Governor Tom Corbett Honors Three Pennsylvania Companies, Praises Innovative Manufacturing Technology
PITTSBURGH, Dec. 4, 2012 /PRNewswire-USNewswire/ -- Governor Tom Corbett today helped honor three Pennsylvania companies for their work to develop a 21 st Century manufacturing innovation called "additive manufacturing," saying it could change the way goods are manufactured and usher in an industrial revolution for Pennsylvania.
The governor announced the Research for Advance Manufacturing in Pennsylvania Program (RAMP) awards at a ceremony hosted by ACUTRONIC USA, a member of the National Additive Manufacturing Innovation Institute (NAMII), in Pittsburgh. The ceremony was held to celebrate Pennsylvania's role in winning federal funding for the NAMII pilot institute.
RAMP is a Corbett administration program funded through the Department of Community and Economic Development. It is a competitive funding program providing small incentive grants to faculty-led teams at both Carnegie Mellon University and Lehigh University that engage in short-term innovation projects in cooperation with Pennsylvania manufacturers.RAMP provides technical and economic benefits to the state's small, medium and large-sized manufacturing companies by enabling knowledge transfer, the discovery of new technologies and retention of highly-skilled students. "It is not overstating things to say that the technology being recognized today will change manufacturing in ways we could never have imagined just a decade ago," Corbett said. "Using computers, knowledge and imagination, America's new factories will go from three dimensional computer designs to manufacturing at an almost instant pace. The implications of this technology are huge." Each of the three manufacturers being awarded today, ExOne in North Huntingdon, Paramount Industries in Langhorne and ACUTRONIC USA Inc. in Pittsburgh, works with additive manufacturing. Additive technology employs computer design and computer-driven machinery to build complex parts and devices in microscopic layers, using plastics or powdered metals. The technology makes it possible to create shapes and designs previously impossible through traditional manufacturing methods.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts