Goodwill Industries purchase could boost skilled-trades training

Jun 1, 2018 by


  • Goodwill Industries is closing in on acquisition of skilled-trade company
  • The deal will bring new workforce training opportunities for in-demand jobs
  • CEO expects to complete purchase of a company by year’s end

Dan Varner

Goodwill Industries of Greater Detroit plans to acquire a skilled-trades company that would provide new training ground for in-demand jobs.

Goodwill narrowed the field to three companies and is on track to close on one of them by year’s end, CEO Dan Varner said Thursday during the Mackinac Policy Conference.

Last fall, the Detroit-based nonprofit, which ended 2016 with $22 million in assets, said it was looking to acquire new companies to create new workforce-development-training opportunities in high-demand areas for the people it serves.

Its first acquisition will focus on skilled trades, Varner said, with an eye on companies doing something like on-site construction and repair that will require humans to complete the work for the foreseeable future vs. assembly-line welding that is being automated.

Skilled trades is one of four workforce training areas Goodwill is looking to expand into. The other three include entrepreneurial programs for returning citizens; “caring for people” training in areas such as counseling, health care and care giving; and information technology, through a Google grant made to Goodwill Industries International Inc., Varner said.

Echoing discussions during the conference’s opening sessions on Wednesday, Varner said Goodwill is putting the lens of occupational training opportunities on where the jobs will be in 10 to 20 years.

Source: Goodwill Industries purchase could boost skilled-trades training | Crain’s Detroit Business

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