Multiyear Partnership with the Caterpillar Foundation Will Support Expanded Veteran Workforce Development Initiative
The Manufacturing Institute, the workforce development and education partner of the National Association of Manufacturers, announces a $2.25 million grant from the Caterpillar Foundation, the philanthropic arm of Caterpillar Inc., to support and expand the work of Heroes MAKE America, an MI initiative that builds connections and career paths between the military community and the manufacturing industry.
Manufacturers consistently identify the lack of qualified workers as the biggest challenge they face. The results of a 2018 study on the skills gap in manufacturing identify a widening gap between the jobs that need to be filled and the skilled talent pool capable of filling them. Through 2028, 4.6 million manufacturing jobs will need to be filled, and 2.4 million are expected to go unfilled due to the skills gap.