Industrial Science and Technology Network is one of 58 recent recipients of stimulus money. A company in York specializing in nanotechnology is to get more than $2 million in stimulus money to develop energy-efficient building technologies, according to a news release from Sen. Bob Casey and Sen. Arlen Specter.
Industrial Science and Technology Network has been awarded the money in a recent round of funding from the American Recovery and Reinvestment Act.
The act is the federal stimulus bill passed about a year and a half ago to help jumpstart the economy.
The purpose of the act has been to help grow jobs and in many cases give a leg up for industries of the future, including green industries.
The funding award comes from the federal Department of Energy.
The Energy Efficient Building Technologies Program funds research and technology development to reduce energy use in residential and commercial buildings.
Industrial Science and Technology Network, 2101 Pennsylvania Ave, specializes in using nanotechnology for industrial products, opto-electronics and biotechnology, according to the company’s Web site.
The $2 million is to be used for a project to improve energy efficiency for window and envelope components, according to the news release.