Information from WYSH Radio
Gov. Bill Haslam and Tennessee Department of Labor and Workforce Development Commissioner Karla Davis have awarded Incumbent Worker Training Program grants totaling $29,947 to Protomet Corp. in Oak Ridge and $25,000 to Techmer PM in Clinton.
“If Tennessee is going to become the number one location in the Southeast for high-quality jobs, then we must offer a well-trained workforce to employers,” Haslam said. “This kind of training grant not only helps educate workers, but also provides incentive to employers looking to relocate or expand in Tennessee.”
Since the program’s inception, Incumbent Worker Training grants have assisted more than 600 businesses by providing $14 million to train approximately 50,000 employees.
“Both job creation and retention are vital in maintaining a healthy economy in Tennessee, and the Incumbent Worker Training program has played a key role in accomplishing this,” Davis said.
In their application for the grant, Protomet Corporation stated that the money would allow the company to balance capital expenditures with process and organizational improvements to keep costs low and compete in the global economy, allowing the business to grow and retain employees.
In their application for the grant, Techmer PM stated this grant would develop the skills that will allow the team to identify waste throughout the process. The removal of the waste—time, money, and resources—will keep Techmer PM competitive in the market and assist in growing the business.
The Tennessee Department of Labor and Workforce Development administers the Incumbent Worker Training program. The program has been structured to be flexible to meet business training objectives. The business may use public, private, or its own in-house training provider based on the nature of the training. The following criteria must be met to qualify for the Incumbent Worker Training Program:
- Employers must be in operation in Tennessee for at least one year prior to application date.
- Employers must have at least five full-time employees, demonstrate financial viability and be current on all state tax obligations.
- Funding priority is given to businesses whose grant proposals represent a significant layoff avoidance strategy and represent a significant upgrade of skills.
Information in this story brought to you through an agreement between Oak Ridge Today and WYSH. See more local news headlines on the WYSH website at http://www.wyshradio.com/local_news.html.
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