With a skills gap plaguing manufacturing, companies are spending big to train their current workforce and ensure a pipeline of talent.
A skills gap is plaguing the manufacturing industry in a historically tight labor market.
A worker fits wheel hub badges on the Ford Focus automobile assembly line inside the Ford Motor Co. factory in Saarlouis, Germany, on Wednesday, Sept. 25, 2019. Ford expects hybrid electric vehicles and battery electric vehicles to make up over 50% of its European passenger vehicle sales by year-end 2022.With a skills gap plaguing manufacturing in a historically tight labor market, companies are spending big to "upskill" their current workforce and ensure a pipeline of talent.
"In manufacturing, you are constantly learning and growing, and the technological change is enormous," said Carolyn Lee, the institute's executive director. "What you are going to be able to continue to do as you layer new skills, on top of those fundamental skills, will make for a very interesting and dynamic career."
Protolabs, a rapid prototyping manufacturer based in Maple Plain, Minnesota, is looking to add about 70 workers to its workforce of 2,800. "We do both upskill and bring in new people all the time — we are continually hiring so we have to train and onboard new employees — but we are reinvesting in our employees to create career paths and opportunities for personal growth," Bodor said. "Our employees are critical to our success, so we want to be creating longevity with them."
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jennifer Lopez’s $44 Leggings and $26 Tank Top Just Became So Much Easier to BuyJennifer Lopez's $44 leggings and $26 tank top just became so much easier to buy.
Read more »
Eli Lilly targets quarterly deals of $1 billion-$5 billion in 2020: CFOEli Lilly and Co aims to announce roughly one $1 billion to $5 billion deal ever...
Read more »
Planned Parenthood will spend $45 million in 2020 elections in support of pro-abortion candidatesPlanned Parenthood's super PAC will spend $45 million to support candidates in favor of abortion rights, the largest electoral program of its kind in the pro-abortion group's history.
Read more »
Netflix to Invest $17.3 Billion in Content in 2020, Analyst EstimatesNetflix as the top global streamer is set to binge-spend $17.3 billion on content in 2020, and mostly on originals, according to an estimate from an BMO Capital Markets entertainment analyst
Read more »
Google teams up with AirAsia to launch new tech academySoutheast Asian airline AirAsia has teamed up with Google to launch a new tech academy to help upskill employees for the digital age.
Read more »
Planned Parenthood will spend $45 million in 2020 elections to support abortion-rights candidatesPlanned Parenthood's super PAC will spend $45 million to support candidates in favor of abortion rights, the largest-ever electoral program of its kinds.
Read more »