New Jersey Manufacturing Extension Program, Inc. (NJMEP) Receives $250,000 in New Supplemental Funds from the National Institute of Standards and Technology (NIST) Hollings Manufacturing Extension Partnership (MEP)
CEDAR KNOLLS, N.J., July 30, 2018 /PRNewswire/ -- The New Jersey Manufacturing Extension Program (NJMEP) was named the recipient of $250,000 in new supplemental funds by the U.S. Department of Commerce National Institute of Standards and Technology (NIST) Hollings Manufacturing Extension Partnership (MEP) to help support New Jersey manufacturers.
The supplemental funds are used to support NJMEP's Technical Sales Training & Apprenticeship program (approved by New Jersey – currently under Federal review), and the MSSC (Manufacturing Skills Standards Council) training – national credentials in Production Technician & Logistics Technician. NJMEP is looking toward the State to match these funds through an open State Budget Resolution.
"This award is further indication of New Jersey's increased prominence in America's manufacturing sector, and we look forward to continuing to help manufacturers innovate and grow," says John W. Kennedy, CEO of NJMEP. "These programs have been developed to provide entry-level opportunities to companies in need of these skills," adds Kennedy.
NJMEP is ranked amongst one of the top performing MEP center based on the results of independent, third party, quarterly client surveys. The numbers reflect NJMEP's impact from 2000 through second quarter 2018.
The $3.8 billion in value was realized through the following:
- $2.8 Billion Increased Sales/Revenue
- $390 Million In Process Savings
- $672 Million In Capital Investments
- 33,632 Jobs Created and Retained
About NJMEP: NJMEP is a private, not-for-profit organization that improves the profitability and competitiveness of New Jersey's manufacturers. Backed by the National Institute of Standards and Technology (NIST), NJMEP enables organizations to enhance their productivity and efficiencies, reduce costs, and improve employee performance. For more than 20 years, NJMEP has used its extensive network of connections and proven track record of success to help manufacturers adapt to the latest innovative technologies and best practices to realize more than $3.8 billion in value. Our services are categorized into the following three areas: Operational Excellence, Innovation and Growth Strategies, and Workforce Development. NJMEP also has a signature philanthropic program, Manufacturing Cares, which is designed to provide a platform for manufacturers to give back to the community by pooling efforts to increase our impact.
For more information about Manufacturing Day, please visit: 'Made in New Jersey' Manufacturing Day.
SOURCE New Jersey Manufacturing Extension Program
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