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Home » Ohio Companies Awarded Technology Grant

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Ohio Companies Awarded Technology Grant

May 19, 2003
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TechSolve (Cincinnati) and Cincinnati Machine (Cincinnati) were awarded an Ohio Tech- nology Action Fund grant for $895,000 to fund the first phase of a 5-year initiative to help establish Ohio as a leader in ultra high-speed machining technology. Not only will the grant fund the first phase of the initiative, but it also will accelerate the commercial use of Cincinnati Machine's HyperMach, an ultra high-speed prototype.

The prototype uses a family of advanced technologies critical to the high-speed machining of parts used in aircraft and automotive parts. TechSolve and Cincinnati Machine expect the effort will accelerate the development and industrial use of HyperMach by four to five years and reduce industry users' trial and error period by four to seven years.

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