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New Jersey Institute of Technology’s Business Incubator Helps Small Firms Fly: Achieving Precision Results

New Jersey Institute of Technology (NJIT) alumnus Bob Tarantino had a very good idea when he came up with the concept for New Jersey Precision Technologies in 1995 and took the first step toward making it a commercial reality at the university’s Enterprise Development Center (EDC). In fact, Tarantino’s idea was so good that he now owns one of the leading electrical discharge machining (EDM) operations in the northeastern United States, with gross annual sales topping $4 million.