Monday, February 13, 2006
Michael Shore, MEDC
Training Grants Totaling $45,483 Will Improve Skills, Competitiveness
Governor Jennifer M. Granholm today announced $45,483 in Economic Development Job Training funding to upgrade the skills of 50 current employees and train 70 new hires at two companies in Saginaw and Oscoda. The funding, provided by the Michigan Economic Development Corporation, will provide workers with state-of-the-art training in manufacturing process improvement and information technology.
Under the terms of the award, a qualified educational institution will administer the training and each company will provide a minimum 25 percent funding match.
The educational institutions and the two companies benefiting from the grants are:
- Assembly Technology & Test, Saginaw - $15,483 for 50 current, 10 new employees trained through Saginaw Valley State University
- Crusecom Technology Inc., Oscoda - $30,000 for 60 new employees trained through Alpena Community College
Since 1994, more than $325 million in EDJT grants have helped over half a million Michigan workers improve their skills and enhance the competitiveness of their employers.