HomeMy WebLinkAboutResolutions - 2022.09.01 - 37596
AMENDMENT
IN RE: Charles Amendment #1
WHEREAS the United States Treasury allocated Oakland County $244,270,949 of Local Fiscal Recovery
Funds (LFRF) established under the American Rescue Plan Act (ARPA) of 2021; and
WHEREAS under the guidance of the Final Rule, the County may use these funds at their discretion to support
eligible investments in public health expenditures, address negative economic impacts caused by the public
health emergency; replace lost public sector revenue; provide premium pay for essential workers; and invest in
water, sewer, and broadband infrastructure; and
WHEREAS it is reasonable to anticipate that public health emergencies and the economic injury that
accompanies them, as in the case of COVID-19 at present, will continue to occur with some frequency and
potentially have nation-wide impact; and
WHEREAS it is known that disruptions to local economies and unanticipated need, coupled with the inability
to quickly produce necessary personal protection equipment, contributed to the severity of the COVID-19
pandemic in Oakland County; and
WHEREAS it is in the interest of Oakland County and its manufacturing base to be prepared to meet the
challenge of the ongoing COVID-19 pandemic and future emergencies; and
WHEREAS the Oakland County Economic Development department has been working with Automation Alley
to establish the Oakland County PPE Resilience Program (also referred to as Project DIAMOnD Program); and
WHEREAS the program aims to enhance the emergency response readiness and general competitiveness of
Oakland County’s small and medium enterprises (SMEs) through the application of digital technologies known
as Industry 4.0; and
WHEREAS Industry 4.0 is the term used to describe the 4th industrial revolution and covers the application of
technologies including Artificial Intelligence, Machine Learning, Cloud Computing, Internet of Things,
Additive Manufacturing and more; and
WHEREAS subject to technological capability, SMEs will be provided with services and resources to help
them re-train, re-organize, upskill, install and incorporate enabling technologies that will lay the foundation for
a standing “virtual stockpile"; and
WHEREAS Oakland County SMEs leveraging digital technologies will be agile and ready to convert
operations quickly in response to urgent demand while also enhancing their competitiveness in normal times;
and
WHEREAS the Project is expected to be named Project DIAMOnD Phase II. Project DIAMOnD Phase II is to
be comprised of the entirety of Oakland County; and
WHEREAS the Project DIAMOnD Program is planned to consist of two phases:
1. The successfully completed Project DIAMOnD Phase One, funded under the CARES
Act, distributed 250 3D printers, addressing the acute economic impact driven by the COVID-19
virus.
2. Phase Two, which is funded by this resolution, addresses the chronic economic impacts
of the COVID-19 virus through grants of capital equipment, which equals 750 3D printers; and
WHEREAS American Rescue Plan Act (“ARPA”) funding is appropriate to spend on the allocated cost
because 1) improvements to data or technology infrastructure and, 2) loans and grants to mitigate financial
hardship from COVID-19 are a designated use of ARPA funding.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners hereby
appropriates $15,000,000 in ARPA funds to Oakland County Economic Development for the proposed Project
DIAMOnD Phase II.
BE IT FURTHER RESOLVED expenditure of these funds is contingent upon successful completion of a
capital expenditure justification prior to the expenditure or reimbursement of any funds to Automation
Alley. The expenditure justification will 1. Describe the harm or need to be addressed; 2. Explanation of why a
capital expenditure is appropriate; 3. Comparison of proposed capital project against at least two alternative
capital expenditures.
BE IT FURTHER RESOLVED an application process will be proposed by Automation Alley and approved
by Oakland County Economic Development to ensure that all eligible Small Manufacturing Enterprises (SMEs)
will meet the criteria outlined in Treasury Guidance.
BE IT FURTHER RESOLVED that Automation Alley will collect all applications from eligible Small
Manufacturing Enterprises and present to Oakland County Economic Development for approval.
BE IT FURTHER RESOLVED that the Chairman of the Board of Commissioners shall appoint two
commissioners to work with Oakland County Economic Development and review and participate in
application development, grant awards, and oversight of program.
BE IT FURTHER RESOLVED that Automation Alley will be responsible for submitting quarterly
expenditure reports to the Economic Development and Infrastructure Committee and in conjunction with
Oakland County Economic Development it will confirm that the economic assistance provided by Project
Diamond Phase II project is a direct and proportional response to negative economic impacts experienced as a
result of COVID.
