GlensFalls.com logo
GlensFalls.com logo
  • Back to GlensFalls.com
  • Lodging
  • Restaurants
  • Things To Do
  • Events
Glens Falls Business Journal
  • Home
  • New Businesses
  • Business News
  • Business Reports
  • Business Briefs
  • Business Registrations
  • Personnel Briefs
  • Contact Us
Home  »  Business News  »  GlobalFoundries Heads Pilot Project To Help Build Up U.S. Manufacturing Base
Business News

GlobalFoundries Heads Pilot Project To Help Build Up U.S. Manufacturing Base

Posted onSeptember 20, 2013November 8, 2017

GlobalFoundries and five partners are embarking
on a Clinton Global Initiative (CGI)
Commitment to Action, a collaborative effort
that has the potential to strengthen the U.S.
supply chain and build the manufacturing
base, company officials said.

The commitment, which was the outgrowth
of discussions during the 2012 CGI America
meeting in Chicago, now moves from the developmental
to implementation stage.

The NSNI is being lead and facilitated by
GlobalFoundries and brings together representatives
from the University of Michigan,
Battelle and others in a collaborative partnership
with the AutoHarvest Foundation,
CONNECT, the CONNECTORY, the Hudson
Valley Technology Development Center
(HVTDC) and the Center for Economic
Growth (CEG) to create a regional pilot in
the Hudson Valley of NY — Tech Valley — intended
to better connect the supply chain.
Officials said key components of the NSNI include helping small and mid-sized manufacturers get connected to large manufacturers as suppliers; improve access to innovation and to generally help provide direction when it comes to needed assistance. The later would come through the use of an online network and leveraging the expertise of existing organizations.

The overall goal, GlobalFoundries officials said, is to create a scalable model, ultimately providing a tool to build a more robust U.S. supply chain and grow the U.S .manufacturing base.

“As it becomes more evident that the success of modern manufacturing will be an integral part of the growth of the U.S. economy, it is apparent that a strong linkage between all size manufactures and access to innovation is imperative to ensure that the U.S. manufacturing sector can compete and lead in the global economy,” said Mike Russo, senior manager, government relations, GlobalFoundries.

“Large manufacturers need to be able to easily identify smaller manufacturers who are able to supply needed goods and smaller manufacturers need to know where their potential markets lie and have access to the latest innovation in order to improve manufacturing processes and product design,” he said. “CGI has provided the vehicle for those now engaged in the NSNI to come together to identify and solve this fundamental problem.”

Sridhar Kota of the University of Michigan said the NSNI is intended to develop a comprehensive method to connect the supply chain.

“Much of the needed information and resources exist, but there is no easy way for especially small and mid-sized manufacturers to access it,” he said. “Better connectivity could provide manufacturers the necessary access to resources ranging from IP, expertise, and software tools to test facilities products, parts and capital. A state-of-the-art online network that leverages existing networks and resources will create the needed connectivity, leveraging existing expertise and information.”

“This CGI Commitment to Action, which strives to improve the American economy by invigorating the manufacturing value chain, aligns well with our inclusive intellectual property ecosystem that utilizes social media tools to smart-connect R&D and manufacturing innovators and commercializers to accelerate the adoption of innovation”, said AutoHarvest President and CEO, Jayson D. Pankin.

The process entails developing a scalable model by initially focusing on three geographic regions (the west, mid-west and east). The CONNECTORY and CONNECT have a presence in California and the Pacific Northwest, the AutoHarvest Foundation in Michigan and the HVTDC/CEG are located in the nation’s new Tech Valley.

Officials said the initial pilot will utilize the HVTDC and its existing platform in conjunction with the Capital Region MEP (led by the Center for Economic Growth) to develop a scalable framework and prototype web-based platform leveraging expertise of the others involved.

Several other markets across the nation have expressed an interest to be involved as early pilots, according to GlobalFoundries.

