January 2023 — 3 Quick Items

1. Welcoming a new member!

Please join me in welcoming Liberty Manufacturing Group of Pennsauken as the newest member of NTMA.  Liberty offers saw cutting and CNC milling, custom workholding solutions, and design & development, with 60 years of experience in casting, extrusions and forgings. They can be reached at 856-310-6080 or www.libertymfrg.com

2. Money Matters, part 1

APPLY FOR THESE GRANT OPPORTUNITIESNew Jersey Opportunity Partnership Grant – Application Due January 24, 2023
The GAINS program will provide New Jersey businesses/organizations or current registered apprenticeship sponsor in targeted sectors with support for new Registered Apprenticeship (RA) program development, or existing RA programs who seek to expand into new USDOL approved occupations. The GAINS program will encourage participation by providing a 50% wage reimbursement for up to 12 months of newly hired apprentices’ employment, offset costs incurred for training the new apprentice, and to incentivize employers for hiring registered apprentices from pre-apprenticeship programs. Examples of training costs include: related classroom instructor costs, materials and supplies, supervision by a journey worker, etc.
https://www.nj.gov/labor/research-info/grants.shtml Some other NJ grant offerings are listed here as well.

Federal Grant Offerings — YouthBuild – Application Due Date: February 7, 2023
The purpose of this program is to fund organizations to provide a pre-apprenticeship program model that encompasses education, occupational skills training, leadership development, and high-quality post-program placement opportunities to opportunity youth.   https://www.grants.gov/web/grants/view-opportunity.html?oppId=343870

Building Pathways to Infrastructure Jobs Grant Program – FORECASTED – Estimated Post Date: November 25, 2022, Estimated Application Due Date: January 24, 2023
Funds public-private partnerships to develop, strengthen, and scale promising and evidence-informed training models in industries and occupations critical to meeting the goals of the Bipartisan Infrastructure Law (BIL) and to maximize the impact of these historic investments. This grant program will train job seekers in advanced manufacturing and other sectors.   http://www.grants.gov/web/grants/view-opportunity.html?oppId=343871

3. Money Matters, part 2

The IRS has announced the 2023 optional standard mileage rates for calculating the deductible costs of operating an automobile for business purposes. As of Jan. 1, the standard mileage rate for the use of a car, van, pickup or panel truck is 65.5 cents per mile driven for business use, up 3 cents from the midyear increase setting the rate for the second half of 2022.

2023 brings an increase to the minimum wage for most Garden State employees from $13 to $14.13 per hour. The raise is part of legislation signed by Gov. Phil Murphy in 2019 that calls for the state’s minimum wage to gradually increase to $15 per hour by 2024.