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 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. With offices throughout the U.S. and in Europe, CTC links clients to an international network of highly educated professionals and exceptional laboratory and demonstration facilities. As an independent, nonprofit organization, CTC is a trusted, unbiased partner uniquely qualified to provide the best total solution for each client.