In the award ceremony on April 29, 2017, Dr. Jeffrey Graves, President and CEO of MTS Systems stated, “It is an honor to recognize Jim and Bob Lally for their pioneering efforts in creating not only a critical technology for the advancement of engineered systems, but also in turning it into an exceptional business. Today the company designs and manufactures sensors that make industrial machinery more precise and reliable, jet engines more efficient, and help speed the introduction of new vehicles that are safer, cleaner and more fuel efficient than ever before.”
Dr. Graves continued, “Michigan Tech’s Dynamic Systems Laboratory, was selected for this award based upon the outstanding research they have done for decades with PCB in the application of advanced sensor technology. The merger of PCB and MTS, who has had a similar strong relationship with Michigan Tech, creates an opportunity to support not only continued leading-edge research, but also the training of engineering students for future roles in U.S. industry. We are confident that the support will make an impact for many years to come.”
In receiving the endowment, Glenn Mroz, President of Michigan Tech, stated, “We are very appreciative for the selection of our University, and more specifically the Dynamic Systems Laboratory in our Department of Mechanical Engineering-Engineering Mechanics, to receive this award. We have benefited from our collaborative relationship with PCB for decades, and are grateful for this support that will help ensure it continues for many more to follow. The Lallys are symbolic of the culture of innovation and entrepreneurship that has made our country great, and this endowment will serve as a reminder of this spirit for our students and our faculty.”
About MTS Systems Corporation
MTS Systems Corporation’s testing hardware, software and services solutions help customers accelerate and improve their design, development and manufacturing processes and are used for determining the mechanical behavior of materials, products and structures. MTS’s high-performance sensors provide controls for a variety of applications measuring motion, pressure, position, force and sound. MTS had 3,500 employees as of October 1, 2016 and revenue of $650 million for the fiscal year ended October 1, 2016. Additional information on MTS can be found at www.mts.com.
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SOURCE MTS Systems Corporation