TODAY IS Tuesday September 02nd
Notre Dame announces new turbo research facility
Thursday Jun 26, 2014 10:07am
SOUTH BEND - Some big news in South Bend today. University of Notre Dame announced plans for a turbomachinery research facility there, creating up to 60 new jobs by 2018.
The university will partner with General Electric, and invest $25.2 million to establish the Notre Dame Turbomachinery Facility located in South Bend’s Ignition Park.
The facility is expected to be complete in March of next year. Notre Dame plans to house five test facilities, a machine shop and a supercomputing center at the new facility.
Notre Dame plans to begin hiring engineers and technicians early next year. Also, it will develop a program to train engineers, scientists and technicians in applied research at the facility.
The Indiana Economic Development Corporation (IEDC) offered up to $600,000 in training grants and up to $2,000,000 in infrastructure assistance from the state's Industrial Development Grant Fund.
The city of South Bend also offered funds using revenues generated from the issuance of a tax increment financing (TIF) bond.