NTMA

Robots Descend on Cowboys Stadium to Help Booming Dallas Manufacturing Sector Address Labor Shortages

Retrieved on: 
Friday, November 3, 2023
Data Management, Automotive, Consumer Electronics, Textiles, Technology, Research, Steel, Sports, Packaging, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, General Automotive, Audio, Video, Football, Software, Hardware, Science, Electronic Design Automation, Aircraft, Universal Robots, Plasma, Innovation, TMAC, Silver, University of Texas at Austin, Person, Workforce, NTMA, Multimedia, Finland's Slot Machine Association, UTA, Epson Robots, AT, University, AT&T Stadium, Nidec, Algorithm, Deep learning, Panasonic, Armenta, Robotics, AT&T, Automation, 3D printing

Despite the Dallas metro adding more than 10,000 manufacturing jobs over the past 10 months, the region still has more job vacancies than applicants.

Key Points: 
  • Despite the Dallas metro adding more than 10,000 manufacturing jobs over the past 10 months, the region still has more job vacancies than applicants.
  • In Texas, there is currently 0.8 unemployed persons per job opening, a gap that is especially pronounced in manufacturing.
  • Where: Choctaw Club - Silver Room North, AT&T Stadium, 1 AT&T Way Arlington, TX 76011
    Scott Paulk, engineering manager with Alexandria Industries in Dallas, is excited to attend Waves of Innovation.
  • “We sometimes struggle with hiring skilled labor, automation helps offset this by enabling us to reallocate resources.

NTMA Endorses America's Cutting Edge (ACE) Workforce Program

Retrieved on: 
Wednesday, January 11, 2023
Government, Education, Finland's Slot Machine Association, U.S. Department of Defense Strategy for Operating in Cyberspace, Oak Ridge National Laboratory, Numerical control, United States Department of Defense, Workforce, Curriculum, ACE, Cutting edge, NTMA, CNC, University, IBAS, Management

KNOXVILLE, Tenn., Jan. 11, 2023 /PRNewswire/ -- The National Tooling and Machining Association (NTMA) announced the endorsement today of America's Cutting Edge (ACE), a free machine tool training program designed to engage the next generation of machinists and create talent pipelines for the precision manufacturing industry in the U.S. Supported by U.S. Department of Defense (DoD), ACE training is led by the Institute for Advanced Composites Manufacturing Innovation (IACMI), a national Manufacturing USA institute that collaborates with industry, academia and government to solve America's manufacturing challenges.

Key Points: 
  • "As a leading national trade association for the U.S. precision manufacturing industry, NTMA has been a consistent champion of and resource for workforce skills training," said NTMA President Roger Atkins.
  • "NTMA assists our members by identifying and recommending high-caliber programs that can help them foster and grow the talent in their facilities.
  • America's Cutting Edge, like our NTMA-U program, is an accessible platform to help manufacturers and educational institutions build an empowered workforce.
  • It is more important than ever to focus on building a workforce for today and the future."

Illumina Ventures Closes $325 Million Fund

Retrieved on: 
Monday, September 20, 2021
Professional Services, Health, Genetics, Other Science, Finance, Research, Science, Therapy, Partnership, Employment, SQZ, New Senior Investment Group, Genome, DNA, Precision medicine, Twist Bioscience, Biology, CEO, Genomics, Treasury, Nasdaq, Technology, Science, NTMA, Drug discovery, Synthetic biology, National Treasury Management Agency, Investment, NYSE, Script, Pharmaceutical industry, Management, Illumina Ventures, ISIF, ILLUMINA VENTURES, ISIF

Illumina Ventures, an independently-managed, healthcare-focused venture firm, announced today the closing of its second investment fund with total commitments of $325 million, bringing its total capital under management to $560 million.

Key Points: 
  • Illumina Ventures, an independently-managed, healthcare-focused venture firm, announced today the closing of its second investment fund with total commitments of $325 million, bringing its total capital under management to $560 million.
  • "Our investment in Illumina Ventures furthers our objective of supporting innovation in the genomics ecosystem," said Francis DeSouza, CEO of Illumina.
  • Paul Saunders, Senior Investment Director at the Ireland Strategic Investment Fund (ISIF), said: "We are delighted to be supporting Illumina Ventures' second fund.
  • Illumina Ventures is an independently managed, healthcare-focused venture firm in a strategic partnership with Illumina, with the vision to unlock the power of the genome.