Organization: Omega Tool Corp

Precan-auto parts program makes first project awards

A new collaborative fund from Precarn Inc and the Automotive Parts Manufacturers Association (APMA) has resulted in the first three awards for R&D projects designed to generate prototype development for the auto parts industry. Precarn is contributing $1.5 million through the Collaborative Auto R&D Program for projects worth $3.5 million. Matching funds are provided by…