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One year into the launch of its Initiative for New Manufacturing, the Massachusetts Institute of Technology is gaining traction toward its goal of helping modernize U.S. industrial systems.

INM launched with financial support from seven consortium members last year: Amgen, Autodesk, Flex, GE Vernova, PTC, Sanofi and Siemens. First Solar has since joined as a consortium member.

The group’s goal is to help develop new technologies and systems, as well as accelerate the adoption of emerging technologies. It will also facilitate efforts to share knowledge across businesses and industry groups, scale workforce education programs and develop more entrepreneurship options.

“It's not like MIT is going to change the world or change the country on its own,” said John Hart, a co-director of INM, during a May 26 event. “But we believe that there are important things we can do to help grow domestic manufacturing productivity, impart more sustainability in supply chains and industries, and also contribute to the creation of high-quality manufacturing jobs.”