Regional economic development entities in other markets will be responsible for outreach and facilitation throughout the nation as the initiative is scaled, using the Hudson Valley model. This process will be conducive to scaling because it utilizes the existing grass roots, regional structure to facilitate, giving municipalities and economic development entities the tools necessary to understand the system, working with manufacturers/ suppliers and to provide data to update the system in real time (through the use of templates), which helps to maintain the site and database, officials said.

While the initial focus of the NSNI is to connect all-sized manufacturers in the supply chain in order to grow their markets and to provide better access to both product and process innovation, through better connectivity/sharing of best practices and leveraging existing platforms, the broader goal will be to help address the other top issues identified by manufacturers, including access to capital/financing; assistance in developing sustainability/environmentally friendly operations, access to design enablement and general business assistance to address issues inhibiting business growth, officials said.

Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of Bill, Hillary & Chelsea Clinton Foundation, convenes global leaders to create and implement innovative solutions to the world’s most pressing challenges. CGI annual meetings have brought together more than 150 heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media.

For more information, visit clintonglobalinitiative.org

Previous Article Electric Car Chargers Installed At Hospital With Help Of State’s ChargeNY Program
Next Article Gary Male Retires As C.T. Male President; Edward F. Garrigan Named Replacement
Subscribe to Our Newsletter View the Latest Virtual Edition
 SUBSCRIBE TO OUR NEWS FEED

Categories

  • 50-Plus
  • Banking
  • Banking / Asset Managment
  • Building Trades
  • Business Briefs
  • Business News
  • Business Registrations
  • Business Reports
  • Commercial / Residential Real Estate
  • Construction
  • Construction Planning
  • Corporate Tax / Business Planning
  • Cyber/Tech
  • Dining Guide
  • Economic Outlook 2017
  • Economic Outlook 2018
  • Economic Outlook 2019
  • Economic Outlook 2020
  • Economic Outlook 2022
  • Economic Outlook 2023
  • Economic Outlook 2024
  • Economic Outlook 2025
  • Economical Development
  • Education / Training
  • Entrepreneurial Women
  • Entrepreneurs
  • Entrepreneurship
  • Environment / Development
  • Exclusives
  • Financial Planning / Investments
  • Fitness / Nutrition
  • Health / Community Services
  • Health & Fitness
  • Health & Wellness
  • Healthcare
  • Holiday Shopping Guide
  • Home / Energy
  • Home & Real Estate
  • Insurance / Employee Benefits
  • Insurance / Medical Services
  • Leadership Development
  • Legal / Accounting
  • Meet The Chef
  • My Turn
  • New Businesses
  • Non-Profits
  • Office / Computers / New Media
  • Office / HR / Employment
  • Office / New Media
  • Office / Tech / eCommerce
  • Office / Technology
  • Office / Work Place / Legal
  • Outlook 2016
  • Outlook 2021
  • Personnel Briefs
  • Retirement Planning
  • Senior Living / Retirement
  • Summer Construction
  • Uncategorized
  • Wellness
  • Women In Business
  • Workplace / Legal / Security
  • Year-End Tax Planning

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • November 2010
Mannix Marketing Logo
GlensFalls.com logo
  • Home
  • Lodging
  • Restaurants
  • Things To Do
  • Nightlife
  • Events
  • Health & Beauty
  • Real Estate
  • Businesses
  • About
  • Home & Garden
  • Guides
  • Blogs
  • Sweepstakes
  • Advertising
Official Guide to the Greater Glens Falls Region
Full-Service Internet Marketing: Search Engine Optimization, Website Design and Development by Mannix Marketing, Inc.
Mannix Marketing, Inc. is headquartered in Glens Falls, New York
GlensFalls.com All Rights Reserved © 2025
Disclaimer & Privacy Policy / Terms of Use / Copyright Policies
[uc-privacysettings]

We strive to insure accuracy on GlensFalls.com however accuracy cannot be guaranteed. Information is subject to change.
Please alert us if there is any inaccurate information here.

Having trouble using this site? Accessibility is our goal, please contact us with site improvements.