BE IT FURTHER RESOLVED all subrecipient agreements for Project DIAMOnD Phase II will be submitted
for authorization by the Chairman of the Oakland County Board of Commissioners.
BE IT FURTHER RESOLVED that the Oakland County Economic Development Department shall seek and
apply for any other appropriate sources of federal and state funds that could be utilized to offset some or all of
the $15,000,000 in county ARPA-funded costs.
BE IT FURTHER RESOLVED that once approved the appropriation of ARPA – Local Recovery Funds shall
not obligate a commitment of General Funds; Project DIAMOnD shall meet all federal, state, and local legal
requirements, Oakland County policies and procedures, and Department of Treasury guidelines for the eligible
expenditure of ARPA – Local Recovery Funds.
BE IT FURTHER RESOLVED that a budget amendment will be required at this time.
VOTE TRACKING - Board of Commissioners
Motioned by: Commissioner Yolanda Smith Charles
Seconded by: Commissioner William Miller III
Yes: David Woodward, Michael Spisz, Karen Joliat, Kristen Nelson, Eileen Kowall, Christine Long, Philip
Weipert, Angela Powell, Thomas Kuhn, Chuck Moss, Marcia Gershenson, William Miller III, Yolanda
Smith Charles, Charles Cavell, Penny Luebs, Janet Jackson, Gary McGillivray, Adam Kochenderfer (18)
No: None (0)
Abstain: None (0)
Absent: (0)
Passed
AGENDA ITEM: Resolution - Appropriation of American Rescue Plan Act - Local Fiscal Recovery
Funds for Project DIAMOnD (Distributed Independent and Agile Manufacturing on
Demand) Phase 2 22-312
COMMITTEE MEETING: Board of Commissioners
DATE: Thursday, September 1, 2022 6:00 PM - Click to View Agenda
ITEM SUMMARY SHEET
DEPARTMENT SPONSORED BY
Economic Development William Miller III
INTRODUCTION AND BACKGROUND
This MR is for the second Phase of Project DIAMOnD (Distributed independent and Agile
Manufacturing oN Demand).
POLICY ANALYSIS
The resolution is seeking approval for the assignment of $15,000,000 in ARPA funds for future appropriation to the
proposed Distributed Independent and Agile Manufacturing On Demand (DIAMOnD) Phase II Project (Program). The
Program aims to enhance the emergency response readiness and general competitiveness of Oakland County’s (OC)
small and medium enterprises (SMEs) through the application of digital technologies known as Industry 4.0. The 4th
industrial revolution covers the application of technologies that include Artificial Intelligence, Machine Learning, Cloud
Computing, Internet of Things, Additive Manufacturing and more. The SMEs will be provided with services and resources
to help them re-train, re-organize, upskill, install and incorporate enabling technologies that will lay the foundation for a
standing “virtual stockpile”. Phase I was approved on July 2, 2020, for $10M, MR #20242.
The OC Economic Development department has been working with Automation Alley to establish the Oakland County
PPE Resilience Program (also referred to the DIAMOnD Project). The Program is planned to consist of two phases
comprised for the entirety of OC:
The successfully completed Project DIAMOnD Phase One, funded under the CARES Act, distributed 250 3D
printers, addressing the acute economic impact driven by the COVID-19 virus.
2. Phase Two, which is funded by this resolution, addresses the chronic economic impacts of the COVID-19
virus through grants of capital equipment, which equals 750 3D printers.
The OC Economic Development Department will look for and apply for any other appropriate sources of federal and
state funds that could be utilized to offset some or all of the $15,000,000 in County ARPA-funded costs. Once
approved, the appropriation of ARPA – Local Recovery Funds shall not obligate a commitment of General Funds;
Project DIAMOnD shall meet all federal, state, and local legal requirements, Oakland County policies and procedures,
and Department of Treasury guidelines for the eligible expenditure of ARPA – Local Recovery Funds. A budget
amendment is not required.
BUDGET AMENDMENT REQUIRED: No
Committee members can contact Michael Andrews, Policy and Fiscal Analysis Supervisor at
248.858.5115 (office) or andrewsmb@oakgov.com, or the department contact persons listed for
additional information.
