I'm not sure the concept necessarily puts my mind at ease if this is what it takes to buoy our manufacturing base. However, the world we live in is full of nuts.
A new bill has passed through the Senate and if all goes well could be signed by president Obama soon. A group of tooling stakeholders is pushing the U.S. House of Representatives for reforms to the Defense Production Act (DPA).
"The DPA is a 60-year-old program that gives the President broad power a) to require businesses to sign contracts or fulfill orders deemed necessary for national defense; b) to establish and enforce means of allocating materials, services, and facilities for national defense; and c) to control the civilian economy so that scarce and/or critical materials are available for national defense purpose."
Our friends over at Kinetic Die Casting have a post with further details about the Defense Production Act.
Die casting video review (courtesy of SME)
