Obama Announces First Manufacturing Institute In North Carolina During Raleigh Visit

By: Associated Press
By: Associated Press

President Barack Obama is on a fresh push to reinvigorate the economy, following through on a year-old promise to set up hubs around the country as magnets for high-tech manufacturing.

He brought his pitch to North Carolina Wednesday, using the occasion to announce that the southern state is the first recipient of these new manufacturing innovation hubs.

The president said that a consortium of 18 businesses and six universities led by North Carolina State University will spearhead the effort. The aim is to better focus on developing next-generation power electronics. North Carolina is the first of three hubs that Obama called for in last year's State of the Union address.

He's dedicating $200 million in federal money to get the hubs up and running.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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President Barack Obama is keeping the heat on lawmakers to renew jobless benefits for the long-term unemployed.

His plea Wednesday during an event at North Carolina State University comes as compromise talks in the Senate have hit roadblocks and left the aid for more than a million people in doubt.

Obama is demanding that Congress "do the right thing and extend this vital lifeline."

The benefit program expired Dec. 28, cutting off support for more than 1.3 million unemployed people.

Obama is taking note that North Carolina's unemployment rate is higher than the national average.

He says the job market remains difficult in parts of the country and that people need the support while they are looking for a new job.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)


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President Barack Obama is now speaking at NC State about jobs.

Obama is here to focus on creating jobs and boosting advanced manufacturing when he discusses the U.S. economy in North Carolina.

The White House says Obama will announce Wednesday in Raleigh that a consortium of businesses and universities led by North Carolina State University has been chosen to lead a manufacturing innovation institute for next-generation power electronics.

Last year, Obama proposed using $200 million in federal money to create three new manufacturing institutes. The hub he's announcing Wednesday is the first of those three.

Obama's trip comes as he prepares to focus on the economy in the State of the Union address he'll deliver Jan. 28. It also follows the government's monthly unemployment report, which said employers added just 74,000 jobs in December.

(Copyright 2014 The Associated Press. All rights reserved.)


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