Illinois is creating an organization to help manufacturers raise their productivity and profitability. The Illinois Manufacturing Lab will start by working with 10 companies to help them improve their processes. The lab is getting $5 million from the state and $5 million from the University of Illinois, and will operate under the auspices of UI LABS, and independent offshoot of the U. of I.
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“By tackling vast problems with leading partners in academia, industry and government, UI LABS will prove to be an engine for innovation and prosperity in a variety of fields such as manufacturing, health care, transportation, food, agriculture and others,” UI LABS Chairman Warren Holtsberg said as the Illinois Manufacturing Lab was announced today at Gold Eagle, a factory in Chicago that makes fluids for the automotive industry. Holtsberg says companies these days are reducing internal research and development, so they need this help.
The initial companies to work with the Illinois Manufacturing Lab: