Progress Energy supports Engineering
with gift totalling $1.2 million

The College of Engineering has received $1.2 million from Progress Energy to support initiatives within the college.

“At NC State, we take great pride in building relationships and partnerships across a broad spectrum of North Carolinians, including the business community,” Chancellor James Oblinger said. “Progress Energy’s continuing support of NC State reflects a shared commitment of support for the state’s economic development and the value of higher education. We appreciate Progress Energy’s partnership and confidence in NC State.”

Part of Achieve! The Campaign for NC State, the gift is the largest given by Progress Energy to the college and will support three endowments. Two of the endowments will be dedicated to professorships, a top priority of the Achieve! campaign. Progress Energy is a Fortune 250 diversified energy company with approximately three million customers in the Carolinas and Florida.

“The College of Engineering is honored to receive such a generous gift from Progress Energy,” said Dr. Nino A. Masnari, dean of the College of Engineering. “We are grateful for their many decades of support and their continued interest in engineering education at NC State. This gift will benefit the university and its students for years to come.”

Posted May 19, 2006

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