This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs