Obama eyes investments in technology manufacturing

By REUTERS
June 24, 2011 12:01

 
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PITTSBURGH - US President Barack Obama will launch an initiative on Friday to develop new US manufacturing jobs by teaming government up with companies and universities to invest more than $500 million in advanced technologies.

Obama will visit Carnegie Mellon University in Pittsburgh, Penn. to launch the Advanced Manufacturing Partnership, which aims to speed development of a new generation of American-made high-technology products.

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