Magnum Machining Workforce to Receive Training with DEED Grant

For Immediate Release                                 Contact: Madeline Koch, 651-259-7236
December 30, 2014                                      Madeline.Koch@state.mn.us

 

Magnum Machining Workforce to Receive Training with DEED Grant
~Greater Minnesota company to add 20 new machinists in the next year~

ST. PAUL -- The Minnesota Department of Employment and Economic Development (DEED) has awarded Magnum Machining a $50,000 Job Training Incentive Pilot award to train their workforce.

The Job Training Incentive Pilot Program, an outgrowth of DEED’s Minnesota Job Skills Partnership, helps small businesses train new workers quickly and efficiently. The program is aimed at new or expanding businesses in Minnesota that have fewer than 150 full-time employees and are planning to expand their workforces by at least 10 percent, with a minimum of five new jobs. Businesses in the manufacturing, skilled production and information technology industries, and businesses located in Greater Minnesota receive priority for funding.

“As Minnesota’s workforce demographics continue to shift, it is crucial that we make sure we have workers with the right skills for available positions,” said DEED Commissioner Katie Clark Sieben. “This Job Training Incentive Pilot Program grant encourages small businesses, like Magnum Machining, to expand and hire new workers by helping to offset some of the training costs.”

 Located in Deerwood and Ironton in Crow Wing County, Magnum Machining designs, engineers, manufactures and assembles precision Computer Numeric Controlled products and components. Magnum Machining currently employs 59 workers at the Deerwood location. The company plans to add 20 new CNC machinist jobs over the next year as a result of the Deerwood facility expansion.

An internal trainer will provide classroom-based, customized machine operator training using 14 Mazak technology learning modules. Classroom training will be followed by hands-on training through Magnum’s Machine Operator Apprenticeship program. The grant will be used to pay wages for the trainer and to purchase the Mazak learning modules.

DEED is the state’s principal economic development agency, promoting business recruitment, expansion and retention, workforce development, international trade and community development. For more details about the agency and our services, visit us at http://mn.gov/deed/. Follow us on Twitter at twitter.com/mndeed.

 

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Upon request, this information can be made available in alternate formats for people with disabilities by contacting the DEED Communications Office at 651-259-7161.