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The
Challenge
Maddock had the big idea. If they could develop a machine
that would fulfill multiple road construction needs with
one common body, it would sell.
Maddock Corporation has been in the highway construction
business in Indiana for more than 25 years. Dave Maddock
could see changes in the industry and knew how to meet the
product needs of his clients, so he started Maddock
Industries.
As a small company, Maddock Industries didn't have a
full-time staff of engineers that could devote time to
researching and developing new products. Nor did they have
unlimited capital resources to hire an engineering design
firm. Then they heard about Rose-Hulman Ventures.
The Result
Although construction
equipment is not often seen as a highly technical end
product, the engineering skills and sophisticated embedded
technology used in the creation of construction machinery
are very technical. Utilizing the skills of civil,
mechanical and electrical engineers, Rose-Hulman Ventures
helped Maddock Industries develop their specialized highway
construction equipment faster and less expensively than
they could have with any other entity.
Maddock Industries is ahead of the curve with their
specialized highway construction equipment in part because
of the technical expertise and business and financial
support extended by Rose-Hulman Ventures.
For more information, visit
www.maddockcorp.com.
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