Monday, February 14, 2005
Michael Shore, MEDC
State-of-the-Art Training Will Help Retain Nearly 200 Employees
Governor Jennifer M. Granholm announced today a $20,000 Economic Development Job Training grant to help retain nearly 200 workers at BorgWarner Emissions/Thermal Division in Cadillac. The grant will help more than 30 current and 40 new workers receive specialized training in streamlined and more efficient manufacturing methods. The training will help secure all BorgWarner jobs at the Cadillac facility by making the company more competitive in the global economy.
"We appreciate BorgWarner's continued investment in Michigan and its workforce," Granholm said. "By providing our highly productive workers with training in the newest advanced manufacturing technologies we will help keep Michigan competitive in the fight for jobs and investment."
The grant is being provided by the Michigan Economic Development Corporation (MEDC).
In her 2005 State of the State address, Governor Granholm emphasized the need to make Michigan a global economic powerhouse in the 21st century. Strengthening Michigan's workforce is part of that plan, with job training one of the tools being used to enhance Michigan's business-friendly climate.
BorgWarner has chosen Northwestern Michigan College to provide the training. Under the requirements of the program, the company will provide a minimum 25 percent funding match.
"We are delighted by this most recent confirmation of the MEDC's continuing commitment to BorgWarner and our Cadillac operation," BorgWarner Chairman and CEO Tim Manganello said. "These job training funds, which will be used for production floor training programs in Cadillac, bring to $189,000 the total dollars the State of Michigan has awarded this operation since 2001. We think the State of Michigan's investment in BorgWarner and BorgWarner's investment in Michigan is money well spent."
BorgWarner recently relocated its world headquarters from Chicago to Auburn Hills as a result of assistance from the MEDC. The company manufactures highly engineered components and systems for vehicle powertrain applications worldwide with manufacturing and technical facilities in 58 locations in 17 countries. Customers include Ford, DaimlerChrysler, General Motors, Toyota, Honda, Hyundai/Kia, Caterpillar, Navistar International, Renault/Nissan, Peugeot, VW/Audi and BMW.
Since 1994, more than $260 million in EDJT grants have helped over half a million Michigan workers improve their skills and enhance the competitiveness of their employers.
"Michigan's highly skilled workforce attracts major companies looking to expand and grow," MEDC President and CEO Don Jakeway said. "EDJT funding helps ensure that our workers are receiving the best training available to stay on top of the high-tech learning curve."
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.