Governor John Lynch today announced a grant to train the 10,000th New Hampshire worker through the Job Training Fund.
Four years ago, Governor Lynch made it a priority to reinstate the Job Training Fund, which distributes up to $2 million annually in matching grants to allow companies to train new workers or retrain longtime employees. With the June 2011 grants, the Training Fund will have helped 10,000 New Hampshire workers receive the skills they need and that companies need to compete and grow.
"There is no question our investment in our workers and our companies through the Job Training Fund has helped New Hampshire through tough economic times, and allowed us to be a leader in economic recovery. Our unemployment rate is nearly 50 percent below the national average and we have one of the strongest, fastest-growing economies in the nation," Governor Lynch said. "It's clear we have an economic strategy in place that is working, and an integral part of that strategy is ensuring we have skilled and educated workforce companies need to thrive and grow. Through the Job Training Fund we are keeping good jobs and good companies right here in New Hampshire."
"This is a significant milestone and I look forward to continuing to work with companies and workers to ensure we are giving them the tools they needs to be successful," Governor Lynch said.
Governor Lynch made the announcement at Al's Precision Machining in Hooksett, a New Hampshire small business that was given a $4,500 job training matching grant this month. Three other companies also received grants this month.
"The top priority for businesses is having a highly skilled, educated workforce, which as Governor, is also my top priority," Governor Lynch said.
The other June 2011 recipients of the Job Training grants are TradePort USA in Somersworth, North Branch Construction of Concord and Warner Power Conversion of Warner. The state issued more than $85,000 in grants in June, which will assist in training nearly 200 workers.
Since the Job Training Fund was re-established, companies from across New Hampshire have received state grants totaling more than $3.6 million. Companies receiving grants have contributed nearly $6 million, bringing the total amount invested in new training for workers to over $9.5 million.
For more information about the Job Training Fund, go to www.nhjobtrainingfund.org.