General Electric to Give Penn State $10 Million For Drilling Center
Another big-money company just struck a deal with Penn State, but this one won’t be appearing on the Beaver Stadium scoreboards.
General Electric has announced that it will donate up to $10 million to the university over the course of the next five years to create the “Center for Collaborative Research on Intelligent Natural Gas Supply Systems at Penn State.”
The new center will include a partnership between the faculty of the Smeal College of Business, the College of Earth and Mineral Sciences, the College of Engineering, and the College of Information Sciences and Technology. The Center for Supply Chain Research and the Institute for Natural Gas Research will also work with the new center, researching ways to make the industry more efficient and to provide technological innovations within the industry.
GE will have engineers in residence at the center, who will work with faculty and students on center-aligned research projects and outreach programs. Currently, Penn State’s Marcellus Center for Outreach and Research performs some of these duties. The center will join the Bank of America Career Services Building as one of the only corporate-sponsored programs at the university.
There’s no doubting Marcellus Shale’s impact on Pennsylvania for better or worse — but the new center will hopefully continue to improve Penn State’s expertise in the industry and dominance of the state.