CONTACT
Sean Carlson, Deputy County Executive II
Ingrid Tighe, Director Economic
Development-APP
carlsons@oakgov.com, tighei@oakgov.com
ITEM REVIEW TRACKING
William Miller III, Created/Initiated - 9/9/2022
David Woodward, Board of Commissioners Approved - 9/9/2022
David Coulter, Executive's Office Approved - 9/10/2022
Lisa Brown, Clerk/Register of Deeds Final Approval - 9/14/2022
AGENDA DEADLINE: 09/01/2022 6:00 PM
COMMITTEE TRACKING
2022-08-10 Economic Development & Infrastructure - Recommend and Forward to Finance, as
amended
2022-08-10 Finance - Recommend to Board
2022-08-17 Full Board
ATTACHMENTS
1. PD Phase 2.EDI.FC.8.24.22.v2
September 1, 2022
MISCELLANEOUS RESOLUTION #22-312
Sponsored By: William Miller III
Economic Development - Resolution - Appropriation of American Rescue Plan Act - Local Fiscal
Recovery Funds for Project DIAMOnD (Distributed Independent and Agile Manufacturing on Demand)
Phase 2
Chairperson and Members of the Board:
WHEREAS the United States Treasury allocated Oakland County $244,270,949 of Local Fiscal Recovery Funds (LFRF)
established under the American Rescue Plan Act (ARPA) of 2021; and
WHEREAS under the guidance of the Final Rule, the County may use these funds at their discretion to support eligible
investments in public health expenditures, address negative economic impacts caused by the public health emergency; replace
lost public sector revenue; provide premium pay for essential workers; and invest in water, sewer, and broadband infrastructure;
and
WHEREAS it is reasonable to anticipate that public health emergencies and the economic injury that accompanies them, as in
the case of COVID-19 at present, will continue to occur with some frequency and potentially have nation-wide impact; and
WHEREAS it is known that disruptions to local economies and unanticipated need, coupled with the inability to quickly
produce necessary personal protection equipment, contributed to the severity of the COVID-19 pandemic in Oakland County;
and
WHEREAS it is in the interest of Oakland County and its manufacturing base to be prepared to meet the challenge of the
ongoing COVID-19 pandemic and future emergencies; and
WHEREAS the Oakland County Economic Development department has been working with Automation Alley to establish the
Oakland County PPE Resilience Program (also referred to as Project DIAMOnD Program); and
WHEREAS the program aims to enhance the emergency response readiness and general competitiveness of Oakland County’s
small and medium enterprises (SMEs) through the application of digital technologies known as Industry 4.0; and
WHEREAS Industry 4.0 is the term used to describe the 4th industrial revolution and covers the application of technologies
including Artificial Intelligence, Machine Learning, Cloud Computing, Internet of Things, Additive Manufacturing and more;
and
WHEREAS subject to technological capability, SMEs will be provided with services and resources to help them re-train, re-
organize, upskill, install and incorporate enabling technologies that will lay the foundation for a standing “virtual stockpile";
and
WHEREAS Oakland County SMEs leveraging digital technologies will be agile and ready to convert operations quickly in
response to urgent demand while also enhancing their competitiveness in normal times; and
WHEREAS the Project is expected to be named Project DIAMOnD Phase II. Project DIAMOnD Phase II is to be comprised of
the entirety of Oakland County; and
WHEREAS the Project DIAMOnD Program is planned to consist of two phases:
1. The successfully completed Project DIAMOnD Phase One, funded under the CARES Act, distributed 250 3D printers,
addressing the acute economic impact driven by the COVID-19 virus.
2. Phase Two, which is funded by this resolution, addresses the chronic economic impacts of the COVID-19 virus through
grants of capital equipment, which equals 750 3D printers; and
WHEREAS American Rescue Plan Act (“ARPA”) funding is appropriate to spend on the allocated cost because 1)
improvements to data or technology infrastructure and, 2) loans and grants to mitigate financial hardship from COVID-19 are a
designated use of ARPA funding.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners hereby appropriates $15,000,000
in ARPA funds to Oakland County Economic Development for the proposed Project DIAMOnD Phase II.
BE IT FURTHER RESOLVED expenditure of these funds is contingent upon successful completion of a capital expenditure
justification prior to the expenditure or reimbursement of any funds to Automation Alley. The expenditure justification will 1.
Describe the harm or need to be addressed; 2. Explanation of why a capital expenditure is appropriate; 3. Comparison of
proposed capital project against at least two alternative capital expenditures.
BE IT FURTHER RESOLVED an application process will be proposed by Automation Alley and approved by Oakland
County Economic Development to ensure that all eligible Small Manufacturing Enterprises (SMEs) will meet the criteria
outlined in Treasury Guidance.
