Alliance hopes to lure manufacturing to state
Last Updated: 16:22 September 21, 2012
The Colorado Advanced Manufacturing Alliance hosted a kick-off event Thursday in Denver. The alliance will focus only on advanced manufacturing. Its objectives include helping companies grow, recruiting new companies to Colorado, increasing access to capital and creating a business-friendly environment.
Advanced manufacturing generally applies computer, high precision and information technologies, and robotics to a manufacturing process.
The idea for CAMA grew out of the state's "Bottom-Up" economic development survey started by Gov. John Hickenlooper's administration when he took office in 2011. It gathered input from more than 5,000 people and evolved into the Colorado Blueprint economic development plan, according to a press release announcing CAMA's formation.
The focus was placed on advanced manufacturing because it creates well-paying jobs and investment in research and development, the release said.
"Advanced manufacturing is uniquely positioned to lead our state's recovery because it cuts across many of Colorado's key industries," Hickenlooper said in the release. "The alliance will help address the business needs of Colorado's manufacturers today and pave the way for the innovators and manufacturers of the future."
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