Friday, October 07, 2005
Michael Shore, MEDC
Training Grants Totaling $505,000 Will Improve Skills, Competitiveness
Governor Jennifer M. Granholm today announced a total of $505,921 in job training grants to upgrade the skills of 781 current workers and 185 new hires at eight west Michigan companies. The funding, provided by the Michigan Economic Development Corporation, will underwrite state-of-the-art training specific to each company's needs in manufacturing processes, and equipment, quality, managerial and information technology skills.
"Michigan's workforce must be prepared for the 21st century economy," Granholm said. "Our highly skilled workers are a critical asset to companies that are looking to grow and create jobs here."
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.
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 eight companies benefiting from the Economic Development Job Training grants are:
Dura Automotive Systems Inc., Fremont - $30,000 for 60 existing workers
Hayes Lemmerz International, Montague - $38,803 for 31 existing, 9 new workers
Kellogg Company, Grand Rapids - $69,500 for 100 existing, 39 new workers
Michigan Spring & Stamping, Muskegon - $62,500 for 100 existing, 25 new workers
Richard-Allan Scientific, Kalamazoo - $35,000 for 75 existing, 12 new workers
Saturn Electronics and Engineering Inc., Coopersville - $50,000 for 25 existing, 100 new workers
Stahlin Enclosures, Belding - $44,937 for 90 existing workers
Stryker, Kalamzoo - $175,181 for 300 existing workers
"EDJT grants have helped train thousands of Michigan workers through our excellent educational institutions," MEDC President and CEO Jim Epolito said. "These companies are making a valuable investment in their workforce to ensure that they remain competitive with other states as well as internationally."
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.
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.