MADISON, WI (WTAQ) - The UW-Madison College of Engineering has received a $25 million gift from the Grainger Foundation.
The school said Monday it will create a new engineering institute in Grainger's name, aimed at pursuing new technology to make the U.S. more economically competitive worldwide.
The foundation is headed by David Grainger, who earned a bachelor's degree from the UW in engineering 64 years ago. Among other things, the donation will add 25 new faculty members.
The goal is to attract groups of top quality faculty to define new directions in research.
Engineering college dean Ian Robertson says the first research will deal with manufacturing and materials -- and one of the goals is to help U.S. firms bring new products to the market faster and more economically.
(Story courtesy of Wheeler News Service)