Friday, October 15, 2004
$90,000 Grant to Provide State-of-the-Art Training
Governor Jennifer M. Granholm announced today that a $90,000 state grant will help preserve the jobs of over 300 workers at Polynorm Automotive North America in Novi. Company leaders say specialized training in lean manufacturing and technical fields for 157 of their employees will make Polynorm more competitive in the global market.
"Our workforce is one of the most valuable resources that Michigan has to attract investment and jobs," Granholm said. "Increased global competition means we must do all that we can to ensure that our workers remain among the most highly skilled in the world."
The grant is being provided through the Michigan Economic Development Corporation (MEDC) and the Economic Development Job Training (EDJT) program. Polynorm has chosen Oakland Community College to provide its training. Under the requirements of the program, the company will provide a minimum 25 percent funding match.
"The importance of the EDJT program is undeniable," said MEDC President and CEO Don Jakeway. "Michigan's elite workforce has always been the backbone of our economic success and will continue to be the key to our future growth."
Polynorm is a leading Tier One supplier to the automotive industry, specializing in project management, design engineering, development and production of pressed, Class A body panels and components using advanced steel, aluminum and plastic materials. The company employs more than 2,600 people at six production and engineering centers worldwide.
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.