Regional Industrial Development Corporation

RIDC’s Mill 19 continues to attract visitors from around the country and around the world. A group of international visitors from the National Defense University recently toured the building as part of their program on US regional economies.

RIDC’s Mill 19 hosted National Economic Council Director Lael Brainard for a roundtable discussion on the region's economy, including RIDC President Donald Smith. Pictured here are Allegheny Conference on Community Development President Stefani Pashman, PNC CEO William Demchak, Dr. Brainard, and CMU VP for Research Theresa Mayer.

Lael Brainard, Director of the National Economic Council, led a roundtable discussion on the region’s economy today at RIDC’s Mill 19. She and PNC CEO William Demchak joined RIDC President Donald Smith and Senior VP Timothy White for a tour of the property.

Strategic investment in New Kensington Advanced Manufacturing Park. Westmoreland County Industrial Development Corporation Pennsylvania Department of Community & Economic Development https://lnkd.in/eHqXb4wh

“This is a strategic location for economic development in our region," said Timothy White, RIDC Senior Vice President. "These funds will enable us to move forward with the capital improvements necessary to make the park more desirable to the kind of job creating businesses we are working to attract.” https://lnkd.in/dcv2RTdQ

BRUSH Group has signed a five-year extension of its lease for 76,767 square-feet of space in the Keystone Commons’s West Shop. The company has been a tenant at Keystone Commons since 2005 and uses the location as a service/repair center for large scale generators and electrical equipment. The lease extension will run through 2029. #crepgh Press Release: https://lnkd.in/eA7XYDbK

Hillis-Carnes Engineering Associates has signed a 52-month lease for 5,068 square feet at 534-536 Alpha Drive in RIDC O’Hara Industrial Park. The company is expected to move into the space August 1, 2024. #crepgh Press Release: https://lnkd.in/e4rbwszG

🤖 Carnegie Mellon Achieves Robotics Innovation Center Milestone 🎉 CMU celebrated a major milestone for the Robotics Innovation Center (RIC) in Pittsburgh’s Hazelwood Green with a topping-off ceremony. Attendees, including Carnegie Mellon University President Farnam Jahanian, signed one of the final structural beams, marking the progress. Set to complete in 2025, the RIC will add 150,000 sq. ft. of research space, including a 50,000 sq. ft. indoor robot test facility, open-layout wet lab, and a 1.5-acre outdoor lab with a 6,000 sq. ft. drone cage. This $45 million project, funded by the Richard King Mellon Foundation, aims to boost innovation in robotics and AI. “Innovations generated here at the RIC have the potential to transform the world and its economies,” said Sam Reiman of the Richard King Mellon Foundation. The RIC will also support STEM education and #WorkforceDevelopment in Pittsburgh, with spaces open to the community. It was great to see so many familiar faces at the signing. https://lnkd.in/evUviiDr #Robotics #Innovation #AI #CMU #HazelwoodGreen #ResearchAndDevelopment #STEM #EconomicGrowth #Pittsburgh

Great news for economic development in Southwestern PA. https://lnkd.in/exxwAAiV

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