The Manufacturing Advocacy & Growth Network (MAGNET
) has partnered with the Northeast Ohio Technology Coalition (NorTech
to receive a $285,000 federal contract for a pilot project focusing on
the advanced energy value chain. The contract comes from the National
Institutes of Standards and Technology's Manufacturing Extension Program
MAGNET and NorTech will work together to coach and train a group of
regional manufacturing companies to stimulate and support manufacturing
innovation, technology acceleration, supply chain development and
continuous improvement and efficiency. Specifically, the one-year pilot
project will target small-to-mid-sized manufacturers in the areas of
biomass/waste-to-energy and electric vehicles.
Ohio currently ranks third in the country in terms of manufacturing
production output and manufacturing employment. The MEP project is a
chance for this region of Ohio to further assist manufacturers in
meeting the demands of an ever-evolving marketplace, according to
Rebecca O. Bagley, president and CEO of NorTech.
"Our goal is to establish Northeast Ohio as a regional model for helping
manufacturers transition from slow-growth markets to new, high-demand
markets with stronger growth potential in emerging technology sectors,
such as advanced energy," she says. "Working with MAGNET, we can help
our region's manufacturers leverage their existing strengths and
diversify their business to capture more global market opportunities."
Should the initial year of the MEP project be successful, there is an opportunity of funding for a second year.
WRITER: Diane DiPiero