$440 Million In-kind Grant Brings State-of-the-art Software and Training to YSU STEM

On May 30th, 2013, Siemens Corporation announced a donation of a $440 million in-kind grant to YSU and the College of Science, Technology, Engineering, and Mathematics. This grant goes to further the advancement of YSU STEM and the community in the additive manufacturing world.

“It’s really a great day to be a dean of a STEM College. It is a really great day to be here at YSU, but this is really a great day for YSU students,” says Dean Martin Abraham of the STEM College, “because really it’s the students that ultimately are going to gain the greatest benefit from this.”

Siemens Corporation is United States subsidiary of Siemens AG, a global leader in electronics and electrical engineering. The company operates in several markets, including industry, energy, healthcare, and additive manufacturing. The $440 million in-kind grant will provide YSU students with Productive Lifecycle Management software and training. This PLM software is used by the nation’s leading companies.

“These are the companies that are now going to be coming to YSU,” Dean Abraham said, “recruiting our students, looking for them, and putting them to work.”

In addition to this grant making YSU students leaders in the future workforce, it also is helping the rebirth of manufacturing in the Youngstown area. Many people and companies are excited about additive manufacturing revitalizing the area, including NAMII and Siemens Corp. President Eric Speigel.

Youngstown State University College of Science, Technology, Engineering, and Mathematics is the first and only STEM College in Ohio. Dean Abraham also said that with the Siemens in-kind grant, YSU STEM can provide the same opportunities that they can only get at leading engineering research institutions.

If you missed it, watch the press conference here.