Calvert Company Approved for Funding
Wacker Polymers in Calvert City has received approval for a training project at West
Kentucky Community and Technical College that will be funded with $162,000 from the
Kentucky Workforce Investment Network System (KY WINS).
Wacker Polymers, a chemical company headquartered in Munich, Germany, is the global technology leader in high-quality binders and polymer additives. The Calvert City plant consists of two production areas Dispersions and Powders.
WKCTC's Workforce Solutions Center will work with the company over the next 12 months to provide staff training that would normally cost $248,000. Because of the KY WINS funding, Wacker will only pay 35% of the projects costs.
Mary Beth Hudson, site manager at Wacker, said the company's commitment to its Calvert City operation is demonstrated in its investment in its employees. People are the foundation of our operation, she said.
Hudson said she expects the enhanced skills and knowledge employees gain through the training program will translate to improvements that will generate $8 million in savings opportunities. She added, Our goal is for our dispersions and dispersible powder manufacturing to be globally competitive world-class operations.
KY WINS is the centerpiece of the Kentucky Community and Technical College System (KCTCS) workforce and economic development efforts. Through KY WINS KCTCS colleges work with businesses and industries to provide the training their employees need to keep companies competitive in today's global economy.
Through KY WINS, companies receive funding to assist with the cost of providing workforce training and assessment services to current as well as potential employees. KY WINS funds are distributed on a project basis and require a company cash match of 35%. Workforce Solutions staff will assist companies in developing training plans and applying for KY WINS funding, said Deborah Pape, vice president of economic development at WKCTC.
Hudson said Wacker chose WKCTC to provide training for its employees because of the colleges professional, experienced training staff and training facilities. The financial savings of receiving KY WINS funding was also a plus, she said.
They have local staff and facilities, and understand our culture as well as are able to adapt training to our specific needs, she said.
For more information about KY WINS training funding, call 534-3335.