Emanuel, Durbin announce $320 million manufacturing hub deal

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The north end of Goose Island on Chicago’s near north side could be the site of American manufacturing’s rebirth in the 21st century.

On Sunday, Mayor Emanuel, Senator Dick Durbin and others announced Chicago’s winning bid for a $70 million dollar federal defense department grant, to begin a national digital manufacturing institute.

“Chicago will now have the potential to become the Silicon Valley of new digital manufacturing  and advance manufacturing ,” Emanuel said.

It’s a new age throwback to Chicago’s once thriving manufacturing base.

In addition to the $70 million in federal money and $16 million from the state the mayor announced today private commitments in excess of $5 million.

So far, it adds up to $320 million.

The research institute will combine knowledge from companies and colleges including the Blue Waters super computer at the University of Illinois.

The mayor believes, by training Chicago students in high-tech trades and the digital lab being located here, it’ll pay off with more jobs of the future—in the future.

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