AUSTIN, Texas (Reuters) – It’s a story that’s not new for American companies.
American workers are getting more expensive and less efficient, but many businesses still make the same basic building materials and are using the same building materials for decades on end.
But one Texas company is hoping to change that with a new technology that can cut costs and improve efficiency.
The Texas Instruments Global Leadership Institute (TIGLI) said in a statement on Wednesday that its latest product is the first step toward building a global leader in the materials, services and processes required for the 21st century economy.
The TIGLI, headquartered in Austin, is working on a new product called the TIGLITE that it hopes will be a catalyst for new manufacturing innovations.TIGLITES technology, which it calls TIGlites, is an innovative new material technology that uses a chemical reaction to break down existing building materials into the basic building material materials and other specialized building materials that are used in the U.S. and around the world.
Tiglites is a new material that uses chemicals to break it down.
The process is a process that was previously used for building material and could be used to create the next generation of building materials.
The new process breaks down the materials down to a new, smaller, more efficient structure.
The new TIGELITE technology is a catalyst to change the way the world makes building materials from materials that already exist, said David Richey, an associate professor of industrial engineering and technology and director of the Texas Instruments Research Center.
It could transform the way materials and services are made in the 21-country world, said Richeey, who is also director of TIGLY.
“This is a very promising development, one that we’re extremely excited about, and one that is going to have a huge impact in our future,” he said.
“The whole goal is to create new and more efficient building materials.”
In its statement, TIGLO stated that it has developed the TigLites Technology in the context of the needs of the 21 st century economy.
“Building materials and materials services are being made increasingly more complex and more expensive to produce, and we need new and better materials and products to make the transition from one era to the next.
The institute is a nonprofit foundation that promotes entrepreneurship and innovation.TIFILITY, a nonprofit that supports innovation, will provide grants to companies that adopt the TigsLites technology and will support the institute’s research, said the institute in its statement.