Freeburg – Gov. Rod R. Blagojevich today announced a nearly $52,000 Opportunity Returns workforce-training grant to Hubbell, Inc, a manufacturer of electrical enclosures, to teach 76 employees a variety of welding skills. Hubbell is based in Freeburg, a town located in the Southwestern region of the Governor’s ten-region Opportunity Returns initiative - the regional economic development plan that he rolled out in his visit to the Metro East community earlier this month. As a result of this new training program, Hubbell expects to increase productivity and generate an 11% net sales increase.
“This is a great example of how targeting resources can produce immediate results,” Governor Blagojevich said. “Hubbell is a successful company, but it has not been meeting a growing demand for its products. Through this Opportunity Returns grant, Hubbell will actually be able to increase its output and grow its sales. This will provide an important lift not only to this company, but to the economic competitiveness of this region.”
The grants are being awarded through the Employer Training Investment Program’s (ETIP) Small/Mid-sized Company component. ETIP is a new generation of employer-focused, customized training grants created through the “21st Century Jobs” Training Initiative. ETIP will help keep Illinois workers up to speed with new technologies and business practices, and will in turn help businesses increase productivity and boost competitiveness. The Illinois Department of Commerce and Economic Opportunity (DCEO) administers the ETIP grants, which reimburse companies and organizations up to 50% of the costs of training their employees.
“The Southwestern region must become more productive and competitive in manufacturing to compete in the new global economy,” said DCEO Director Jack Lavin. “This initiative will help accomplish that priority by offering key assistance to address the training needs necessary to retain and expand manufacturing companies in the region and across state, especially those businesses that act as suppliers to larger companies.”