IDEA Center Company Lands Investment

Posted: Updated:
(photo courtesy University of Notre Dame) (photo courtesy University of Notre Dame)
SOUTH BEND -

Trion Coatings LLC, based at the University of Notre Dame's IDEA Center, has landed an investment from North Carolina-based Nucor Corp. The company has developed an environmentally-friendly chrome plating process in partnership with Notre Dame faculty.

The investment gives Nucor a minority equity position in Trion's parent company. Nucor will work with Trion to commercialize the technology by building a commercial facility for the process at its St. Joe, Indiana operation. The North Carolina company will hold exclusive worldwide license agreement rights for the technology.

The company says its process results in faster electroplating speeds, more wear resistance and higher performance results than the traditional method. It says its chrome plating process will also have a market advantage as environmental regulations become more stringent.

The IDEA Center has launched nearly 30 startups in its first year of operation. Associate Provost and Innovation Vice President Bryan Ritchie will be a guest this weekend on Inside INdiana Business With Gerry Dick.

  • Perspectives

    • Roth IRA: Jump Start Your Child’s Retirement Fund

      Do you have a high school- or college-age child in your life? Knowing what you know now, I bet you’d like to give that special person a head start on retirement savings. Right? The good news is, if your child worked in 2018, you might be able to do just that. Here’s how! Can My Child Start an IRA? If your high school or college student had a summer job or other part-time employment during 2018 he/she is eligible to contribute to an IRA. For 2018, that amount is $5,500 or...
    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Chamber Unveils 'Best Places to Work'

      The Indiana Chamber of Commerce has released its list of the Best Places to Work in Indiana. This year's list features 125 companies throughout the state, including more than 40 that were not on the list last year. The chamber will unveil company rankings April 30 at an awards dinner at the Indiana Convention Center in downtown Indianapolis. Winners are sorted into four categories based on size. Out-of-state parent companies must have at least 15 full-time employees in Indiana to...

    • Roth IRA: Jump Start Your Child’s Retirement Fund

      Do you have a high school- or college-age child in your life? Knowing what you know now, I bet you’d like to give that special person a head start on retirement savings. Right? The good news is, if your child worked in 2018, you might be able to do just that. Here’s how! Can My Child Start an IRA? If your high school or college student had a summer job or other part-time employment during 2018 he/she is eligible to contribute to an IRA. For 2018, that amount is $5,500 or...
    • Indiana Dunes Becomes National Park

      The new appropriations bill signed by President Donald Trump includes a major designation for one of Indiana's most popular attractions. The bill includes a provision that officially turns the Indiana Dunes National Lakeshore into the state's first national park. The area in Porter County is now known as Indiana Dunes National Park.

    • Coal Mine Closing in Boonville

      White Stallion Energy LLC in Evansville has announced plans to close its Warrick County coal mining operation. In a notice to the state, the company says the surface mine operations at Liberty Mine in Boonville will shut down this spring, affecting more than 80 employees.

    • Hate Crimes Bill Clears Committee

      An effort to pass hate crimes legislation in Indiana has taken a step forward. The Indiana Senate Public Policy Committee today voted 9-1 to move a bill allowing for stronger sentences for bias-based crimes to the full Senate. Supporters argued the measure would provide protections for Hoosiers throughout the state and make Indiana more attractive to businesses and talent, while some critics suggested the bill could limit free expression and that current law already provides.,..