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US Department of Labor awards $86M to 14 states for investment in skills training programs for critical in-demand, emerging industries

US Department of Labor awards $86M to 14 states for investment in skills training programs for critical in-demand, emerging industries WASHINGTON – The U.S. Department of Labor today announced the award of more than $86 million in Industry-Driven Skills Training Fund grants to 14 states to accelerate innovation, strengthen domestic production, and address critical workforce needs across the country, with more than $20 million of the funding supporting the revitalization of the domestic shipbuilding industry, training workers in welding, marine electrical, manufacturing, and other skilled trades.Administered by the department’s Employment and Training Administration, these grants will provide outcome-based reimbursements to employers for providing training in high-demand and emerging industries that align with President Trump’s Executive Order 14278, Preparing Americans for High-Paying Skilled Trade Jobs of the Future, and Executive Order 14629, Restoring America’s Mariti...

G.M.’s Profits Fell 18.5 Percent in the First Quarter

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Toyota adds $2.5 billion to its investment in a North Carolina battery plant.

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Stellantis and Samsung to spend $2.5 billion on an electric vehicle battery plant in Indiana.

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G.M. will spend $7 billion on Michigan plants to further its electric-vehicle aims.

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G.M.’s electric vehicle efforts reportedly include a bigger presence in Michigan.

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Toyota will spend $1.3 billion on a N.C. electric car battery plant.

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LG will pay G.M. $1.9 billion for a battery flaw that led to a Bolt recall.

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