Obama announces plans for manufacturing innovation institute in North Carolina

Miles Moore
RUBBER & PLASTICS NEWS

Published: January 17, 2014 9:36 am ET
Updated: January 17, 2014 9:38 am ET

Related to this story

Topics Public Policy, Government & Legislation

President Obama has announced plans to create a $140 million public-private partnership institute to lead manufacturing innovation in next-generation power electronics.

A consortium of 18 North Carolina businesses and six North Carolina universities, led by North Carolina State University in Raleigh, will run the activities of the institute, Obama said in a Jan. 15 speech at North Carolina State.

This is the first of three manufacturing institutes President Obama proposed in his State of the Union address in January 2013, the White House said in a press release. The institutes were envisioned as regional hubs designed to bridge the gap between applied research and product development, providing collaboration between industry and academia.

The president launched a competition for the first manufacturing institute in May 2013, with a federal commitment of $200 million, the White House said. Winners of the other two competitions will be announced in coming weeks, it said.

"The mission of the Next Generation Power Electronic Institute is to develop advanced manufacturing processes that will enable large-scale production of wide bandgap (WBG) semiconductors, which allow electronic components to be smaller, faster and more efficient than semiconductors made from silicon," North Carolina State said in a statement on its website.


Comments

Obama announces plans for manufacturing innovation institute in North Carolina

Miles Moore
RUBBER & PLASTICS NEWS

Published: January 17, 2014 9:36 am ET
Updated: January 17, 2014 9:38 am ET

Post Your Comments


Back to story


More stories

Image

One51 adding injection molder Straight to its bin molding portfolio

July 29, 2014 10:12 am ET

Dublin-based One51 plc has had its purchase of British trash bin maker Straight plc cleared by the United Kingdom's Competition and Markets Authority.    More

Image

Formosa to be compensated for Vietnam riot

July 28, 2014 1:44 pm ET

Taiwan's Formosa Plastics Group will receive $2.39 million from the Vietnamese government and insurance companies for damages suffered during the...    More

Image

Australian trade group battles non-compliant PVC pipe fittings

July 28, 2014 2:19 pm ET

An Australian plastics industry association is battling against imported, non-conforming PVC pipe fittings, but is stymied by a convoluted web of...    More

Investigation continuing into injury at Windsor mold maker

July 25, 2014 12:57 pm ET

Canadian authorities are investigating an incident in which a worker's foot got caught in a machine at Crest Mold Technology Inc. in Oldcastle,...    More

Image

Bioplastics maker wins government funding

July 25, 2014 12:13 pm ET

Canadian bioplastics maker Solegear Bioplastics Inc. has won $1.6 million in funding from the government-sponsored Western Innovation Initiative (WINN...    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events