![]() The memorandum provides a framework for our governments to support even more investments and opportunities for American workers and for Austrian companies to build diverse, high-skilled workforces through Registered Apprenticeships.” “Austrian investment in communities across the United States are creating new pathways through apprenticeships, empowering more Americans to gain skills and enter quality jobs. “The Department of Commerce deeply values our critical partnership with the Austrian government as memorialized through the signing of this memorandum,” said U.S. ![]() I am very pleased that Austria’s apprenticeship model continues to serve as inspiration for other companies in the U.S.” Margarete Schramböck. “Apprenticeships benefit our economies and societies, ensure a talent pool of skilled workers, and can positively influence a company’s innovation capabilities and productivity. “The signing of this Memorandum of Understanding reinforces the strong bilateral relationship between Austria and the United States and recognizes the added-value of Austrian-style apprenticeships in the U.S.,” said Austrian Minister of Economic Affairs Dr. currently has similar MOUs with Germany and Switzerland to establish new apprenticeship programs, increase awareness of opportunities and create career pathways for Registered Apprentices. Specifically, the MOU will promote the exchange of ideas and best practices for expanding apprenticeship programs in both countries. and expand opportunities for America’s workers.” Through these programs we can increase foreign investment in the U.S. “The partnership will help promote the establishment, growth and diversification of Registered Apprenticeship programs. “Registered apprenticeships are a proven model for workers and employers that create paths to good paying, middle class jobs,” said U.S. EGGER’s program has 30 apprentices currently enrolled and is planning to enroll 12 additional apprentices this year alone. EGGER is an Austrian firm that started a Registered Apprenticeship program in partnership with the Davidson-Davie Community College, based off experience with the Austrian apprenticeship model. through increased investments in Registered Apprenticeship programs. The ceremony at EGGER Wood Products in Linwood, North Carolina, the company’s first manufacturing plant in North America, highlighted the newly ratified agreement to increase employment and training opportunities in Austria and the U.S. Departments of Labor, Education and Commerce and Austria’s Federal Ministries for Digital and Economic Affairs, Labor, Education, Science and Research. Secretary of Education Miguel Cardona and Secretary of Commerce Gina Raimondo also signed the MOU between the U.S. Austria invests heavily in the U.S., a total of $17.18 billion in 2020, which sustains 33,500 jobs in the U.S., primarily in the areas of industrial equipment, software and IT services. to promote job creation in both countries. Margarete Schramböck signed a memorandum of understanding today to expand apprenticeship and other high-quality work-based learning programs among Austrian companies and Austrian-invested companies in the U.S. Secretary of Labor Marty Walsh and the Austrian Minister of Economic Affairs Dr. ![]() Signing ceremony took place at EGGER manufacturing plant in North Carolina
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