President Barack Obama addresses the nation from the Cross Hall in the White House in Washington, Wednesday, Sept. 10, 2014. In a major reversal, Obama ordered the United States into a broad military campaign to “degrade and ultimately destroy” militants in two volatile Middle East nations, authorizing airstrikes inside Syria for the first time, as well as an expansion of strikes in Iraq. (AP Photo/Saul Loeb, Pool) KNOXVILLE – President Obama is expected to announce today that the University of Tennessee in Knoxville will lead the Institute for Advanced Composites Manufacturing Innovation, or IACMI, a $259 million public-private partnership.
The Institute reflects a $70 million commitment from the U.S. Department of Energy and $189 million from IACMI’s partners, according to a news release from UT.
Supported by the Advanced Manufacturing Office in the DOE’s Office of Energy Efficiency and Renewable Energy, IACMI joins four other institutes backed by the Obama administration in a recent push to accelerate advanced manufacturing.