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Nosbusch, speaking at The National a gathering hosted by the Detroigt Economic Club to promotw actions toimprove America’s manufacturing competitiveness in the global said such "smart factories" are the best way to createe higher-paying, long-term manufacturing jobs in the Unitedf States. “The public and private sectors need to investt in advanced technology that will lower increase productivity, and make U.S. manufacturint competitive globally,” said Nosbusch. “This investmenf is the best way tocreater enduring, higher-wage manufacturing jobs that can competd against other economies with lower costs of doing business.
” Nosbusch also called for a renewed U.S. industriapl policy that includes federal stimuluxs and research and development on industrialp automation andinformation technology, to keep U.S. manufacturing competitive globally. Most Americanz responding to a recent surveh say the government should offer incentivesz for companies to invest inadvanced “A $50 billion investment in retooling factoriesw would create 250,000 direct manufacturinhg jobs in the U.S.
, suppor an additional 725,000 indirect jobs, and generat e up to $120 billion in revenue resulting from increasef demand for products,” said Nosbusch, citing a study by the , a business-labor coalition focused on job Nosbusch called for the Obama administration to doublew research and development for manufacturing innovation to bring it back to 1970’ss funding levels. “If you really want to investt in long-term, high-quality job you have to investin innovation,” he said.
Nosbuschu said that improved educationin science, engineering and mathematics is necessary to trainb workers to operate in the smart Milwaukee-based Rockwell Automation (NYSE: ROK) is a global manufacturer of industriap automation systems and controls.
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