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Five-Year Outlook For U.S. Shipbuilding (Continued from page 30) several Navy ocean research ships will provide business opportunities for builders and suppliers. New Government Programs And Policies From a hands-off policy toward shipbuilding, the government has shifted to helping U.S. shipyards, and key systems suppliers remain viable entities. A major objective of the current administration is to at- tract new technology to the U.S. marine sector. Programs to imple- ment this proactive policy are de- tailed in the report, and suggestions given as to how to utilize the avail- able assistance. • Ship Financing Guarantees: the proposal to provide access to federal financing assistance on ship export sales could be a major boon to U.S. shipbuilders and suppliers, depend- ing on the details of program imple- mentation. • Shipbuilding Initiative: seed money totalling more than $200 million is to be thrown at the indus- try to encourage improvements in shipbuilding and ship design. • Assistance In Export Sales: the new policy calls for proactive gov- ernment assistance to U.S. compa- nies selling overseas. • Eliminating Unnecessary Regu- lations: actions are planned to re- duce regulatory burdens impeding U.S. shipbuilders and systems sup- pliers. IMA's new 200-plus page report, report number 7124, lays out the entire marine market available in the U.S. over the next five years. To order the report, contact: IMA Asso- ciates, Inc., 600 New Hampshire Ave., N.W., Suite 140, Washington, D.C. 20037; tel: (202) 333-8501; fax: (202) 333-8504. First Technology Reinvestment Project Awards Announced By President Clinton (Continued from page 31) million over 24 months (federal share to be negotiated). O Project: Precision La-ser Machining Specifics: TRW Space and Electronics Group has proposed a 24-month, $33.8-million project (federal share to be negotiated) to develop preci- sion laser machine tools for drilling, cutting, welding and heat-treating a variety of mechanical and com- posite parts on manufacturing as- sembly lines. This technology will enable higher precision and greater tooling speeds than are currently available. It is expected that this process will replace some chemical machin- ing methods, eliminating hazard- ous chemical discharge, and permit the use of lighter weight plastics. The team consists of a broad group of vertically integrated organizations, including Newport News Shipbuild- ing, Cummins Engine Company and Caterpillar, as well as representa- tives from the automotive and aero- space industries, and technology development entities. ©Project: National Assis-tance Extension Program For Metal Casting Specifics: The Metal Casting Center at the Uni- versity of Northern Iowa will ex- pand its current capabilities for metal casting assistance in its local, multi- state region. The center will link with Manu- facturing Technology Centers (MTCs) and other extension service providers to supply an industry-spe- cific resource. In addition to helping defense- related and commercial firms im- prove their competitiveness, it will help increase overall surge capacity in the U.S. casting industry. The anticipated cost of this effort is approximately $4.1 million over 24 months (federal share to be nego- tiated). Project: NEMJET: Na-O tional Excellence In Ma- terials Joining Education and Training Specifics: The Ohio State University, in partnership with the Edison Welding Institute and the American Welding Society, and in collaboration with technical institutes, community colleges and small-to-large sized manufacturing companies across the state of Ohio, will establish a regionally-based pro- gram in the critical technology area of materials joining. The program will build upon unique existing pro- grams and facilities and a strong regional network to retrain the manufacturing workforce, primarily displaced defense workers, to meet a diversity of commercial manufac- turing industrial needs. Innova- tive and flexible educational deliv- ery systems, including on-site lec- tures, interactive video classrooms and teaching factories, will allow seamless access into and acceler- ated completion of various certifi- cate, bachelor of science and master of science degree-granting pro- grams. The total cost is expected to be approximately $4.6 million over 36 months (federal share to be nego- tiated). For breaking details on ARPA fund- ing, and all legislative news that directly affects the industry, turn to Maritime Reporter's Marine News- letter, which delivers the latest news three times a month. Call (212) 477- 6700 for details. fjlAjiS Manufacturer and Distributor of Standard and Special Non-Ferrous Fasteners in the following materials. ALUMINUM SILICON BRONZE MONEL: 400, 405, K-500 BRASS STAINLESS STEELS 302, 303, 304, 316 COPPER INCONEL NYLON TITANIUM HASTELLOY ANSI, ASTM, ASME, SAE, MILITARY. SPECIFICATIONS TO: Quality Assurance Program in accordance with, MIL-l-45208, MIL-STD-45662, MIC LEVEL I STOCKING DISTRIBUTOR OF COMMERCIAL AND MIL-SPEC MONEL AND 316 STAINLESS STEEL FASTENERS. okabe... .Non-Ferrous Fasteners, Delivered Faster to Serve You Better.... 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