Concurrent Technologies Corporation (CTC) was first known as Metalworking Technology Inc., (MTI), a subsidiary of the University of Pittsburgh Trust. MTI was formed in 1987 to operate the National Center for Excellence in Metalworking Technology (NCEMT) in Johnstown, Pennsylvania. It opened in 1988.
In each of its first three years of operation, company revenues doubled, as did the number of employees. Already MTI had exceeded expectations. The NCEMT capably advanced metalworking technology and delivered world-class solutions to the U.S. Navy. The organization quickly gained national recognition and respect, prompting expanded capabilities.
By 1992, MTI was growing fast and outgrowing its name. To more accurately portray the organization’s expanded mission—something beyond advanced metalworking technologies—the company changed its name to Concurrent Technologies Corporation. Two years later, CTC separated from the University of Pittsburgh Trust to become a fully independent entity.
Today, CTC is an independent, nonprofit, applied scientific research and development professional services organization providing management and technology-based solutions to a wide range of clients representing state and federal government as well as the private sector.
Together with our affiliates, Enterprise Ventures Corporation and CTC Foundation, we leverage research, development, test and evaluation work to provide transformative, full lifecycle solutions. To best serve our clients’ needs, we offer the complete ability to fully design, develop, test, prototype, and build. We support our clients’ core mission objectives with customized solutions and strive to exceed expectations.
The CTC timeline depicts the company’s history to date. Much has been achieved in partnership with government and industry through numerous alliances. Much is yet to be done as CTC continues to support high-priority defense needs and those of business and industry.