Press Release Summary:
As announced by President Obama, public-private manufacturing innovation institute, focused on power electronics, will partner with federal government to strengthen U.S. manufacturing. Next Generation Power Electronics Institute will provide innovation infrastructure needed to support new product and process technologies, education, and training to become global center of excellence for development of wide bandgap semiconductor devices and industry-relevant processes.
Original Press Release:
NEMA Congratulates Winning Team in Public-Private Consortium Seeking to Strengthen U.S. Manufacturing
ROSSLYN, Va.â€”President Obama announced a public-private manufacturing innovation institute that will partner with the federal government to strengthen U.S. manufacturing, and will be focused on power electronics. Known as the Next Generation Power Electronics Institute, it will provide the innovation infrastructure needed to support new product and process technologies, education, and training to become a global center of excellence for the development of wide bandgap semiconductor devices and industry-relevant processes. Supported by the Department of Energy (DOE), the instituteâ€™s headquarters will be located on North Carolina State Universityâ€™s Centennial campus.
The North Carolina headquartered consortium of 18 companies and 6 universities include the following NEMA members: ABB, Cree, Delta Products, Toshiba International, and Vacon. The latter company was the site of the presidentâ€™s announcement of this new initiative.
DOE will award $70 million over five years, matched by at least $70 million in non-federal commitments by the winning team of businesses and universities, along with the state of North Carolina.
NEMA and its more than 400 member companies are committed to working with the administration to increase the nationâ€™s energy efficiency through improvements in residential and industrial energy efficiency, high performance buildings, Smart Grid technologies, and intelligent transportation systems.
NEMA is the association of electrical equipment and medical imaging manufacturers, founded in 1926 and headquartered in Rosslyn, Virginia. Its 400-plus member companies manufacture a diverse set of products including power transmission and distribution equipment, lighting systems, factory automation and control systems, and medical diagnostic imaging systems. Total U.S. shipments for electroindustry products exceed $100 billion annually.
National Electrical Manufacturers Association
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