FRONTLINE - College of Engineering - North Carolina State University

Progress Energy invests $1.2 million
in College of Engineering
The College of Engineering at North Carolina State University
has received $1.2 million from Progress Energy to support
initiatives within the College. The gift was announced at the
Engineering Building II dedication ceremony April 28, 2006.
“At NC State, we take great pride in building relationships and
partnerships across a broad spectrum of North Carolinians,
including the business community,” said Chancellor James L.
Oblinger. “Progress Energy’s continuing support of NC State
reflects a shared commitment to support for the state’s eco-
nomic 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 NC State
Achieve! campaign. Progress Energy is a Fortune 250 diversi-
fied energy company with more than 24,500 megawatts of
generation capacity and approximately 3 million customers
in the Carolinas and Florida.
“Progress Energy is proud to support North Carolina State
University’s College of Engineering with this gift,” said Bob
McGehee, chairman and CEO of Progress Energy. “NC State
is educating the employees of tomorrow who will
develop new technologies and environmental inno-
vations to power the future. It is important
we make investments today that will educate
and grow the future workforce.”
Chancellor Oblinger (left) and
Dr. Nino Masnari (far right),
accept a check for $1.2 million
from Progress Energy representatives
Robert McGehee
and Fred Day. The funds will
support three endowments
in the College of Engineering.
(Photo: Becky Kirkland)
“Progress Energy is a long-standing and valued corporate
partner of the College of Engineering and NC State with a
strong recruitment relationship and a focus on the areas of
research and K-12 engineering outreach,” said Ben Hughes,
executive director of the NC State Engineering Foundation.
Progress Energy has demonstrated their continued interest
in engineering education at NC State through many decades.
In recognition of the generous support Progress Energy and
their employees have provided to the College of Engineering,
the bridge, terrace and conference rooms in Engineering
Building II will bear Progress Energy’s name. Located on the
third floor of the new Engineering Building II, the Progress
Energy area includes two large conference rooms, a brick
terrace and the bridge that connects the two wings of the
building. �