Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Ivy Tech Community College will use $600,000 from the Gibson County Redevelopment Commission to expand programming at its instructional center in Princeton. The school says the funding will allow for new training and degree opportunities in fields including industrial maintenance and robotics.

July 10, 2014

News Release

Evansville, Ind. — The Gibson County Redevelopment Commission has awarded Ivy Tech Community College $600,000 in TIF District funds for the expansion of programming at the Ivy Tech Princeton Instructional Center.

Ivy Tech plans to utilize the funds to expand training and degree opportunities, including training in high-demand fields such as industrial maintenance, manufacturing, and robotics. The funds will also allow Ivy Tech to use available space at the Princeton Instructional Center to construct a state-of-the-art welding lab. The welding lab will be used for credit coursework, leading to certification and degree completion, along with continuing education, and industry recognized certification testing.

The Princeton Instructional Center opened in 2008, and Ivy Tech has invested more than $1.8 million dollars in the site. The TIF District funds will be distributed to Ivy Tech over a five-year period, beginning with a $200,000 installment in 2014. Construction on the new welding lab will begin this fall, with a planned completion date of January 2015.

Currently, the degree completion rate in Gibson County is 28.22%, which is lower than the state average of 33.00%. The additional courses and workforce training options at the Princeton Center will help increase degree attainment in Gibson County as well as meet the employment needs of current and future employers.

“With this partnership, we believe there is great potential to not only enhance the skills of Gibson County residents, but to also better meet the workforce needs of Gibson County employers,” said Ivy Tech Chancellor, Jonathan Weinzapfel.

Ivy Tech Community College is the state's largest public postsecondary institution and the nation's largest singly accredited statewide community college system serving nearly 200,000 students annually. Ivy Tech has campuses throughout Indiana. It serves as the state's engine of workforce development, offering affordable degree programs and training that are aligned with the needs of its community along with courses and programs that transfer to other colleges and universities in Indiana. It is accredited by the Higher Learning Commission and a member of the North Central Association.

Source: Ivy Tech Community College

Story Continues Below

Get the best of Indiana business news. ONLY $1/week Subscribe Now

One Subscription, Unlimited Access to IBJ and Inside INdiana Business Subscribe Now

One Subscription, Unlimited Access to IBJ and Inside INdiana Business Upgrade Now

One Subscription, Unlmited Access to IBJ and Inside INdiana Business Upgrade Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In