Wednesday February 26, 2014 0 commentsDENVER - President Barack Obama on Tuesday announced the state of Colorado and the Colorado Office of Economic Development and International Trade (OEDIT) will receive funding from the Department of Defense's Institutes for Manufacturing Innovation.
OEDIT is partnering with the Colorado School of Mines and the University of Colorado-Boulder on programs that support innovation and collaboration in the state's advanced manufacturing industries.
Specifically, OEDIT said it is partnering with Mines on the Lightweight Modern Metals Manufacturing Institute and with CU-Boulder for the Digital Manufacturing and Design Institute.
"These new advanced manufacturing sites will leverage our existing efforts in innovation and technology such as the Colorado Innovation Network and the Advanced Industries Accelerator Act to put Colorado at the forefront of advanced manufacturing,' said Ken Lund, OEDIT director.
"These technology hubs will help small and medium-sized businesses to increase productivity, develop new products, strengthen the state's supply chain, grow exports and build a trained workforce."
Mines will serve as one of four core facilities in the newly formed American Lightweight Materials Manufacturing Institute for its project, which aims to expand the market for consumers of products and systems to utilize new, lightweight, high-performing metals and alloys by removing technological barriers in manufacturing, OEDIT said.
Mines will develop thermomechanical process improvements and technologies, which will have broad application to Colorado's key industries such as military and defense, aerospace, energy and natural resources, advanced manufacturing, infrastructure engineering and transportation and logistics.
CU-Boulder and OEDIT will partner in the UI Labs/Digital Manufacturing Lab proposal for its project based in Chicago. CU-Boulder will establish a research center on cyber physical systems to enable a radical new way to manufacture products through the synthesis of embedded sensing, data analytics, numerical simulation and control, OEDIT said.
OEDIT will provide $1 million each year for the next five years toward each of the institutes, which will be matched at least one-to-one by the federal government.
The tech hubs will provide access for Colorado businesses to the expertise and technologies of each institute and help educate and train institutions statewide to prepare a next-generation advanced manufacturing workforce, OEDIT said.