New Jersey A2655 allocates $1.5 million annually from the Workforce Development Partnership Fund to support the New Jersey Manufacturing Extension.
New Jersey A2655 establishes a permanent funding source of up to $1.5 million annually for the New Jersey Manufacturing Extension Program, Inc. (NJMEP) from the Workforce Development Partnership Fund. NJMEP is a private, non-profit organization that aims to improve the profitability and competitiveness of manufacturers in New Jersey by enhancing productivity, efficiency, reducing costs, and improving employee performance. The bill reduces the allocation to the Office of Customized Training by $1.5 million to fund NJMEP. The act takes effect immediately.
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