NC State to lead Obama’s manufacturing innovation institute
North Carolina State University will lead a group of six universities and 18 private-sector companies in a new manufacturing innovation institute that President Barack Obama will announce during his Wednesday visit to the Triangle.
The “Next Generation Power Electronics Innovation Institute” will help companies and universities invest in manufacturing technology and develop next-generation power electronics. It’s the first of three such hubs that Obama called for in his State of the Union address last year.
“N.C. State couldn’t be more proud to have been selected to lead this new institute, which truly embodies everything our university stands for,” Chancellor Randy Woodson said in a statement. “The institute holds the potential to create high-paying domestic jobs, educate the next generation of technicians and engineers, reduce our nation’s energy needs and climate footprint and empower partners to remain at the forefront of this game-changing industry.”
