UConn receives $2 million in grants (Released: 8/7/96)
by David Pesci, Office of University Communications.
STORRS, Conn. -- The University of Connecticut's Precision Manufacturing Center has received a $2 million grant from the U.S. Economic Development Administration. The grant will be presented by Phillip Singerman, the assistant secretary of commerce for economic development, at 11:45 a.m. on Friday, Aug. 9.
The award will be used to construct a building that will house facilities for the Precision Manufacturing Center and space for start-up manufacturing businesses. The new facility will increase the Precision Manufacturing Center's effectiveness in transferring innovative manufacturing technologies to the business community and spinning off new business that result from University research.
Since 1990, the Precision Manufacturing Center has been working in partnership with state and local businesses to diversify and expand Connecticut's manufacturing industry. One example is the partnership with the Cannondale Corp. of Georgetown. University researchers from PMC and students worked with Cannondale to produce prototype multi-terrain sports wheelchairs. PMC scientists also helped Cannondale implement more efficient methodologies for scheduling precision manufacturing systems. The result of these efforts produced a dramatic increase in shop performance and yielded a 50 percent reduction in in-process inventory and a 30 percent reduction in finished goods inventory.
The small business development space created in the new building will permit more of these types of partnerships to occur.
"This grant award fits in perfectly with the University's mission of using its research expertise to spark economic growth in Connecticut and the state's strategy of supporting manufacturing through technological innovation," said UConn Chancellor Mark Emmert. "We greatly appreciate the efforts of the Connecticut congressional delegation, and particularly those of Sam Gejdenson, to secure this grant."
Attending the award ceremony will be U.S. Rep. Sam Gejdenson (D-2nd District), Lewis B. Rome, chairman of the University's Board of Trustees, and representatives from Goss and DeLeeuw, Pratt and Whitney, Inframart Corp., U.S. Nanocorp, Connecticut Innovations Inc., the Connecticut Technology Council, and the state Department of Economic Development.