Welcome to the Business Journal Archives
Search for articles below, or continue to the all new BusinessJournalDaily.com now.
Siemens Donates $66.8M in Software to Cincinnati State
CINCINNATI -- Siemens Corp. today announced a $66.8 million in-kind software grant to Cincinnati State Technical and Community College.
Students there will now have access to the same Siemens’ product lifecycle management (PLM) software used throughout the global manufacturing industry to design, develop and manufacture some of the world’s most sophisticated products in a variety of industries, including automotive, aerospace, biotechnology, machinery, shipbuilding, and high-tech electronics.
In May Siemens announced a similar in-kind grant to Youngstown State University. The value of the company’s product lifecycle management system being used at YSU is $440 million (READ STORY).
“The manufacturing industry in America is on the rise and it is being transformed by a software revolution that is enhancing productivity, increasing efficiency and speeding time to market,” said Chuck Grindstaff, president and CEO of Siemens PLM Software, in announcing today’s grant.
The announcement took place at Siemens Norwood plant and was made in conjunction with a half-day event conducted by Atlantic Magazine, “Building the Future: Manufacturing’s Software Revolution.”
“This revolution requires a highly trained workforce,” said Grindstaff. “With this grant, Cincinnati State Technical and Community College will be able to integrate world-class PLM technology into its curriculum, so that its students are even better prepared for co-op assignments and for high quality manufacturing jobs.”
Siemens’ software will be used in Cincinnati State’s Center for Innovative Technologies to support its mechanical engineering and industrial design technologies programs, as well as other programs in the college. Computer labs on the Clifton campus will be outfitted with Siemens software to support computer-aided design (CAD) courses. Students and faculty will use the software in assignments and research related to mechanical engineering, industrial design and manufacturing management.
“Manufacturing is the most sophisticated, forward-looking and innovative business function in the world today and we need to let students, parents and administrators know what these jobs look like and what students need to learn in order to get them,” said Eric Spiegel, president and CEO, Siemens Corp. “This partnership can serve as an economic catalyst for the region.”
Siemens’ Norwood facility, built in 1898, is one of the oldest manufacturing sites in the world. It is now a “Global Motor” research and technology center where electric motors are designed, built and shipped worldwide for use by chemical, pulp & paper, power generation, cement, water/wastewater, metals, mining, oil & gas and transportation industries.
In recent years Siemens has invested more than $40 million in the plant, which employs 500 workers.
Published by The Business Journal, Youngstown, Ohio.
CLICK HERE to subscribe to our free daily email headlines and to our twice-monthly print edition.