USCIB Discusses Future of U.S. Manufacturing at Bloomberg Seminar

Rob Ivester, Deputy Director of the Advanced Manufacturing Office, U.S. Department of Energy; Vinai Thummalapally, Executive Director, SelectUSA, U.S. Department of Commerce; Shaun Donnelly, Vice President, Investment and Financial Services, USCIB; Matthew Philips, Associate Editor, Blomberg Businessweek (Moderator)
L-R: Rob Ivester (U.S. Department of Energy), Vinai Thummalapally, (U.S. Department of Commerce), Shaun Donnelly (USCIB), Matthew Philips (Bloomberg Businessweek)

With aging and outdated infrastructure, the U.S. manufacturing industry is stalling. How will the United States regain its place as the global leader in manufacturing, and what will future manufacturing plants look like?

USCIB’s Vice President for Investment and Financial Services Shaun Donnelly was a lead panelist in Bloomberg Government’s April 19 Washington seminar “The Future of Manufacturing.” Sharing the panel with senior officials from the U.S. Departments of Commerce and Energy, Donnelly offered a private-sector perspective on the role foreign direct investment (FDI) plays in U.S. manufacturing, and on the unique strengths and challenges of the United States as a manufacturing location.  He emphasized the rapid changes in manufacturing around the world that have led to increased competitive pressures.

“In today’s and tomorrow’s global value chain world, FDI drives growth here at home and is also a key tool for U.S.-based manufacturers, large and small, to serve growing international markets,” Donnelly said.

The seminar drew a large audience of Bloomberg subscribers on-line and in-person at Bloomberg Government’s Washington, D.C. headquarters.

Staff Contact:   Alice Slayton Clark

Director, Investment, Trade and China
Tel: 202.682.0051

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