Liveris Named Co-Chair of U.S. President Obama’s Newly Formed Advanced Manufacturing Partnership

Dépèche transmise le 24 juin 2011 par Business Wire

Liveris Named Co-Chair of U.S. President Obama’s Newly Formed Advanced Manufacturing Partnership

Liveris Named Co-Chair of U.S. President Obama’s Newly Formed Advanced Manufacturing Partnership

MIDLAND, Mich.--(BUSINESS WIRE)--The Dow Chemical Company (NYSE: DOW) today announced that Andrew N. Liveris, Chairman and Chief Executive Officer, has been appointed by U.S. President Barack Obama as Co-chair of the newly formed Advanced Manufacturing Partnership.

“I am honored to have been selected to Co-chair the Advanced Manufacturing Partnership”

Liveris will be joined by Susan Hockfield, President of the Massachusetts Institute of Technology, in heading the Partnership. The Partnership includes other major U.S. manufacturers, several top U.S. engineering universities, and key government technology leaders. Key goals of the Partnership will be to build a roadmap for advanced manufacturing technologies, accelerating ideas from the drawing board to production and competitive advantage in the marketplace, and to ensure a vital and globally competitive manufacturing sector.

"I am honored to have been selected to Co-chair the Advanced Manufacturing Partnership,” said Liveris at the launch ceremony at Carnegie Mellon University. “Through success in manufacturing, the U.S. can generate meaningful long-term employment in key industries and the support positions that accompany them – every new manufacturing job on average creates five additional jobs. By recovering U.S. manufacturing leadership, the U.S. can also maintain and grow its role as the world’s innovation engine. Success at R&D, and in turn, the production of new ideas as products, go hand-in-hand – they can’t be separated. A vibrant manufacturing sector is essential to our competitiveness in cutting-edge technology.”

Mr. Liveris added, “This partnership draws together three mission critical elements: academia, industry and government. A united – and non-partisan – approach must underpin our effort as we mobilize to renew and extend our manufacturing competitiveness.”

Last July, Liveris on behalf of Dow launched Dow's Advanced Manufacturing Plan for America (AMP). AMP calls for action on a number of fronts to lower structural costs that are hindering U.S. manufacturing, and to establish a policy framework that will enable economic growth. In January, Liveris published Make It In America: The Case for Re-Inventing the Economy, which articulates AMP in detail.

Liveris' 35-year Dow career has spanned manufacturing, engineering, sales, marketing, and business and general management. He has been a member of Dow's Board of Directors and CEO since 2004, and was elected as Chairman of the Board in 2006. Liveris serves on the board of directors of IBM, and he is president of the International Council of Chemical Associations, vice chairman of the Business Council, and a member of the executive committee of the Business Roundtable. Liveris is also a member of the President’s Export Council, the US-India CEO Forum, the Peterson Institute for International Economics, the American Australian Association, and a trustee of Tufts University.

About The Dow Chemical Company

Dow (NYSE: DOW) combines the power of science and technology with the "Human Element" to passionately innovate what is essential to human progress. The Company connects chemistry and innovation with the principles of sustainability to help address many of the world's most challenging problems such as the need for clean water, renewable energy generation and conservation, and increasing agricultural productivity. Dow's diversified industry-leading portfolio of specialty chemical, advanced materials, agrosciences and plastics businesses delivers a broad range of technology-based products and solutions to customers in approximately 160 countries and in high growth sectors such as electronics, water, energy, coatings and agriculture. In 2010, Dow had annual sales of $53.7 billion and employed approximately 50,000 people worldwide. The Company's more than 5,000 products are manufactured at 188 sites in 35 countries across the globe. References to "Dow" or the "Company" mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted. More information about Dow can be found at www.dow.com.

®Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow

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