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Business & Technology

Area businesses earn state grants

December 19th, 2011 7:23 pm by Staff Report

The state has awarded nearly $74,000 in training grants to several local businesses.
Gov. Bill Haslam and Tennessee Department of Labor & Workforce Development Commissioner Karla Davis announced they awarded $7,742 to Accurate Machine Products Corp. in Johnson City; $16,452 to Aerojet Ordnance Tennessee Inc. in Jonesborough; $16,452 to Snap-on Tools in Elizabethton; $16,451 to Kysor Panel Systems in Piney Flats; and $16,451 to Bristol Metals LLC in Bristol.
“If Tennessee is going to become the number one location in the Southeast for high-quality jobs, then we must offer a well-trained work force to employers,” said Haslam.
“This kind of training grant not only helps educate workers, but also provides incentive to employers looking to relocate or expand in Tennessee.”
“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.
“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.”
In their application for the grant, Accurate Machine Products stated the grant will allow participants to complete a course that will provide them with enhanced knowledge of process functionality, analytical skills, problem-solving skills and methods for increasing the efficiency, effectiveness and adaptability of their process.
Aerojet Ordnance Tennessee Inc. said the training grant will insure the successful manufacture of pressure vessels and warhead components to enable the parent company to procure from AOT instead of procuring from an outside vending source. In-sourcing will enable Aerojet better control of product quality, cost and supply chain management.
In their application for the grant, Snap-on Tools stated the grant will provide consistency in production methods that will result in fewer defects. This improvement will sustain their product quality and competitive advantage.
Kysor Panel Systems stated this grant will provide training in Lean Processes, which results in fewer mistakes and less production time required.
Kysor Panel Systems would have the ability to make money even with lower margins and go after new business by being more price competitive in the marketplace.
In their application for the grant, Bristol Metals LLC stated through classroom training, real world examples and hands-on simulations, participants will discover ways to identify, eliminate, or reduce waste in the manufacturing process.
The Alliance for Business & Training played a key role in awarding the grant to Accurate Machine Products Corp.
The Tennessee Department of Labor and Workforce Development administers the Incumbent Worker Training program.
The program has been structured to be flexible to meet the business’s training objectives.
The business may use public, private or its own in-house training provider based on the nature of the training.
Several 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.

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