Assistance for Companies Facing Foreign Competition
June 22 @ 12:00 pm - 12:45 pmFree
We all recognize that U.S. manufacturers make the best quality products in the world. We also know it’s difficult for companies to compete on wages with China, Malaysia, Vietnam, Taiwan and other countries. Whether you’re an OEM or in the supply chain, if you’ve seen work go overseas, there’s strategic help available to assist your business.
This lunch and learn webinar will detail the Mid-Atlantic Trade Adjustment Assistance Center (MATAAC) offerings for a long-term strategy to assist small- and medium-sized manufacturers who have seen a decline in sales and/or employee numbers due to orders that have gone overseas. It doesn’t have to be direct work, and in some cases, it can be just a segment of your business -not the entire business.
Manufacturers may be familiar with Trade Adjustment Assistance (TAA) for getting employees retrained, but are unaware of the support on the business-side. We’ll review TAA’s cost-sharing opportunities with up to $100,000 in matching grant assistance available for a single company. The goal of customized technical assistance is to help your company adjust and rebound over the next 3- to 5-years through implementing various projects.
Presenter: Kamarah Pasley, Director of Business Development, MATAAC
MATAAC is funded by the U.S. Department of Commerce Economic Development Administration (US EDA) and is charged with managing Trade Adjustment Assistance (TAA) for firms.