Purdue Selected For Innovative Energy-Saving Manufacturing Initiative
Purdue University is part of a deep and diverse team selected by the U.S. Department of Energy to lead a $259 million initiative to develop the next generation of energy-efficient vehicles, wind energy, and compressed-gas storage technologies.
The Institute for Advanced Composites Manufacturing Innovation (IACMI) will direct the five-year effort with a $70 million federal commitment from the DOE as part of President Obama's National Network for Manufacturing Innovation (NNMI), the White House announced Friday (Jan. 9). The University of Tennessee in Knoxville is the lead institution for IACMI.
Economic development agencies from Indiana, Illinois, Kentucky, Michigan, Ohio, Tennessee and Colorado have pledged more than $60 million for IACMI's efforts. That is combined with $25 million from 122 major manufacturers and other organizations in those states, nearly $8 million from universities and national research laboratories, and in-kind support from those groups valued at more than $90 million.
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