BE IT FURTHER RESOLVED that Automation Alley will collect all applications from eligible Small Manufacturing
Enterprises and present to Oakland County Economic Development for approval.
BE IT FURTHER RESOLVED that the Chairman of the Board of Commissioners shall appoint two commissioners to work
with Oakland County Economic Development and review and participate in application development, grant awards, and
oversight of program.
BE IT FURTHER RESOLVED that Automation Alley will be responsible for submitting quarterly expenditure reports to the
Economic Development and Infrastructure Committee and in conjunction with Oakland County Economic Development it will
confirm that the economic assistance provided by Project Diamond Phase II project is a direct and proportional response to
negative economic impacts experienced as a result of COVID.
BE IT FURTHER RESOLVED all subrecipient agreements for Project DIAMOnD Phase II will be submitted for
authorization by the Chairman of the Oakland County Board of Commissioners.
BE IT FURTHER RESOLVED that the Oakland County Economic Development Department shall seek and apply for any
other appropriate sources of federal and state funds that could be utilized to offset some or all of the $15,000,000 in county
ARPA-funded costs.
BE IT FURTHER RESOLVED that once approved the appropriation of ARPA – Local Recovery Funds shall not obligate a
commitment of General Funds; Project DIAMOnD shall meet all federal, state, and local legal requirements, Oakland County
policies and procedures, and Department of Treasury guidelines for the eligible expenditure of ARPA – Local Recovery Funds.
BE IT FURTHER RESOLVED that a budget amendment will be required at this time.
Chairperson, the following Commissioners are sponsoring the foregoing Resolution: William Miller III.
Date: September 09, 2022
David Woodward, Commissioner
Date: September 10, 2022
David Coulter, Oakland County Executive
Date: September 14, 2022
Lisa Brown, County Clerk / Register of Deeds
COMMITTEE TRACKING
2022-08-10 Economic Development & Infrastructure - Recommend and Forward to Finance, as amended
2022-08-10 Finance - Recommend to Board
2022-08-17 Full Board
VOTE TRACKING
Motioned by Commissioner William Miller III seconded by Commissioner Penny Luebs to adopt the attached
Resolution: - Appropriation of American Rescue Plan Act - Local Fiscal Recovery Funds for Project
DIAMOnD (Distributed Independent and Agile Manufacturing on Demand) Phase 2.
Yes: David Woodward, Michael Spisz, Karen Joliat, Kristen Nelson, Eileen Kowall, Christine Long, Philip
Weipert, Angela Powell, Thomas Kuhn, Chuck Moss, Marcia Gershenson, William Miller III, Yolanda
Smith Charles, Penny Luebs, Janet Jackson, Gary McGillivray, Adam Kochenderfer (17)
No: Charles Cavell (1)
Abstain: None (0)
Absent: (0)
Passed
ATTACHMENTS
1. PD Phase 2.EDI.FC.8.24.22.v2
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lisa Brown, Clerk of the County of Oakland, do hereby certify that the foregoing resolution is a true and
accurate copy of a resolution adopted by the Oakland County Board of Commissioners on September 1, 2022,
with the original record thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the Circuit Court at Pontiac,
Michigan on Thursday, September 1, 2022.
Lisa Brown, Oakland County Clerk / Register of Deeds
Project DIAMOnD
Phase II Proposal
Critical Questions for
Project Diamond Phase II
How did PDPII develop as a proposal?
Why PDPII?
Does PDPII meets Oakland County & ARPA
guidelines?
What SME’s will get 3D Printers?
Expected impact if we move forward?
Impact if we do not move forward?
How did PDPII develop as a proposal?
Renee Axt,CEO,
SOS Works LLC
Eric Dietz, Regional President,
Huntington National Bank
Sloan Herrick, Chief Operating
Officer, Global Detroit
John Kerr, Director Government
Affairs,Denso
Thomas Kelly, Executive Director/CEO,
Automation Alley
Alan Kiriluk, Chairman,
Kirco Management
Kate Knight,Director,
Farmington DDC
Grace Lee, President/CEO,
Ashford Connex
Martin Manna, President, Chaldean
Chamber of Commerce
Bill Roberts, Proprietor, Roberts
Restaurant Group
Sean Werdlow, Eminence Partners
Barbara Whittiker, President,
BW Limited LLC
ED for Future Prosperity (EDFP) Workgroup:
EDFP Objectives:
Identify Transformational Projects
Support Small businesses harmed by COVID
Ensure that investments are proportional
Invest in projects that will aid in building a more diversified & resilient economy
How did PDPII develop as a proposal?
