Graybar and the University of Illinois have opened Graybar Innovation Lab at Research Park, Graybar said.
At this facility, Graybar will collaborate with University of Illinois students and faculty to develop industry-leading digital capabilities that strengthen its position in the supply chain.
The Graybar Innovation Lab at Research Park also provides a unique opportunity for students to become familiar with Graybar and the wholesale distribution industry, as the innovation lab will provide full- and part-time positions for undergraduate and graduate students.
The University of Illinois Research Park is home to innovation centers for multinational corporations and publicly traded firms including Abbott, ADM, Anheuser-Busch InBev, Caterpillar, Capital One, CME Group, John Deere, State Farm, and Yahoo.
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, distributes electrical, communications and data networking products, and specializes in related supply chain management and logistics services. Through its network of 290 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network and secure their facilities with speed, intelligence and efficiency.
The Research Park at the University of Illinois at Urbana-Champaign is a technology hub for startup companies and corporate research and development operations. Within the Research Park there are more than 100 companies employing students and full-time technology professionals.