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TheStreet Open House

LMI Aerospace Joins Change The Equation To Solve America's Innovation Problem

ST. LOUIS, Sept. 16, 2010 (GLOBE NEWSWIRE) -- LMI Aerospace, Inc. (Nasdaq:LMIA), a leading provider of design engineering services, structural components, assemblies and kits to the aerospace, defense and technology industries, today announced it has joined Change the Equation (CTEq), a CEO-led initiative to cultivate widespread literacy in science, technology, engineering and math (STEM). CTEq will not only achieve the President's Educate to Innovate campaign mission to increase private and philanthropic involvement in STEM education, but also will meet a critical need for a workforce and a citizenry fluent in science and math.

Change the Equation is bringing together top companies like LMI Aerospace across multiple sectors, all of which are dedicated to preparing students for STEM-related careers as an investment in their business, the economy and our democracy. Through innovative and effective company-led programs, LMI Aerospace and CTEq aim to fill the opportunity gap with capable and enthusiastic STEM-literate young people. It is the first and only STEM education group that brings so many corporate leaders together in collaboration with the White House, State Houses nationwide, and the foundation community. LMI Aerospace joins founding members Time Warner Cable, Sally Ride Science, Kodak, Intel and Xerox.

"Our industry and our company rely heavily on employees who have literacy in science, math, engineering and technology," said Ron Saks, CEO of LMI Aerospace. "Our need for individuals with these skills continues to increase and the number of qualified workers having these skills has declined in recent years. Now the older, highly skilled workers who have contributed greatly to modern technology advances in many fields are beginning to retire, and we as a nation have not been replacing them at a sustainable rate. The opportunities available to our children and grandchildren to receive the necessary formal and practical education needed for development of these skills must be increased, so that our future work force has access to the many challenging and rewarding jobs currently being created. We at LMI are committed to help these generations of future workers obtain the STEM literacy needed, so our country can maintain its strong position as the world's technology leader."

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