EDFP Workgroup Advanced to Administration the
Following Initiatives:
Business Forward –Approved on 4/14/2022
Project Diamond II
Placemaking/Livable Neighborhoods
Site Readiness
Revolving Loan Fund
How did PDPII develop as a proposal?
Why Project Diamond Phase II?
Project Diamond was an initiative that was born out
of the COVID pandemic.
Oakland County asked Automation Alley for an idea
that would:
•Embrace industry 4.0 theories and put them into
practice
•Assist Oakland County’s 2,600+ manufacturers
in becoming more resilient and responsive to
future local and national crisis
•Help mitigate supply chain issues and long lead
time for critical supplies
•Build a sustainable platform where SMEs could
compete and look to reshore manufacturing
Project DIAMOnD Phase I was a success
•During pandemic, dispersed 250 3D printers
•Michigan Works! and Project DIAMOnD partnered to
train 23 companies and 47 workers
•Project DIAMOnD Network recently printed
tourniquets to aid Ukrainian defense efforts
•Project DIAMOnD companies working with National
Guard to manufacture parts
Air and Liquid Systems (Rochester Hills)
Why Project Diamond Phase II?
PD Phase I Locations
244 Phase 1 locations
Project DIAMOnD -Phase II
Why Phase II?
•Additive manufacturing changing today’s complex
supply chain
•Additive manufacturing projected to be 42% of the
manufacturing production by 2028
•Phase II is potential tipping point
Why Project Diamond Phase II?
Industry 4.0 manufacturing communities:
•Drive productivity and economic growth
•Accelerate job and income growth
•Enhance innovation and competitiveness
•Support national resilience ***
Oakland County has:
•2,626 manufacturers
•$13B Manufacturing GDP
•66,790 manufacturing jobs
•Creates 1.8 indirect job for every
manufacturing position
Reference:*St. Louis Federal Reserve; **HP/A.T. Kearney 2017; ***“Building a more competitive US
manufacturing sector” McKinsey Global Institute April 2021; All Mfg data collected from 2020 Bureau
of Labor Statistics’ Quarterly Census of Employment and Wages (QCEW) survey
PDPII meets Oakland County & ARPA guidelines
County Criteria
Needs to be Transformational –Investment will leverage a County strength
Yes, Oakland County is a leader in manufacturing
PDPII integrates industry 4.0 technology into our SME’s
Job & wage growth is a key driver in this blue collar industry
OC’s manufacturing industry powers the County’s 21% of the State of
Michigan’s GDP
Cannot add to County Operational Cost outside of ARPA window
PDPII does not add the operational cost of the County
PDPII will be completed by 12/31/26
ARPA Criteria:
Respond to Negative Economic Impacts from COVID 19
Meet Small Business Eligibility Requirements
Proportional Response to negative impacts from COVID
PDPII meets Oakland County & ARPA guidelines
•Improvements to data or technology
infrastructure
•Impact evaluations
Efficacy of Economic Relief
Respond to the Negative Economic Impacts
Address economic harm from or exacerbated by COVID-19
•Job training
•Assistance to accelerate rehiring,
•Deposits into State Unemployment Trust
Funds
Unemployment Assistance
•Implementing safer opening procedures
•Loans and grants to mitigate financial
hardship from COVID-19
Support for Small Business
& Non-Profits
•Support safe reopening of industries and
business districts
•Provision PPE and COVID-19 prevention
measures
Aid to Impacted Industries
•Programs addressing homelessness
•Affordable housing development
•Housing navigators and voucher programs
Housing & Neighborhood Investments
•Assistance for food, rent, burials, home
repairs
•Eviction prevention services
•Cash assistance
Assistance to Households
•Payroll, benefits, and associated costs
with rehiring public sector staff back to
pre-pandemic levels
Rehiring SLTT Staff
•Early learning programs
•Assistance to high-poverty districts
•Evidence-based educational practices and
student well-being initiatives
Addressing Educational Disparities
•High quality childcare and home visit
services for new parents
•Enhanced services for child welfare and
foster youth programs
Providing Healthy Childhood Environments
PDPII meets Small Business Eligibility Requirements
Targeting SME’s impacted by the pandemic in one of the following ways:
✓Decreased revenue or gross receipts
✓Financial insecurity
✓Increased costs
✓Capacity to weather financial hardship
✓Challenges covering payroll, rent or mortgage, and other operating costs
Proportional Response to negative impacts from COVID
Project Diamond Phase II initiative would provide 6.14% of Oakland County’s ARPA funds to
Oakland County’s manufacturing industry for an industry which experienced 20% decline.**
