Monday, November 15, 2004
Paul Krepps, MEDC
Training Funds to Help Industry Compete Globally
Governor Jennifer M. Granholm today announced a $250,000 Economic Development Job Training (EDJT) grant that will help retain 547 workers at 11 Michigan tool and die companies. The grant, provided by the Michigan Economic Development Corporation (MEDC), will benefit the United Tooling Coalition (UTC) as part of a state pilot program to help the tool and die industry compete in the global market.
The United Tooling Coalition is a group of tool and die companies who joined in a collaborative agreement in order to share industry knowledge and resources, including limited state training dollars, with the goal of strengthening the industry as a whole.
"By joining forces, the companies that participate in the UTC can bring state-of-the-art training to more workers and help galvanize the industry in the ongoing fight to retain and create jobs," said Granholm.
The job training funding is part of the MEDC's new Manufacturing Competitiveness initiative designed to enhance the skills of Michigan's manufacturing workforce and encourage collaboration between regional employers. It aims to streamline the training process by serving several companies through a single grant to make the best use of state funding.
The following companies are members of UTC: Accu-Mold Inc; Autodie; Enterprise Tool & Die Inc; Lansing Tool & Engineering Inc; Master Precision Molds Inc; Northland Tool Corporation; Northwest Tool & Die Inc; Paragon Die & Engineering; Precise Engineering; Richard Tool & Die Corporation and Schmald Tool & Die.
In addition to this grant, the Governor also awarded an additional $1.9 million in EDJT funding to 76 manufacturing companies. In total today and Friday, the Governor announced nearly $2.2 million to benefit 87 companies and help retain a total of nearly 15,000 manufacturing jobs.
Since 1994, more than $263 million in Economic Development Job Training grants have helped more than 500,000 Michigan workers improve their skills and enhance the competitiveness of their employers.
In her 2004 State of the State address, the Governor announced her plan to make Michigan a global economic powerhouse in the 21st century. Strengthening the workforce is part of that plan. EDJT funding is one of the key tools being used to develop a highly trained pool of workers to enhance the state's business-friendly climate.
The Michigan Economic Development Corporation, a partnership between the state and
local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.