Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Fayette | Henderson | Lakes | McCracken | Warren | Webster
Davis Motor Sales banner ad

Kentucky Invests $3.7 Million to Support Research and Create Jobs

kysealFRANKFORT, Ky. (2/27/14) — On behalf of Governor Steve Beshear, Lt. Governor Jerry Abramson joined University of Kentucky President Eli Capilouto and University of Louisville President James Ramsey to announce $3.7 million in state funding and in kind contributions to support a comprehensive federal initiative focused on enhancing advanced manufacturing nationwide and bringing more highly skilled jobs to the Commonwealth.

Earlier this week, President Barack Obama announced the grants in support of the National Network of Manufacturing Innovation, a White House plan to help U.S. manufacturers employ leading edge technology to become more competitive.

The initiatives involve universities, private companies and governments throughout the country, including the Commonwealth and Kentucky’s two research universities.

“As a prominent partner in both of these initiatives, Kentucky will play a key role in developing and disseminating cutting-edge manufacturing technologies to the advanced manufacturing sector,” said Lt. Governor Abramson. “Private companies from around the country will work with UofL and UK on groundbreaking research. These grant awards are vital to the nation’s long-term economic success, and the Commonwealth is honored to be a part of these opportunities.”

To support these innovative research projects, the Cabinet for Economic Development and other state partners are investing a total of $3.7 million over the next several years.
Manufacturing remains a critical economic engine in the Commonwealth.

Manufacturing is Kentucky’s third largest employment sector, nearly one out of every eight non-agricultural jobs in Kentucky is in manufacturing.

In 2012 alone, 232 manufacturing facilities announced new locations or expansions in Kentucky.

In addition, Kentucky’s manufacturing employment has grown 9 percent since 2010, providing more than 228,000 jobs.

More than 4,100 manufacturing facilities now call Kentucky home, and they produce everything from automobiles and aerospace parts to food, beverage, and paper products with a total output of nearly $30 billion.

“We have a keen interest in not only maintaining our manufacturing prowess in Kentucky, but also growing manufacturing through advanced technology applications,” said Gov. Beshear. “These grants and the work they will support at our two research institutions will give Kentuckians a huge head start on developing the techniques that will drive the future manufacturing sector.”

UK and UofL are both involved in the federal project, but will work with different groups of schools and manufacturers.

UofL is one of the prime players in a consortium of Midwestern universities and companies selected to participate in the Digital Manufacturing and Design Innovation Institute.

The DMDI Institute will be headquartered in Chicago with a network of manufacturing and research sites across the U.S. including one at UofL. The institute’s goal will be to increase the competitiveness of the manufacturing sector of America’s economy by developing software, data management tools and innovative, networked production processes that reduce costs and improve efficiencies for both large companies and small to medium sized manufacturers.

UK was selected to participate in the American Lightweight Materials Manufacturing Innovation Institute, which will receive $70 million in Department of Defense funding, with $78 million in matching support from a publicto private consortium.

ALMMII is charged with developing and deploying advanced lightweight materials manufacturing technologies, and implementing education and training programs to prepare the workforce. The Kentucky Department of Workforce Investment, the Kentucky Community and Technical College System, and the Cabinet for Economic Development will contribute a total of $2.5 million to support the Institute.

The Kentucky Cabinet for Economic Development will contribute more than $1.2 million to the project over the next five years that will be used to ensure that small to medium sized Kentucky companies have an opportunity to apply these new technologies to their manufacturing processes and develop technologies specific to their needs. The state has also already funded $12.4 million in infrastructure for a new research park behind the Speed School.

UK is one of nine universities that have joined with 34 private companies and 17 other organizations in the public to private consortium, which was initiated by the Ohio-based tech nonprofit group EWI along with the University of Michigan and The Ohio State University.  “UK’s partnership in this institute engages our human capital and intellectual curiosity in collaborative and creative scholarship,” Capilouto said. “Our role will support research and development in ways that are significant to education we provide, industries we support in our state and the economic competitiveness of our nation.”
 
SurfKY News
Information provided by Office of the Governor

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013
Started 11/8/2013

In Other News...

BMS to Host Screening of ‘Team Karlie’ Feature on the Katie Couric Show

OWENSBORO, Ky. (7/28/14) — Burns Middle School will host a screening of a feature about 'Team Karlie' that was… Read More

Madisonville Woman Arrested for Being a Nuisance

MADISONVILLE, Ky. (7/28/14) — Madisonville Police responded to a disturbance complaint at a Park Avenue address Friday,… Read More
Started 11/8/2013
Started 11/8/2013

Most Read This Week (Site-Wide)

July 24, 2014 3934

Powderly Man Injured in Apparent Gun…

in Top Stories by Charles W. Riley II, SurfKY News
July 24, 2014 2841

Madisonville Man Charged for Drugs,…

in Top Stories by Trooper Stu Recke
July 25, 2014 2212

No One Injured in Truck-Train Collision

in Top Stories by Ami Clayton, SurfKY News
July 28, 2014 2086

Madisonville Woman Arrested for Being a…

in Top Stories by Madisonville Police Department
July 24, 2014 1818

Muhlenberg to Have State's Only Honey…

in Top Stories by Charles W. Riley II, SurfKY News

Most Read Stories from Hopkins County

July 24, 2014 2841

Madisonville Man Charged for Drugs,…

in Top Stories by Trooper Stu Recke
July 25, 2014 2212

No One Injured in Truck-Train Collision

in Top Stories by Ami Clayton, SurfKY News
July 28, 2014 2087

Madisonville Woman Arrested for Being a…

in Top Stories by Madisonville Police Department
July 28, 2014 1769

Madisonville Man Arrested for Endangering…

in Top Stories by Madisonville Police Department
July 25, 2014 1454

Vehicle Strikes Lawn Mower Driven on…

in Top Stories by Dep. Mike Evans

Most Read Stories from Owensboro

July 24, 2014 1367

US 231 Ohio River 'William Natcher'…

in News by Keith Todd
July 24, 2014 1085

Maintenance Scheduled at Fisher Park and…

in News by Brittni Bunn
July 24, 2014 920

Portion of Spring Bank Drive Closed…

in News by Sherry Girten
July 28, 2014 622

Zuberer Takes Over at Quarterback for…

in News by Steve LeMaster
July 28, 2014 578

Dont Miss Out on a Howl of a Good Time

in News by Brittni Bunn

Most Read Stories from Muhlenberg County

July 24, 2014 3934

Powderly Man Injured in Apparent Gun…

in Top Stories by Charles W. Riley II, SurfKY News
July 24, 2014 1818

Muhlenberg to Have State's Only Honey…

in Top Stories by Charles W. Riley II, SurfKY News
July 24, 2014 1331

Marching Mustangs Band Camp Underway

in Top Stories by Charles W. Riley II, SurfKY News
July 25, 2014 1327

Business Spotlight - McQuady's Automotive

in Top Stories by Charles W. Riley II, SurfKY News
July 25, 2014 1150

Business Spotlight - Blue Moon Car Wash

in Top Stories by Charles W. Riley II, SurfKY News

SurfKY News Group, Inc. Central Office & Printing Division
1125 Nebo Rd.  •  Madisonville, KY 42431  •  270.452.2249 (fax)
Main Number: 270.452.2727 (phone)  •  Printing Division Direct Line: 270.821.8600 (phone)

SurfKY Owensboro News Bureau
920 Frederica St. / Suite 210  •  Owensboro, KY 42301  •  270.683-8060 (phone)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social 06social 21social 22social 04social 03