President Barack Obama announced two new manufacturing innovation institutes led by the Defense Department and supported by a $140 million federal commitment combined with more than $320 million in private-sector commitments. A consortium of businesses and universities headquartered in the Detroit area will a focus on lightweight and modern metals manufacturing, and a Chicago-headquartered consortium of businesses and universities will concentrate on digital manufacturing and design technologies. To read further, please visit http://www.defense.gov/news/newsarticle.aspx?id=121722.