**UM RSQE 2022 Oakland County Economic Outlook Report.
PDPII meets Oakland County & ARPA guidelines
Current Oakland County Manufacturing Density
Key concentrations:
•Pontiac/Auburn Hills
•Madison Heights/Troy
•I-96 corridor
•I-75 corridor
•M-59 corridor
•M-24 corridor
Existing manufacturer
Number of Manufacturers Per CVT
Auburn Hills 226 Holly 23 Oxford 55
Berkley 13 Huntington Woods 3 Pleasant Ridge 2
Beverly Hills 4 Keego Harbor 3 Pontiac 66
Bingham Farms 9 Lake Orion 26 Rochester 36
Birmingham 44 Lathrup Village 7 Rochester Hills 152
Bloomfield Hills 44 Leonard 5 Royal Oak 61
Clarkston 25 Madison Heights 203 Southfield 148
Clawson 21 Milford 29 South Lyon 11
Commerce 25 New Hudson 29 Sylvan Lake 10
Davisburg 14 Northville 5 Troy 442
Farmington 22 Novi 150 Walled Lake 50
Farmington Hills 186 Oak Park 60 Waterford 55
Ferndale 80 Oakland 2 West Bloomfield 20
Franklin 4 Orchard Lake 2 White Lake 10
Hazel Park 28 Orion 8 Wixom 184
Highland 18 Ortonville 4 Wolverine Lake 2
Distribution of Project DIAMOnD 3D Printers
Region #/% of Manufacturers Project Diamond Phase 1 Project Diamond Phase 2
Holly/Highland/Milford/Lyon Twp./South
Lyon/White Lake Twp./Commerce Twp.
146/5.6%23/9.4%36-42
Walled Lake/Wixom/Novi/Northville 395/15%23/9.4%96-113
Farmington/FH/Southfield/Franklin/LV 368/14%27/11.1%91-105
Waterford Twp./Pontiac/Auburn Hills 350/13.3%53/21.7%86-100
Birmingham/Bloomfield Hills/West
Bloomfield/Sylvan Lake
133/5.1%9/3.7%33-38
Troy/Clawson 463/17.6%35/14.3%114-132
Rochester/Rochester Hills 188/7.2%25/10.2%47-54
Oxford/Lake Orion/Clarkston 136/5.2%21/8.6%34-39
Madison Heights/Royal Oak 264/10%18/7.4%65-75
Ferndale/Oak Park/Huntington Woods 183/7%10/4.1%46-53
2,626 244 650-750
Expected Impact of Project
DIAMOnD -Phase II
•Can help address supply chain issues –
reshoring
•Additive Manufacturing could create
10,000-32,000 new skilled jobs in
Oakland County
•10,000 new skilled jobs would result in
14,777 spin-off jobs (retail, etc.) =
Tax Base $25.1M
•3DP could on-shore $600B
Impact of Inaction
•Since 2001, manufacturing in OC declined 17.4% and manufacturing
jobs declined 38.0%
•1997-2016, foreign sourcing of parts for domestic car manufacturing
rose 10% to 15%
•Peer countries meet 80-90%domestic demand with regional
production. US meets only 70% domestic demand.
•Since 1990, manufacturers with more than $1 billion in assets had
seen revenues grow by more than 2% annually, while small and
medium-size manufacturers posted negative growth
•These trends, which were mirrored in other industries (and other
advanced economies), either squeezed smaller suppliers out
altogether or forced them into relentless price competition
Conclusion
•The adoption of 3D printing will:
•attract investment (incl. manufacturing)
•create robust new markets
•ensure leadership and prosperity in the 4th Industrial Revolution and beyond
•Public and private-sector resolve to shore up the manufacturing sector that has long
been an important pillar of the economy
•Ph. II combined with technology and market opportunities offers rare chance to change
the existing downward trajectory for manufacturing
•The direct and indirect effects could boost Oakland County Manufacturing GDP from
$13B to $21.7B while adding 10,000 to 32,000 jobs
•Oakland County has opportunity to help our companies with economic recovery,
inclusive growth, resilience, and capabilities of the future
Source:“Building a more competitive US manufacturing sector”
McKinsey Global Institute April 2021