Grant Secures High-Tech Jobs at Cobasys in Orion, Michigan
04 5월 2005 - 6:00AM
PR Newswire (US)
Grant Secures High-Tech Jobs at Cobasys in Orion, Michigan Job
Training Will Enhance Skills of 200 Employees LANSING, Mich., May 3
/PRNewswire/ -- Governor Jennifer M. Granholm announced today an
Economic Development Job Training grant to boost the skills of 200
workers at Cobasys in Orion. The grant, provided by the Economic
Development Corporation, will help 140 current and 60 new employees
in Michigan, receive state-of-the-art manufacturing and
professional skills training. "Cobasys is a great example of an
advanced technology organization that recognizes the value of
Michigan's top-notch workforce to compete in the global economy,"
Granholm said. "This grant will help ensure that as the company
continues to grow, the skills of Michigan workers will grow with
it." In her 2005 State of the State address, Governor Granholm
emphasized the need to make Michigan a global economic powerhouse
in the 21st century. Strengthening Michigan's workforce is part of
that plan, with job training one of the tools being used to enhance
Michigan's business-friendly climate. Under the terms of the award,
Oakland Community College will be the grant administrator and
Cobasys will provide a minimum 25 percent funding match. Thomas
Neslage, President & CEO of Cobasys stated "we would like to
thank the State of Michigan for their assistance because continuous
improvement and learning is one of our core values. This grant will
help Cobasys employees obtain and maintain the skills necessary for
us to achieve our vision of being the world's most admired Nickel
Metal Hydride battery solutions company." Cobasys develops and
manufactures advanced nickel metal hydride battery solutions for
the transportation and stationary power industries, including
electric/hybrid-electric vehicles, heavy-duty vehicles,
telecommunications, uninterrupted power supply and distributed
generation applications. In 2004, the company announced it would
move its headquarters, with its executive, sales, marketing,
product development, finance and administration functions, to Orion
thanks in part to a Single Business Tax credit offered through the
MEDC valued at more than $3.9 million over the next 10 years. "EDJT
funding has enabled Michigan to produce the most highly skilled
workers in the world," MEDC President and CEO Don Jakeway said. "We
welcome Cobasys' continued growth in our state and are proud to
back their commitment to a quality workforce." Since 1994, more
than $260 million in EDJT grants have helped over half a million
Michigan workers improve their skills and enhance the
competitiveness of their employers. 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. For more information about the MEDC,
please visit our Web site at http://www.michigan.org/ . Cobasys is
a joint venture between ChevronTexaco Technology Ventures, an
operating unit of ChevronTexaco Corporation (NYSE:CVX) and Energy
Conversion Devices, Inc. (NASDAQ:ENER). For more information about
Cobasys contact Ray Wagner, Vice President of Marketing at
248-620-5765 or visit our website at http://www.cobasys.com/ .
DATASOURCE: Michigan Economic Development Corporation CONTACT: Ray
Wagner, Vice President of Marketing of Cobasys, +1-248-620-5765 Web
site: http://www.cobasys.com/ http://www.michigan.org/
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