Wednesday, March 16, 2005
Michael Shore, MEDC
State-Of-The-Art Training Will Help Retain 140 Employees
Governor Jennifer M. Granholm today announced a $45,000 Economic Development Job Training grant to help retain 140 workers at ZF Lemforder in Lapeer. The grant, provided by the Economic Development Corporation, will help 60 current and 80 new workers receive specialized training in lean manufacturing, blueprint reading and other high-tech processes. The training will help secure all ZM Lemforder jobs at the Lapeer facility by making the company more competitive in the global economy.
"ZF Lemforder's continued investment in our state's workforce will provide the ongoing education and training needed to keep the company on the cutting edge in manufacturing," Granholm said. "This grant represents a true 'win-win-win', making the company, workers and state all winners in today's global economy."
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.
ZF Lemforder has chosen the Tuscola Intermediate School District to provide the training. Under the requirements of the program, the company will provide a minimum 25 percent funding match.
"This program and this grant will go a long way in helping us enhance and maintain our solid workforce in Lapeer," ZF Lemforder Corp. President and CEO Jim Stacey said.
ZF Lemforder is the car chassis division of ZF Friedrichshafen AG, a leading global supplier of driveline and chassis technology. Headquartered in Friedrichshafen, Germany, ZF is among the 15 largest automotive suppliers in the world.
"Michigan's reputation for its high-skilled workforce is known throughout the world, and that's a strong asset when competing for new jobs and new corporate investments," MEDC President and CEO Don Jakeway said. "This grant shows our commitment to help ZF Lemforder and other companies keep their workers going strong for a full nine innings in the high-tech ball game."
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.
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.