driven, automated, and I think we need to reexamine and retool a whole variety of these programs so that we are able to provide the best technological assistance rather than just continuing our program that’s decades and decades old.”

The Hollins Manufacturing Extension Partnership was started back in 1988. It is a public-private partnership that was designed as a cost-share program. Leaders say the program helped manufacturers get $15 billion in sales last year.

Related Stories
Mexico plans to release 202,000 acre-feet of water into the Rio Grande, offering temporary relief to South Texas farmers as Congress advances the PERMIT Act.
The bill to once again allow schools to offer whole milk and 2% milk will now go to President Trump for approval.
Plans are underway for the 27th annual Great Eastern Iowa Tractorcade, a June event celebrating farm heritage, tractor history, and rural traditions. Event manager Matt Kenney joins us to highlight the importance of commemorating farm heritage.
Farm Legal Expert Roger McEowen with the Washburn School of Law joins us to share more about the North Dakota court decision and the its larger impact on agriculture.
Frigid winter weather and rapid temperature swings have cattle markets watching closely for livestock stress, as analysts say fluctuations pose the greatest risk.
Rising federal debt is increasing pressure on Washington to limit spending, which could tighten future funding and delivery for agricultural programs.

LATEST STORIES BY THIS AUTHOR:

University of Nebraska–Lincoln ag educator Matt Kreifels discusses his recent FFA Alumni award and the future of ag education.
Analysts say that while low-income households are facing financial pressures, other middle- and higher-income consumers are helping fill the gap for retail beef demand.
Despite China’s sharp drop in grain purchases this year, new USDA export data this week shows that even some buying activity from the trade giant still moves the markets.
Tim and Sharyn Abbott of the Music City Celebration Sale recap the weekend’s premier auction, which drew top dairy breeders and buyers to Nashville again this year from across North America.
Fertilizer markets face uncertainty after President Trump raised the possibility of tariffs on Canadian imports, with analysts warning of supply and pricing risks. Josh Linville with StoneX provides a fertilizer industry outlook.