Advanced Energy Announces Partnership with Front Range Community College to Create New Center for Integrated Manufacturing in...
December 12 2018 - 8:00AM
Business Wire
Lab Development Funding Provided to Support the Much-Needed
Addition of Industry Professionals to the Local Workforce
Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global
leader in highly engineered, precision power conversion,
measurement, and control solutions, and Front Range Community
College (FRCC), Colorado’s largest community college, today
announced a partnership to help fund the college’s new Center for
Integrated Manufacturing (CIM).
AE will invest $200,000 in cash and equipment to fund the
creation of the Advanced Energy Electronics Lab at the CIM. The
27,000-square-foot CIM facility will offer students a
state-of-the-art lab and classroom facilities to enhance their
learning experience, allowing them to gain a hands-on career
understanding prior to entering the workforce full-time. In
addition to this donation, AE will provide students internships,
scholarships and job opportunities.
“There is a shortage of advanced manufacturing professionals in
Colorado’s workforce,” said Andy Dorsey, president of Front Range
Community College. “In partnerships with companies like Advanced
Energy, we can educate skilled workers to help the state economy
thrive.”
Around 6,000 manufacturers currently operate in Colorado,
employing 5.5 percent of the state's workforce. These companies
also account for 93 percent of the state’s exports and 7.3 percent
of the state’s Gross Domestic Product.
“Front Range Community College is committed to manufacturing and
engineering technology,” said U.S. Senator Michael Bennet of
Colorado, who visited manufacturer Hirsh Precision Products in
Niwot with FRCC officials earlier this year. “Colorado is leading
the way in encouraging high-quality career and technical education
programs to train the next generation of workers for success in the
21st century.”
“I’m thrilled Advanced Energy is partnering with Front Range
Community College to create the new high-tech Center for Integrated
Manufacturing,” said U.S. Senator Cory Gardner of Colorado. “This
partnership will provide the skills necessary to build a
world-class manufacturing workforce right here in Colorado, and I’m
excited to see the results of this new program. The need for a
skilled workforce is something employers around Colorado talk about
- this addresses the need.”
FRCC has committed $6.2 million to develop the CIM with two
goals in mind:
- Increasing training options for
students interested in pursuing manufacturing careers; and
- Supporting area businesses – and the
local and state economies.
The college plans to start two new programs at the CIM:
- Electronics Engineering Technology;
and
- Automation and Engineering
Technology.
These programs will join the existing Optics Technology and
Precision Machining programs currently located at FRCC’s Boulder
County campus.
AE’s investment in the lab is a significant stride towards
creating the CIM. The college is raising $2 million to fully fund
the new $8 million facility.
“We are proud to support Front Range Community College in its
efforts in developing much needed technical talent through
exceptional curriculum, as well as in improving the economic
outlook of Colorado,” said John Williams, vice president, global
services at Advanced Energy. “Supporting our state’s schools is an
important commitment for Advanced Energy, and our investment in the
CIM further demonstrates our continued support of the Colorado
Front Range.”
The CIM is slated to open in August 2019. To learn more, please
visit the center’s website.
About Advanced Energy
Advanced Energy (Nasdaq: AEIS) is a global leader in the design
and manufacturing of highly engineered, precision power conversion,
measurement and control solutions for mission-critical applications
and processes. AE’s power solutions enable customer innovation in
complex semiconductor and industrial manufacturing applications.
With engineering know-how and responsive service and support around
the globe, the company builds collaborative partnerships to meet
technology advances, propel growth for its customers and innovate
the future of power. Advanced Energy has devoted more than three
decades to perfecting power for its global customers and is
headquartered in Fort Collins, Colorado, USA. For more information,
visit www.advancedenergy.com.
Advanced Energy | Precision. Power. Performance.
About Front Range Community College
FRCC offers more than 100 degree and certificate programs from
locations in Boulder County, Larimer County, Westminster, Brighton,
and online. FRCC is a member of the Colorado Community College
System.
About the Colorado Community College System
The Colorado Community College System (CCCS) is the state’s
largest system of higher education, serving 138,000 students
annually at 13 colleges and 39 locations across Colorado. Our open
access mission ensures all Coloradans who aspire to enrich their
lives have access to quality higher education opportunities.
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version on businesswire.com: https://www.businesswire.com/news/home/20181212005183/en/
Priya Dua / Lora WilsonGlobal Results Communications for
Advanced Energy Industries, Inc.aei@globalresultspr.com+1
949.306.0276
Jessica PetersonPR Director, Front Range Community
CollegeJessica.peterson@frontrange.edu+1 303.404.5133
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