PDC Recognized with Prestigious Grants

Posted: Jan 31, 2017 11:31:38 AM

In late 2016, PDC was recognized with two prestigious grants.

Two important development grants were awarded to PDC late in 2016.  Connecticut’s Department of Economic and Community Development (“DECD”) awarded a grant of $40,000 in recognition of PDC’s strong growth strategy, solid financial status, and commitment to productivity improvement.  PDC was encouraged to apply for this grant by the state’s Department of Labor, which has business expansion and technology improvement as part of its mission.

The funds were used to purchase advanced CNC machinery, a Haas VF4 milling center, to replace an aging, less efficient CNC system, and to hire 2 new employees: an additional CNC programmer and operator. 

The grant was awarded as part of DECD’s Small Business Express program.

The second grant PDC received was from the Connecticut Center for Advanced Technology (“CCAT.”) As part of its Manufacturing Innovation Voucher Program, a matching grant was awarded to PDC for $50,000. These funds were also used to replace an older CNC system with a second HAAS milling center, with benefits including higher speed, and significantly greater capacity.

The grants were well-timed: PDC has experienced an upsurge in sales since summer. The increased shop capacity made possible with these two systems has been invaluable in meeting production goals, and in enhancing PDC’s competitive position in the international packaging equipment marketplace.
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