Sec. of commerce tours Advanced Regenerative Manufacturing Institute in Manchester
U.S. Senator Jeanne Shaheen (D-NH), Chair of the Senate Appropriations Subcommittee that funds the Economic Development Administration (EDA) at the U.S. Department of Commerce, hosted U.S. Secretary of Commerce Gina Raimondo at the Advanced Regenerative Manufacturing Institute (ARMI) in Manchester. Senator Maggie Hassan (D-NH) and Mayor Joyce Craig joined Senator Shaheen and Secretary Raimondo.
The visit follows the EDA’s selection of Southern New Hampshire’s BioFabrication Cluster as a Build Back Better Regional Challenge (BBBRC) awardee. This $44 million award – which Senators Shaheen and Hassan advocated for – is being used to establish Southern New Hampshire as the global epicenter for the production and distribution of regenerative tissues and organs.
During the visit, the group toured ARMI’s facilities, unveiled an EDA plaque and participated in a roundtable discussion with ARMI’s leadership to discuss the importance of the BBBRC and how the challenge is making generational investments into regional economies, driving economic recovery and putting communities across the country, including New Hampshire, on the path towards economic competitiveness.
Mayor Joyce Craig thanked the participants.
“I look forward to all the future holds supporting this growing industry in the Queen City. Thank you to Secretary Raimondo and the Biden Administration, Senator Shaheen and Senator Hassan for your partnership and Dean Kamen for your vision to create opportunities for Granite Staters,” Craig said.
“Thanks to the support of federal leaders including Sec. Raimondo and the Biden Administration, Sen. Shaheen and Sen. Hassan, and the vision of Dean Kamen, we’re leading the way here in Manchester, supporting the growing bio-fabrication industry and creating 7,000 new family-sustaining jobs,” Craig said. “In Manchester, we’re delivering incredible progress, creating thousands of housing units to support this growing workforce and making history as the only city in the country to win a Build Back Better Regional Challenge Grant. I look forward to the many ways in which this Build Back Better Regional Grant — and the bio-fabrication industry — will positively impact our residents and our region for decades to come.”
Through her leadership as Chair of the Commerce, Justice, Science and Related Agencies Appropriations Subcommittee, Shaheen routinely secures strong federal resources for the agency. As an agency within the U.S. Department of Commerce, the EDA invests in communities to create jobs for U.S. workers, promote American innovation and accelerate long-term sustainable economic growth. In the fiscal year (FY) 2023 government funding law, Senator Shaheen secured $1.12 billion for the EDA. This level is an increase of $742.5 million above the prior year.
“I was proud to host Secretary Raimondo at ARMI today to highlight Manchester’s growing leadership in regenerative medicine and cutting-edge biomedical research,” said Senator Shaheen, Chair of the Senate Appropriations Subcommittee on Commerce, Justice, Science and Related Agencies. “The insightful tour of ARMI’s facilities and engaging roundtable discussion emphasized the progress being made through this joint effort and underscored the transformative impact these substantial investments will have on job creation and scientific innovation in Southern New Hampshire. This federal award demonstrates that the EDA can create groundbreaking opportunities for New Hampshire that will have positive impacts around the world. I will work to secure funds for these programs in government funding legislation for the upcoming year to ensure New Hampshire continues to thrive in this sector.”