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January 5th, 2011
Micro Technology Center closing
Abstract:
The Bennington Micro Technology Center is shuttering its doors after failing to meet lofty expectations laid out at its onset seven years ago.
The center on Water Street was created in 2003 with great fanfare -- and state and federal funding -- to manufacture micro devices at low-volume. U.S. Sen. Patrick Leahy, D-Vermont, helped secure a $3.5 million contract with the Navy. The hope for the center, which partnered with the Rensselaer Polytechnic Institute in Troy, N.Y., was that companies would turn to BMC to have concepts put into working prototypes. At the time, officials predicted strong job growth from industries sprouting up around the center.
But the plan never fully developed, and the center employed about seven people at its height.
Source:
benningtonbanner.com
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