New alliance to bring opportunities to Missouri



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COLUMBIA – A new global partnership announced Friday by the UM system will bring more opportunities to Missouri, according to the Missouri Chamber of Commerce.

On Friday, UM announced its partnership with Siemens Healthineers, an international medical research group.

The group signed a 10-year agreement with Missouri, which gives all four campuses access to Siemens' medical technology and training resources.

Siemen's Healthineers is also participating in the NextGen Precision Health Initiative. The teams are building a $ 200 million institute on the medical campus of the University of Missouri.

The building will host a multitude of schools, including medicine and engineering, as a medical research laboratory.

UM leaders said the partnership would also focus on developing the workforce.

Vice Chancellor of Strategic Partnerships Elizabeth Loboa said: "Siemens can not hire engineers fast enough."

She said the partnership will provide opportunities for Missouri students and residents.

In May 2019, the Missouri unemployment rate was 3.3%, which is below the national average, according to the Bureau of Labor Statistics.

Missouri Chamber of Commerce CEO Dan Mehan said the partnership reminded him of Boeing's impact on the St. Louis economy.

"It will attract people, it will attract students, people will want to train in this industry and it is good for the Missouri workforce," he said.

Mehan said that he thought the impact of the alliance would go beyond the 10-year contract.

"It's going to continue in 10 or 20 years," he said, "so it's likely to encourage other health care organizations to look at Missouri and tell wow that Siemens is locating this operation here. to be close to this focal point ".

The NextGen Precision Health Institute is expected to open in the fall of 2021.

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