Florida Institute of Technology will use a $1.4 million grant from the U.S. Economic Development Administration to launch the Center for Advanced Manufacturing and Innovative Design, a 100,000-square-foot facility in the former Intersil building in Palm Bay that will advance the capabilities of U.S. companies in next-generation manufacturing methods while ensuring students are exposed to technology and ideas that will influence the global manufacturing marketplace for years to come.
Commerce Secretary Penny Pritzker recognized the importance of this endeavor, saying in announcing the grant that the facility “will help ensure that American manufacturing continues to thrive.”
CAMID will be overseen by Dr. Michael Grieves, whose long executive career in technology has included both Fortune 500 companies and numerous start-ups.
