- Flex (FLEX, Financial) joins MIT's Initiative for New Manufacturing as a founding member.
- The collaboration focuses on AI, automation, and sustainability in manufacturing.
- MIT students to gain practical experience through Flex's factory observatory program.
Flex (NASDAQ: FLEX) has announced a strategic collaboration with the Massachusetts Institute of Technology (MIT) to spearhead advancements in manufacturing through the Initiative for New Manufacturing (INM). As a founding member of the INM Industry Consortium, Flex aims to revolutionize industrial production by leveraging artificial intelligence (AI), machine automation, and sustainable practices.
The partnership centers on four main pillars: reimagining manufacturing technologies and systems, enhancing productivity and the human experience, scaling ventures with resilient supply chains, and transforming global manufacturing with a focus on sustainability. This comprehensive approach is designed to strengthen manufacturing competitiveness and address current industry challenges.
Through this collaboration, MIT students will benefit from hands-on experience via a "factory observatory" program at Flex production sites. Additionally, Flex will host MIT faculty, researchers, and Masters of Engineering students at its Sorocaba, Brazil facility, further promoting a practical and immersive learning environment alongside the Flex Institute of Technology.
Commenting on the initiative, Cameron Carr, Chief Strategy Officer of Flex, stated, "Flex is proud to collaborate with MIT on this important initiative to shape the future of manufacturing. Together, we aim to innovate and advance manufacturing by focusing on areas that increase resilience, productivity, and sustainability."
This partnership represents a forward-looking investment in technological capabilities, potentially enhancing Flex's competitive position in the contract manufacturing sector over the medium to long term. For more information, visit flex.com and inm.mit.edu.
