Effort Will Increase Access to Defense Opportunities for U.S. Manufacturers
ATLANTA — (BUSINESS WIRE) — August 2, 2012 — MFG.com, the world’s leading online manufacturing marketplace, was recently selected as a key provider to help the Department of Defense (DoD) improve their sourcing of manufactured goods necessary for military readiness. The first solicitations have now been posted and MFG.com suppliers have already begun responding.
MFG.com was awarded this contract by the Office of the Secretary of Defense, Manufacturing Technology Program to apply a marketplace-based sourcing approach for manufactured items. The program, “Connecting American Manufacturing (CAM),” has two primary objectives. The first is to make it easier for the DoD to find U.S. manufacturers with the right capability and capacity at the right time. The program also will make it easier for U.S. manufacturers to find and secure DoD opportunities that match their capabilities.
More than $115 billion in commercial manufactured goods have already been sourced through the MFG.com marketplace, making it uniquely suited to help the DoD connect with U.S. manufacturers. Now, by providing one source for both commercial and government opportunities, manufacturers using MFG.com can more easily find and quote on relevant opportunities with less effort.
The benefits of the DoD and MFG.com partnership include the following.
- Getting parts to the Warfighter faster
- Reducing costs for U.S. taxpayers with no loss of quality
- Improving access to DoD opportunities for U.S. manufacturers
“It’s exciting to see our government leaders acknowledge the importance of investing in the future of the American manufacturing industry. The CAM project is an example of how public-private partnerships can leverage commercial best practices to help the government while positioning the U.S. industrial base to be more globally competitive. MFG.com is honored to be at the center of making this a reality,” said Mitch Free, founder and Chief Executive Officer of MFG.com. “For 12 years, MFG.com has relentlessly built the environment, best practices and technology backbone critical to the success of this government initiative. We are proud to do our part to help the Warfighters, taxpayers and U.S. industry.”
About “Connecting American Manufacturing”
The objective of the “Connecting American Manufacturing” (CAM) program is to help better connect DoD manufacturing needs with U.S. manufacturer capabilities. CAM will make it much easier for the DoD to find U.S. manufacturers with the right capability and capacity at the right time. The program also will make it easier for U.S. manufacturers to find and secure DoD opportunities that match their capabilities. This program is sponsored by the Office of the Secretary of Defense, Manufacturing and Industrial Base Policy, addressing the direct interests of the White House Office of Science and Technology Policy.
MFG.com is the largest online marketplace for the manufacturing industry, facilitating interaction between buyers and manufacturers. With more than $115 billion in RFQs passing through the marketplace, MFG.com has helped thousands of manufacturers—ranging from small single-person machine shops to large conglomerates—increase sales and grow profits. Investors in MFG.com include Bezos Expeditions, the personal investment company of Jeff Bezos and Volition Capital.
For interview and speaking requests
Lisa Harrison, 703-283-6572