Vincennes, Hurco Deal Will Battle Skills Gap

Vincennes University President Dick Helton says a new partnership with Indianapolis-based Hurco Companies Inc. (Nasdaq: HURC) is a “win-win-win” for the school, its students and the employer. In a deal being announced this afternoon, the industrial technology company will provide lab equipment for Vincennes students. Helton says technology “will only increase” over the next several years, making such partnerships critical for the school and companies that need properly-trained workers. September 6, 2013

News ReleaseVincennes University and Hurco partnership to strengthen manufacturing education

Event date:

Monday, Sept. 9, 2013

Vincennes University President Dick Helton and the President of Hurco Companies, Inc., Gregory S. Volovic, will announce a partnership that will help close the skills gap in manufacturing and increase awareness of the many benefits a career in manufacturing provides, with special focus on the technological aspect of precision machining education.

Indiana manufacturers need skilled employees now – and more will be needed in the future.

* Indiana ranks #1 in the nation for the percentage of the population employed by the manufacturing sector (16.7%).[a]

* Indiana ranks #2 in the nation for the percentage of gross state product attributed to the manufacturing sector (26.7%).[a]

* The average starting salary for Vincennes University Precision Machining graduates is in the $40,000 to $50,000 range.[b]

[a] Source: National Association of Manufacturers

[b] Source: Vincennes University

Source: Vincennes University