Department of Labor and Small Business Administration Forge New Partnership to Bolster Domestic Manufacturing
Washington D.C. – July 16, 2025 – In a significant move aimed at revitalizing and strengthening American manufacturing, the U.S. Department of Labor (DOL) and the Small Business Administration (SBA) today announced the signing of a new, comprehensive agreement designed to provide enhanced support for domestic manufacturers, particularly small and medium-sized businesses. The collaborative initiative underscores a shared commitment to fostering economic growth, creating well-paying jobs, and ensuring the resilience of American supply chains.
The agreement, formalized today with a signing ceremony at the Department of Labor, outlines a strategic framework for closer cooperation between the two agencies. This partnership will focus on several key areas, including workforce development, access to capital, technical assistance, and promotion of American-made products.
A cornerstone of this new accord is the alignment of workforce training initiatives. The Department of Labor, through its various employment and training programs, will work hand-in-hand with the SBA to identify critical skill gaps within the manufacturing sector. This collaboration will enable the development and expansion of targeted apprenticeship programs and on-the-job training opportunities, ensuring that American workers are equipped with the skills necessary to thrive in modern manufacturing environments. By connecting training programs with the specific needs of manufacturers, the partnership aims to create a more skilled and readily available workforce.
Furthermore, the agreement recognizes the vital role of small businesses in the manufacturing ecosystem. The SBA will leverage its extensive network and resources to provide expanded access to affordable capital, essential for manufacturers seeking to invest in new technologies, expand production capabilities, and upgrade existing facilities. This includes streamlining access to SBA loan programs and encouraging financial institutions to support manufacturing ventures.
Technical assistance will also be a central component of this partnership. The DOL and SBA will collaborate to connect manufacturers with resources that can help them improve efficiency, adopt new technologies, and navigate regulatory landscapes. This could involve sharing best practices, providing access to industry expertise, and promoting the adoption of innovative manufacturing processes.
In addition to supporting the operational needs of manufacturers, the agreement also aims to boost the demand for American-made goods. Both agencies will explore opportunities to promote the value and quality of domestically produced products, potentially through joint marketing initiatives and by highlighting successful American manufacturing stories.
“This agreement represents a crucial step forward in our nation’s commitment to rebuilding and strengthening our domestic manufacturing base,” stated [Secretary of Labor’s Name, if known or can be reasonably inferred as a DOL representative] at the signing. “By joining forces with the Small Business Administration, we are creating a powerful synergy to equip our workforce with the skills needed for high-quality manufacturing jobs and to empower our small businesses, the backbone of our economy, to innovate and grow.”
[SBA Administrator’s Name, if known or can be reasonably inferred as an SBA representative] echoed these sentiments, adding, “Small manufacturers are the engine of innovation and job creation in communities across America. This partnership will provide them with the critical resources and support they need to compete, expand, and thrive in today’s global marketplace. We are excited to work with the Department of Labor to unlock the full potential of American manufacturing.”
The agreement is expected to yield tangible benefits for manufacturers of all sizes, from increased access to skilled labor to improved financial resources and enhanced market opportunities. Both the Department of Labor and the Small Business Administration are committed to the success of this collaborative effort, viewing it as a vital investment in America’s economic future and its enduring capacity for innovation and production.
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DOL News Releases and Briefs published ‘US Department of Labor, Small Business Administration sign new agreement to support domestic manufacturing’ at 2025-07-16 12:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.