Institute of Paper Chemistry Foundation Announces Major Grant
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The Institute of Paper Chemistry Foundation, Atlanta, Ga., USA, this week announced that it has selected The Institute of Paper Science and Technology (IPST) at the Georgia Institute of Technology to receive a $1.8 million Legacy Grant. The award will support development of a professional master's degree in manufacturing leadership—forest bioproducts. It will also provide significant support for other elements of Georgia Tech's graduate education program in paper science and engineering, and forest biomaterials.
"Georgia Tech's proposal met our request for ideas that could create a lasting legacy for the Institute of Paper Chemistry educational mission," said Dr Jim Ferris of the Foundation Board of Trustees. "We were particularly attracted by the opportunity to enhance career growth opportunities for working professionals at paper industry manufacturing sites."
IPST Director Norman Marsolan added that "we are very pleased and encouraged by this gift. The concept of the proposed degree springs from the future leadership needs expressed by the paper industry. We look forward to working with the Foundation, the industry, and key departments within Georgia Tech to realize the potential this grant presents."
Transfer of the total award is contingent upon satisfactory progress against milestones to be developed soon. It is anticipated that the transfer will be completed in 2014.
The Institute of Paper Chemistry (IPC) was founded in 1929 at Lawrence University in Appleton, Wis., to conduct research, develop leaders, and provide a library of pulp and paper technology. In 1989, IPC moved to the campus of Georgia Tech, where it operated as the Institute of Paper Science and Technology (IPST), a private graduate school, until merging its programs into Georgia Tech in 2003. The Institute of Paper Chemistry Foundation (IPCF) was created as the successor-in-interest to the private IPST in 2004. The Legacy Grant is designed to disburse the residual funds of the IPCF for the benefit of the paper industry, which funded IPC and hired its graduates for 75 years.
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