Midwest Technology Ventures was founded by Richard E. Lamb in 1999. Lamb said the company's primary operating division is SpecPlus! Automation Consultants. The division provides engineering design, software development and systems integration for control systems.
"We provide custom-designed control systems for manufacturing processes, facility controls and energy management, and design control systems to incorporate into other companies' products and systems," he said. "We also manufacture control systems and electrical control panels."
The company provides systems for automotive companies, material handling systems for manufacturing facilities and warehouses, and specialized systems for facilities like sports arenas and prisons.
Lamb said Midwest Technology Ventures' products may strengthen North American companies that are interested in improved control systems for their manufacturing processes or facilities, or embedded into their products for resale.
"My colleagues and I have extensive experience of translating customer need and expectations into quality products and systems, on time and on budget," he said. "We bring a wide range of talent and experience to the table."
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Lamb explained why Midwest Technology Ventures became a tenant of the Purdue Research Park.
"I was interested in gaining access to Purdue's quality resources: talent, technology, facilities, infrastructure and networking connections," he said. "My colleagues and I are looking to utilize those resources specifically to launch new products and a startup division of the company."
About Midwest Technology Ventures Inc.
Midwest Technology Ventures provides management, administrative, marketing, information systems, and financial support to a series of technology-related business units and strategic partners. All affiliates of Midwest Technology Ventures are technology-focused, niche market companies poised for rapid growth and leadership in their respective fields.
About Purdue Research Park
The Purdue Research Park, with four locations across Indiana, has the largest university-affiliated business incubation complex in the country. The parks are home to about 200 companies that employ 4,000 people and are located in West Lafayette, Indianapolis, Merrillville and New Albany.
Purdue Research Park contact:
Steve Martin, 765-588-3342, sgmartin@prf.org
Source:
Richard E. Lamb, 317-873-0021, relamb@midtechv.com
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