KCTCS NEWS RELEASE - for
immediate release
Contact: Bryan Armstrong, (859) 246-3210
Note to editors: Sidebar to release on fund-raising campaign
Project: KCTCS Center of Excellence in Automotive Manufacturing
Lead Donor: Toyota Motor Manufacturing, Kentucky, and Toyota Motor Manufacturing, North America
TMMK Investment: $500,000 over five years ($250,000 from TMMK and $250,000 from TMMNA)
Purpose: To enhance the skill levels of automobile-industry employees and increase the viability of automotive manufacturing in Kentucky
Background: Approximately
5.7 percent of Kentuckys workforce is employed (directly or indirectly)
in an automotive-related industry. Kentuckys auto industry generates $5.5
billion in wages and benefits, including spin-off employment. Kentucky is the
4th largest producer of cars and the 3rd largest producer of trucks in the United
States. Todays businesses and industries are faced with serious challenges
in remaining competitive and profitable. Rapid technological advances, a growing
number of older and more diverse workers, constantly changing workplace standards
and safety issues, and the globalization of markets make it increasingly difficult
for industries to succeed in the new economy of the 21st Century. For Kentucky
industries, the challenge is even tougher due to the historically low levels
of educational attainment and technological sophistication of our citizens who
comprise our current and future workforce. Kentucky is uniquely positioned to
become the nations No. 1 state in automotive production and related industries,
but to do so will require a highly educated and trained workforce capable of
meeting industry demands in a globally competitive marketplace.
What KCTCS will do:
Expected outcomes:
Regions to benefit: Central Kentucky Technical College in Lexington and Gateway
Community and Technical College in Northern Kentucky will begin implementation
of this concept. All colleges in KCTCS will be eligible to provide services
to partners at all campus locations as part of the KCTCS Center. The KCTCS Center
will benefit all of Kentucky and other strong automotive manufacturing states
such as Michigan, Ohio, Missouri, Illinois and Tennessee.
FOR MORE INFORMATION, CONTACT
THE CAMPAIGN OFFICE AT 859-246-3377