Regent Martin and Martin Family make $2 Million gift to LSU Engineering
BATON ROUGE- During a press conference today, Board of Regent member Roy O. Martin, along with the Martin family announced a $2 million gift to the new state-of-the art engineering education complex at LSU. “I am honored to be a part of more than 60 people spanning three generations that have attended LSU, many of whom are College of Engineering graduates,” said Martin. “I am also pleased that Governor Jindal and the Legislature have made Louisiana’s fundraising climate easier through their willingness to match funds.”
Governor Jindal attended the announcement, providing opening remarks in support of the donation, and highlighting the importance of connecting education to workforce. “Workforce estimates published by the Louisiana Workforce Commission and the Louisiana Board of Regents suggest that we will need to increase the number of our engineering and construction management graduates statewide by at least 30 percent per year, or roughly 330 more graduates per year statewide across all institutions, just to meet current demand,” said Governor Jindal. “This new Engineering Complex will help us do that as well as excel in engineering and computer science related education.”
The monetary goal for the renovation and expansion of the College of Engineering is $100 million. So far, $50 million has been allocated in capital outlay funding for the project, with the remaining funds covered by private donations. The engineering school has already raised $30 million, including the $2 million gift from RoyOMartin and the Martin family, $15 million from Phyllis Taylor, along with a host of other corporate and private contributors.
“This donation is a wonderful example of business and industry can work together to support higher education,” said Commissioner Jim Purcell. “Regent Martin has always maintained a commitment to advancing higher education in our state and we are grateful to have him as a member of our board.”
To learn more about LSU’s College of Engineering expansion campaign visit- http://www.lsubreakingnewground.com/.
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