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Five Companies Receive Job Training Grants This Month

Gov. John Lynch today announced that five more New Hampshire companies have received Job Training grants in the month of August. 

nh-job-training-fundJob Training grants are aimed at keeping good jobs in New Hampshire by helping companies train their workers with new skills to compete in a changing economy. Gov. Lynch made it a priority to reinstate the Job Training Fund, which distributes up to $1 million annually in matching grants to allow companies to train new workers or retrain longtime employees.

Since the Job Training Fund was reinstated in late 2007 ago, nearly 7,500 workers from across New Hampshire have received training and enhanced skills through the matching grant program.

“New Hampshire is leading the region in economic activity, it is important that we continue to invest in New Hampshire workers and New Hampshire companies if we are to continue leading the way,” Gov. Lynch said. “Job training grants are helping our companies compete and grow, and meet the demands of a changing marketplace.”

The August 2010 recipients of the Job Training grants are: NH Ball Bearings in Laconia; Kheops International of Colebrook; Southeastern Container, Hudson; Airmar Technology Corp. in Milford; and Families in Transition in Manchester.

“The connection between business growth and an investment in professional development is undeniable,” said Department of Resources & Economic Development Commissioner George Bald. “I commend these exemplary companies for making a commitment to improving the skills of their workers and for adding to the economic vitality of the state.”

Since the Job Training Fund was re-established, companies from across New Hampshire have received state grants totaling more than $2.6 million. Companies receiving grants have contributed nearly $5 million, bringing the total amount invested in new training for workers to nearly $7.5 million.

For more information about the Job Training Fund, go to www.nhjobtrainingfund.org.

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