Work Force Training Is Critical for Expanding Companies

Companies expect their new facilities to be profitable immediately, and a trained labor pool is part of that objective. Also included is a comprehensive chart, with points of contact, for major work force training incentive programs in each of the 50 states.

The amount of time before a company expects to have a return on its investment on a new facility has been reduced to virtually nothing. Not so long ago, when a company began operations in a new facility, it gave itself a window of 90 days where workers were trained and the bugs were worked out in the production process.

On the 91st day, the company expected to start generating profits from operations at the plant.

Today, companies launch their operations on the assumption that the new facility will be profitable from the first day.

In a world where executives demand an instant ROI, the ability to have a well-trained work force that knows how to handle the task at hand from the beginning, and not experience the inevitable missteps that come with on-the-job training, is more than just a luxury. It is a necessity for companies competing in the global economy.

That puts the onus on work force training before the new plant is in operation. When a company begins looking for a site for a new facility — whether it is in its current city or state, or in another state — it wants to know what’s available in terms of work force training programs.

Best Work Force Training Programs

1. Georgia

2. Alabama

3. Kentucky

4. South Carolina

5. Indiana

6. Tennessee

7. Arizona

8. Colorado

9. Idaho

10. Maryland

SOURCE: Expansion Management poll of 80 Corporate Site Location Consultants, August 2005.

Full Story: http://www.expansionmanagement.com/smo/articleviewer/default.asp?cmd=articledetail&articleid=16743&st=5

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You can download a chart of a fifty state comparison of workforce training programs here:
http://www.expansionmanagement.com/smo/DocReserve/DocReserve_Content/WorkForce%20Chart.pdf