TRAINING GRANT
ADMINISTRATION

ADVANCED MANUFACTURING, CA-ETP

Overview:

A leading global provider of orthopedic devices related to rehabilitation, pain management and physical therapy was looking to expand product lines. Additionally, the company manufactures and distributes a broad range of surgical reconstructive implant products. The company has become the largest non-surgical orthopedic rehabilitation device company in the Unites States and among the largest globally.

As new products were being launched, their southern California employment base required training on new product lines.

Challenge:

The company’s business activities resulted in the combination of two companies with broad orthopedic product offerings in the Unites States and foreign countries. The expenses to train the workforce were absorbent; however, the company needed to move forward to meet market demand. Training budgets were limited.

Solution:

Economic Incentives Advisory Group (EIAG) met with members of human resources and operations to learn about forecasted training needs and expenses. EIAG informed the client they could tap into as much as $750,000 in job training reimbursement funds.


Results:

The company is now developing a budget knowing the state will reimburse up to $750,000 in job training funds. These funds will help their employees get trained more quickly and the budgets are now in place to deliver the right type of training to meet skill set requirements.

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© 2016 Economic Incentives Advisory Group.