MATAAC extends a helping hand to US manufacturers
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Manufacturing News, Source : The Manufacturer US
Published : 09 Apr 2008 11:46
The MidAtlantic Trade Adjustment Assistance Center (MATAAC), sponsored by the US Department of Commerce, has launched a new website to help mid-Atlantic manufacturers to work through the grant application process.
The grants are made available to firms that have experienced negative effects as a direct result of foreign competition – suffering a decline in employment, sales or production for example.
“In order to level the playing field against low-cost overseas competition, many US manufacturers must invest in new technology, efficiency upgrades, training and education, cost-control programs and new product development,” said director of MATAAC William J Bujalos. “Companies can apply for our grants at no charge, and those that qualify can use the funds to pay for consulting services to help implement projects intended to improve competitiveness.”
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