Local non-profit receives federal grant to help biomed firms increase productivity
The Corporation for Manufacturing Excellence in San Ramon will receive a $125,000 grant from the Department of Commerce, thanks to some help from Congressman Eric Swalwell (D-Dublin).
The Commerce Department grant will help Manex continue its work with East Bay biotech manufacturing companies to increase productivity, quality and profitability. Companies that invest one dollar into projects recommended by Manex historically realize a savings of six dollars on average.
Manex is part of the East Bay Biomedical Manufacturing Network, which is receiving a three-year $2.2 million grant focused on biomedical manufacturing in the region.
“We are proud to a be a part of this multi-agency, three-year $2.2 million grant to build and enhance biomedical manufacturing in the East Bay,” said Gene Russell, president and CEO of Manex Consulting.
Manex is a private nonprofit corporation, established in 1995 to provide growth services to small and mid-size manufacturers in Northern California. It operates through an agreement with the National Institute of Standards and Technology partnership under the Department of Commerce.
“Manufacturing is a bright spot in our economy, and Manex plays an important role helping East Bay manufacturers reduce costs, increase revenue and develop a strong workforce, creating more jobs here at home even in a competitive global environment,” Swalwell said. “I congratulate Manex on receiving this federal grant, which represents an investment in the future of our country. When more companies make their products in America, our middle class is stronger and our economy benefits.”