By From Mass High Tech
by Catherine Williams
One local nuclear engineering company and the University of Massachusetts are collaborating on a program that is one part scholarship and one part recruitment.
Representatives from the University of Massachusetts Lowell and Shaw Group Inc. gathered in Stoughton two weeks ago to unveil a $21,500 scholarship program for engineering students.
The Shaw Group is expected to contribute $20,000 annually and the state is expected to match it by $1,500 per year, per student. Shaw officials hope the program will support the company's growing nuclear engineering and design operations in Massachusetts.
The Shaw Group plans to expand its Stoughton facility to house 125 additional staff members. Plans include hiring an estimated 400 employees over the next two years at its Stoughton-based business unit, Shaw Stone & Webster Nuclear, said Stephanie J. Dixon, director of corporate communications.
The growth stems from the Shaw Group's recent announcement of its 20 percent ownership in Westinghouse Electric Co., Dixon said. The Shaw Group, based Baton Rouge, La., purchased Stone & Webster Inc. in 2000.
At its peak the UMass scholarship program, which began six years ago, had 18 companies participating, according John Ting, UMass Lowell dean of engineering.
The Shaw Group is the first large company to join the program in the past several years, he said.
The Shaw Group employs more than 700 employees in the Stoughton area, 400 of whom have nuclear expertise.
The scholarship program involves other companies including Norwood-based Analog Devices Inc.