The Digital Hub for Manufacturing will be built in Chicago and is set to receive $70 million in federal investment under a cooperative agreement with DoD.
“As the sole PLM supplier serving as a Tier One partner, Siemens will provide ongoing strategic leadership and manpower to help bring both the potential and the vision of the Digital Lab to fruition,” said Chuck Grindstaff, CEO of Siemens’ PLM software business.
The administration seeks to further build up U.S. manufacturing productivity, the supply chain system and military technological tools through the Digital Lab.
Private, academic and government organizations have also pledged $250 million to establish the institute, according to the article.
Siemens says its PLM software programs are used by manufacturers worldwide to design and develop aerospace, shipbuilding, automotive, machinery, apparel and medical products.