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3w ago

Labor and SBA Sign MOU to Bolster U.S. Manufacturing

Signed July 16, the memorandum creates data‐sharing protocols, centralizes contact points for manufacturing support, integrates SBA financing with Labor Department apprenticeships.

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. @SBA_Kelly and I are committed to fulfilling @POTUS ’ mission to restore America as the world’s manufacturing superpower and bring jobs back home. Through the agreement we signed today, @USDOL and @SBAgov will collaborate to ensure our workforce is prepared for this comeback by expanding Registered Apprenticeships and other training programs that benefit small and large manufacturers.

Overview

  • DOL Secretary Lori Chavez-DeRemer and SBA Administrator Kelly Loeffler formalized the agreement at Labor Department headquarters to streamline support for domestic manufacturers.
  • The MOU establishes detailed data‐sharing protocols and a cross-agency training initiative with centralized points of contact for manufacturing programs.
  • It links SBA capital, counseling and contracting services with Labor Department apprenticeship programs to build a skilled workforce pipeline.
  • The collaboration targets veterans, service members and military spouses and aims to expand apprenticeship networks toward one million active participants.
  • Set to expire April 1, 2027, the limited-time accord advances President Trump’s Made in America agenda following the July 4 passage of the “Big, Beautiful Bill” with new trade-skill grants and production incentives.