Newspaper article St Louis Post-Dispatch (MO)

Ranken Gets $2.35 Million Federal Grant to Open Manufacturing Incubator

Newspaper article St Louis Post-Dispatch (MO)

Ranken Gets $2.35 Million Federal Grant to Open Manufacturing Incubator

Article excerpt

Ranken Technical College has been awarded a $2.35 million federal grant to establish an incubator facility at its north St. Louis campus, the Commerce Department announced Monday.

The incubator facility will support the region's manufacturing sector by providing pre-apprentice and apprenticeship workforce training, and encouraging entrepreneurial startups.

Ranken estimated, when fully operational, the center will support 100 student workers who will generate $4 million annually in products and services for local businesses as part of the integrated work-based learning model.

"Reviving our manufacturing sector and ensuring that our workers have the skills they need to compete globally are key focuses of the Trump Administration," Commerce Secretary Wilbur Ross said in a statement. …

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