Michigan Lift: Revitalizing US Manufacturing and Supply Chain Resilience

This discussion features Michigan Governor Gretchen Whitmer, Ford CEO Jim Farley, and JPMorgan Chase CEO Jamie Dimon announcing the Michigan Lift initiative. The program aims to onshore critical manufacturing capabilities, strengthen supply chains, and address skilled labor deficits through public-private collaboration.

■ Economic Policy and Industrial Strategy
- Onshoring advanced manufacturing and rare earth processing
- Strengthening supply chain resilience against geopolitical disruptions
- Leveraging US capital markets for industrial growth

■ Workforce Development and Education
- Addressing the shortage of skilled tradespeople
- Promoting apprenticeships and free community college in Michigan
- Reducing reliance on four-year degrees for technical careers

■ Global Competition and Innovation
- Competing with Chinese manufacturing speed and efficiency
- Developing competitive electric vehicles and technologies
- Integrating AI and innovation into industrial processes

■ Investment and Capital Allocation
- JPMorgan's $5 billion security and resiliency initiative
- Supporting startups and small-to-medium enterprises
- Balancing interest rate pressures with long-term strategic goals

Viewers will gain insights into how government, industry, and finance can collaborate to rebuild American industrial capacity and maintain global economic competitiveness.