February 2016, Vol. 71 No. 2

Business

Bobcat, Doosan and NDSU Dedicate New STEM Classroom, Lab Building

Bobcat Company and Doosan joined North Dakota State University (NDSU) to dedicate its new STEM Classroom and Lab Building, which will support studies in science, technology, engineering and math (STEM).

The cross-functional design of the facility — which officially opened to students in January — breaks from the tradition of an academic building belonging to a particular discipline or department. It is a student-focused structure made up entirely of classrooms, labs and study areas, with an emphasis on STEM courses. It is also the first building of its kind at in North Dakota – designed for flexibility, interdisciplinary collaboration and teaching innovation.

In September 2015, Doosan, Bobcat Company and NDSU announced the 2015 academic year scholarship recipients benefiting from an endowment funded by a $3 million donation from Doosan and Bobcat Company and $1.5 million from the state of North Dakota. The initial scholarship distribution awarded $2,000 to 10 students. When fully funded, the endowment will distribute approximately $180,000 in scholarships per year in perpetuity, benefiting countless students and their families.

Doosan and Bobcat Company began a research partnership with NDSU in 2005, becoming the anchor tenant at the NDSU Technology Incubator, part of the NDSU Research and Technology Park. Through the partnership, Bobcat established engineering and product testing facilities that include 15,000 square feet of floor space for up to 50 Bobcat employees, a working technology lab and an indoor machine testing area.

The partnership expanded in 2013 with a one-time $400,000 donation from Doosan and Bobcat Company, and $200,000 in additional grants through North Dakota’s Centers of Excellence. The program paired research and development hubs across the state’s university and college campuses with private companies, in an effort to stimulate greater economic growth.

Doosan and Bobcat Company have expanded their STEM education support at all levels — elementary, middle school, high school and college — through in-class participation, production facility tours and field trips, grants, and other scholarship programs. www.bobcat.com, www.doosanequipment.com.

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