Wal-Mart Pledges $10 Million in Innovation Funding for US Manufacturing
Announcement was made by Wal-Mart CEO Bill Simon during the US Conference of Mayors in DC this month.
The five-year, $10 million Wal-Mart innovation funding program will be coordinated with the US Conference of Mayors and officially launch in March 2014. According to the release, the Wal-Mart Manufacturing Innovation Fund seeks to “create new processes, ideas and jobs that support America’s growing manufacturing footprint.”
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