What is the story about?
What's Happening?
Governor Wes Moore has announced that the Maryland Department of Commerce is awarding grants to twelve local manufacturers to support smart manufacturing initiatives. The funding, totaling $180,000, is part of the Maryland MADE grant program, which aims to help small manufacturers adopt smart and high-performance manufacturing technologies. These technologies are expected to increase energy efficiency, reduce emissions, and improve operational efficiency. The grants are funded by a $1.3 million grant from the U.S. Department of Energy, part of a larger $31 million federal initiative to promote smart manufacturing across the U.S.
Why It's Important?
The initiative is significant as it supports the modernization of Maryland's manufacturing sector, a critical component of the state's economy. By adopting smart manufacturing technologies, these businesses can enhance their competitiveness, reduce operational costs, and contribute to environmental sustainability. The program also aligns with broader federal efforts to promote energy efficiency and technological advancement in manufacturing, potentially leading to increased profitability and reduced environmental impact for participating companies.
What's Next?
Applications for the second round of the Maryland MADE grant program will open on November 3, with an informational webinar scheduled for October 6. This provides an opportunity for more manufacturers to benefit from the program and further integrate smart technologies into their operations.
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