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Community College of Baltimore County, Xometry, Inc. and House Majority Leader Steny H. Hoyer Announce Scholarships To Train Skilled Machinists, Technicians, Engineers

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Xometry (NASDAQ: XMTR) has announced a partnership with the Community College of Baltimore County (CCBC) to provide 57 scholarships for students in manufacturing programs. This initiative aligns with U.S. Representative Steny H. Hoyer's Make It In America agenda, aimed at enhancing the U.S. workforce in advanced technology sectors. Xometry is committed to funding scholarships for nearly 250 students across six states to develop skilled mechanical engineers, technicians, and machinists, supporting crucial industries like aerospace and clean energy.

Positive
  • Xometry funds 57 scholarships for CCBC students, promoting education in manufacturing.
  • Supports a broader commitment to provide scholarships for nearly 250 students across six states.
  • Aligns with the Make It In America initiative to enhance U.S. manufacturing capabilities.
Negative
  • None.
  • Part of Xometry’s Pledge To Provide Scholarships To Nearly 250 Manufacturing Students Across the US
  • Reflects Leader Hoyer’s Make It In America Initiative To Ensure the U.S. Leads World In Developing Advanced Technology And Other Products
  • Supports the industries of tomorrow – aerospace, robotics, autonomous and electric vehicles and clean energy – that are crucial to America’s prominence on the global stage

CATONSVILLE, Md., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Xometry (NASDAQ: XMTR), a global online marketplace connecting enterprise buyers with suppliers of manufacturing services, U.S. Representative and House Majority Leader Steny H. Hoyer (D-MD), and Community College of Baltimore County President Dr. Sandra Kurtinitis today announced an innovative public-private partnership in which Xometry will fund 57 scholarships for CCBC students beginning this fall. 

As part of its broader commitment to supporting small- and medium manufacturers in Maryland and throughout the country, Xometry is providing the scholarships to train the next generation of skilled mechanical engineers, technicians and machinists. The move is an important realization of Rep. Hoyer’s Make It In America initiative, which is designed to ensure the United States continues to lead the world in developing and building advanced technology and other products that drive the global economy.

In addition to CCBC in Maryland, Xometry is funding scholarships for nearly 250 students in five other key manufacturing states – Wisconsin, South Carolina and New York – and will be announcing partnerships with schools in Kentucky and Connecticut shortly. Last year, Xometry, in partnership with Howard University, pledged eight full tuition scholarships over four school years to students enrolled in the Department of Mechanical Engineering at the Howard University College of Engineering and Architecture.

“We are proud that Xometry chose CCBC as one of its educational partners as it moves across the country investing in manufacturing,” said CCBC President Sandra Kurtinitis. “At CCBC, we take pride in preparing 21st century students for 21st century jobs. The scholarships that Xometry provides will help educate a new generation of skilled workers fully prepared to meet Maryland’s and the country’s manufacturing workforce needs.”

Xometry, based in nearby Rockville, MD, helps companies create locally resilient supply chains by providing access to domestic manufacturers, resulting in efficient development and production cycles so goods get to market faster. While the practice of reshoring manufacturing operations to the United States is accelerating, there are growing concerns about the lack of skilled talent to operate ever-increasing sophisticated machinery. In providing the scholarships, Xometry is working to ensure that manufacturers can attract and train employees who will power the industries of tomorrow – aerospace, autonomous and electric vehicles, green energy, sustainable agriculture and robotics – that are crucial to America’s prominence on the global stage.

“As the largest digital marketplace of its kind, we work with thousands of manufacturers across the country. We uniquely understand their imminent needs, and a skilled workforce tops the list,” said Randy Altschuler, CEO of Xometry. “Investing in the next generation of skilled workers is essential to accelerating innovation and protecting our nation’s economic and national-security interests. American manufacturing will lead the way to a cleaner, more inclusive future, but we need the talent to do so.”

“I was glad to join Xometry in announcing a substantial number of scholarships for CCBC students today,” House Majority Leader Hoyer said. “Investing in the next generation of trade workers is a pivotal component of House Democrats’ Make It In America Agenda that I have led in Congress for more than a decade, and I know these scholarships will build on our work to ensure our students have the tools they need to succeed in their future careers.”

Joining Altschuler, CCBC President Dr. Kurtinitis and House Majority Leader Hoyer (D-MD) in making today’s announcement were Adrienne A. Jones, the Speaker of the Maryland House of Delegates; Baltimore County Executive Johnny Olszewski, Jr., Laurence Zuriff, Co-founder of Xometry, and Mike Galiazzo, PhD., President of the Regional Manufacturing Institute of Maryland.

“Manufacturing plays a pivotal role in supporting Maryland’s strong economy. Xometry’s partnership with the Community College of Baltimore County to provide manufacturing scholarships advances the state’s broader goal of supporting technical education and training more workers to compete in a global economy,” said Speaker Adrienne Jones. “This public-private partnership will help keep Maryland competitive, will provide more Marylanders with a great opportunity to grow in the innovation economy and prepare future workers to move into rewarding high-skilled, high-waged technical careers.”

“Skilled manufacturing jobs are an important part of Baltimore County’s future, and these generous scholarships will provide well-deserving students the technical training for high-paying, sustainable careers,” said Baltimore County Executive Johnny Olszewski. “Thank you to Congressman Hoyer for calling attention to the value of manufacturing careers, CCBC for its commitment to building our County’s workforce and Xometry for investing in the people of Baltimore County.”

About the Community College of Baltimore County (www.ccbcmd.edu)
Since 1957, CCBC has opened the doors to accessible, affordable, high-quality education empowering generations of area residents to transform their lives and the lives of others. Each year, nearly 50,000 students enroll at the college’s main campuses, extension centers and online to make their starts, earn degrees, launch and build careers. CCBC offers the region’s most expansive selection of degree, certificate and workplace certification programs that prepare students for transfer, job entry and career advancement in such industries as business, education, health care, information technology, cybersecurity, construction, and transportation. Designated as the “Best Community College” among the Maryland Daily Record’s 2021 Reader Rankings, CCBC is also nationally recognized as a leader in innovative learning strategies and among the nation’s top associate degree producers.

About Xometry
Xometry (NASDAQ: XMTR) powers the industries of today and tomorrow by connecting the people with big ideas to the manufacturers who can bring them to life. Xometry’s digital marketplace gives manufacturers the critical resources they need to grow their business while also making it easy for buyers at Fortune 1000 companies to tap into global manufacturing capacity and create locally resilient supply chains. Learn more at www.xometry.com or follow @xometry.

Contact:
Matthew Hutchison
Xometry
Matthew.Hutchison@Xometry.com

Hope Hall Davis 
Community College of Baltimore County
HHDavis@ccbcmd.edu 

Maya Valentine for Leader Hoyer, MD-05
Maya.Valentine@mail.house.gov

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1001a230-d10b-46da-b1d7-fbe3bd93de73


FAQ

What is Xometry's recent initiative regarding scholarships?

Xometry announced it will fund 57 scholarships for students at the Community College of Baltimore County to support manufacturing education.

How many scholarships is Xometry providing in total?

Xometry is providing nearly 250 scholarships across six states as part of its commitment to support manufacturing education.

What sectors does Xometry's scholarship initiative aim to support?

The initiative aims to support sectors like aerospace, robotics, autonomous and electric vehicles, and clean energy.

Who is involved in the announcement of Xometry's scholarship initiative?

U.S. Representative Steny H. Hoyer and CCBC President Dr. Sandra Kurtinitis announced the scholarship initiative.

Xometry, Inc.

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