{"id":5873,"date":"2020-07-08T14:19:25","date_gmt":"2020-07-08T14:19:25","guid":{"rendered":"https:\/\/www.mpi-systems.com\/?p=5873"},"modified":"2020-07-08T14:19:25","modified_gmt":"2020-07-08T14:19:25","slug":"nystar-awards-grant-to-mpi-for-product-diversification-initiative","status":"publish","type":"post","link":"https:\/\/www.mpi-systems.com\/2020\/nystar-awards-grant-to-mpi-for-product-diversification-initiative\/","title":{"rendered":"NYSTAR Awards Grant to MPI For Product Diversification Initiative"},"content":{"rendered":"

WITH SUPPORT FROM THE MANUFACTURING & TECHNOLOGY <\/strong>ENTERPRISE CENTER<\/strong><\/h2>\n

POUGHKEEPSIE, N.Y. \u2014<\/strong> NYSTAR, Empire State Development\u2019s Division of Science, Technology and Innovation<\/a>, has awarded a $50,000 grant to MPI, Inc. after the company launched a product diversification initiative\u2014a project it completed with support from the Manufacturing & Technology Enterprise Center (MTEC)<\/a>.    <\/p>\n

\u201cThrough this diversification program for New York State manufacturers, NYSTAR<\/a> has helped companies across the state pave new paths to growth,\u201d said NYSTAR<\/a> Executive Director Matt Watson. \u201cMTEC<\/a>\u2019s work with MPI is an outstanding example of how the NY MEP<\/a>\u2019s regional centers help manufacturers in their communities solve potential challenges, increase their competitiveness and create and retain jobs.\u201d<\/p><\/blockquote>\n

MPI<\/a> is the worldwide leader in wax-room and ceramic core injection as well as automated injection and assembly equipment. It worked with MTEC<\/a>, the Hudson Valley\u2019s regional center of the New York Manufacturing Extension Partnership (NY MEP)<\/a>, to implement an accelerated program to introduce a new product that broadens the industry sectors it can serve.<\/p>\n

NYSTAR<\/a> awarded the grant through its defense diversification program, which assists New York State companies with diversifying their product mix and operations to make them more resilient to spending fluctuations within the U.S. Department of Defense.<\/p>\n

A significant share of MPI\u2019s customer base is made up of DOD supply chain manufacturers, or firms that manufacture components for military equipment. The NYSTAR<\/a> grant supported MPI\u2019s development of next-generation product capabilities that provide the high reliability, precision and customization required to meet the needs of the commercial consumer sector.<\/p>\n

\u201cDeveloping new equipment for the commercial consumer market was an opportunity for MPI to achieve new growth and create jobs here in the Hudson Valley,\u201d said Aaron Phipps, vice president of manufacturing and engineering at MPI. \u201cWorking alongside MTEC<\/a> to secure the NYSTAR<\/a> grant helped us accelerate the project and future-proof our business. We\u2019re excited about how our new innovations will drive growth, and we\u2019re grateful to have MTEC<\/a> and NYSTAR<\/a> as partners in our collective efforts to advance our region\u2019s manufacturing industry.\u201d<\/p><\/blockquote>\n

\u201cAs a regional resource for manufacturers, our team at MTEC<\/a> worked closely with MPI to identify the right solutions to foster sustained growth,\u201d said Bob Incerto, MTEC<\/a> director of engineering. \u201cMPI is a leader within its industry\u2014but to remain the leader, you need to stay ahead of your competition. By bringing these new product capabilities to market, MPI will strengthen its industry position and remain an important contributor to the vibrancy of the Hudson Valley\u2019s manufacturing sector.\u201d<\/p><\/blockquote>\n

MPI\u2019s customers have used its systems \u2013 which are designed for the Investment Casting industry \u2013 in the manufacturing of a wide range of products, including defense, aerospace, automotive, medical, commercial and consumer products.<\/p>\n

Because companies that manufacture consumer goods often look for lower-cost solutions for their production processes, MPI focused on developing a flexible machine that provides the benefits of automation while achieving single-piece flow, a key principle for lean manufacturing. Built on MPI\u2019s patented wax welding process, the newly designed machine \u2013 the MPI Model 20-14<\/a> with advanced controls \u2013 performs high-quality precision robotic assemblies. Its automated systems enable rapid job changeovers, and its relative ease-of-use allows MPI to train its customers\u2019 operators in one day.<\/p>\n

Since they began working together, MTEC<\/a> has focused on presenting MPI with opportunities to tap into state and regional programs and funding sources that can contribute to their success. During the diversification project, MTEC<\/a> provided three engineering interns who assisted with product testing and evaluation. The MTEC<\/a> interns, who were all SUNY New Paltz students, performed at such a high level that MPI offered them full-time employment after their internships concluded. MTEC<\/a> also assisted with the search for an experienced engineer to complete the project.<\/p>\n

MTEC<\/a> is one of 10 regional NY MEP<\/a> centers. Administered by NYSTAR<\/a>, the NY MEP<\/a> network works with small and mid-sized manufacturers in every corner of the state to solve problems, improve competitiveness and create jobs. In 2018, the NY MEP<\/a> created and retained 5,351 jobs and achieved $819 million in company cost savings, new client investments and increased sales.<\/p>\n","protected":false},"excerpt":{"rendered":"

WITH SUPPORT FROM THE MANUFACTURING & TECHNOLOGY ENTERPRISE CENTER POUGHKEEPSIE, N.Y. \u2014 NYSTAR, Empire State Development\u2019s Division of Science, Technology and Innovation, has awarded a $50,000 grant to MPI,... (more)<\/a><\/p>\n","protected":false},"author":40,"featured_media":5880,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"ngg_post_thumbnail":0,"footnotes":""},"categories":[2035,1],"tags":[],"yoast_head":"\nNYSTAR Awards Grant To MPI For Product Diversification Initiative<\/title>\n<meta name=\"description\" content=\"NYSTAR, Empire State Development\u2019s Division of Science, Technology and Innovation, has awarded a $50,000 grant to MPI, Inc. after the company launched ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mpi-systems.com\/2020\/nystar-awards-grant-to-mpi-for-product-diversification-initiative\/\" \/>\n<meta property=\"og:locale\" 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