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New HVACR Research, Education Facility Planned at UD
DAYTON -- Emerson Climate Technologies and the University of Dayton announced a partnership today for a $35 million research and education facility for the global heating, ventilation, air conditioning and refrigeration (HVACR) industry.
The new building is planned for the corner of Main and Stewart streets on five acres of University of Dayton property.
MAP: See where the facility will be build
Emerson officials say the project should cost $35 million to $40 million. About $20 million of that will go toward construction.
The project fits in with the university's plan to attract high-tech companies that can spur research, serve as real-world classrooms for students and spark economic development for the Dayton region. UD says that in 2013, GE Aviation opened a $53 million research center nearby.
Emerson's proposed 40,000-square-foot facility, which includes classrooms, will employ 30 to 50 people when fully operational. It's expected to be completed in late 2015.
The center will be a research and training hub to focus on the technology and best practices for the HVACR industry.
"The center will foster an ambitious, collaborative approach to innovation, research and training -- all to create new technologies that address HVACR industry challenges, such as increasing energy efficiency, promoting sustainability and improving system connectivity," a UD statement reads.
Ed Purvis, executive vice president of Emerson Climate Technologies said the goal is to create the world's premier HVACR research-and-development facility where creativity and open-mindedness are encouraged.
"This facility fills a real and critical need for the HVACR industry today," Purvis said. "Nowhere else will you find a similar facility where academic researchers and industry participants can come together under one roof to dialogue and develop and test technology solutions through various real-world applications.
Emerson Climate Technologies' global headquarters is in nearby Sidney.
Construction of the new facility is tentatively scheduled to begin in October.
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