Tag: skills gap
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Kestrel Biologics Hits Its Hiring Target, With Help It Didn’t Expect to Need
Kestrel Biologics says it has nearly doubled its Bellwater workforce, hitting its two-year hiring target partly by absorbing technicians laid off by rival Ridgeline Therapeutics.
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Bellwater Turbine Works Lands Its First Overseas Buyer
Bellwater Turbine Works will begin shipping turbine components to a Canadian wind developer this fall under its first export contract, though the $22 million deal depends on solving a persistent hiring gap.
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Biotech Jobs on Foundry Row Have Doubled in Five Years, City-Commissioned Report Finds
A new city-commissioned report finds Foundry Row’s biotech cluster has roughly doubled its workforce in five years, though hiring growth has slowed amid a persistent shortage of trained technicians.
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$3.2 Million Federal Grant Expands Tan’s Kincaid Gene-Therapy Lab
Dr. Wei-Lin Tan’s Kincaid gene-therapy lab won a $3.2 million federal research grant, expanding her team even as economists warn it adds to the region’s biotech skills gap.
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Ridgeline Therapeutics Closes $38 Million Round to Compete for Biotech Talent
Ridgeline Therapeutics has closed a $38 million funding round it says is aimed at competing with rival Kestrel Biologics for Bellwater’s limited pool of biotech talent.
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Legacy Manufacturer Bellwater Steel & Fastener Cuts 85 Jobs
Bellwater Steel & Fastener Co. is laying off 85 workers, roughly a quarter of its remaining workforce, citing declining orders and competition from automated out-of-state producers.
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Bellwater Turbine Works Signs Its Largest Contract Yet for Offshore Wind Parts
Bellwater Turbine Works has signed a $92 million contract to supply components for an offshore wind project, its largest order yet, and says it will need dozens of new hires to fulfill it.
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New Bellwater State Deal Sends Students Straight From Classroom to Turbine Floor
Bellwater State University and Bellwater Turbine Works signed a five-year agreement guaranteeing 40 paid apprenticeship slots a year in exchange for the company’s role in shaping the school’s renewable-energy curriculum.
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$28 Million Expansion Targets Waitlists at Community College’s West Bellwater Campus
Bellwater Community College’s board approved a $28 million West Bellwater campus expansion to relieve waitlists in green-energy manufacturing programs.
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Manufacturers and Biotech Firms Sign On to a New Addiction Referral Pipeline
Three Foundry Row employers have formalized a referral partnership with Wayfinder Recovery Services, giving managers a direct path to get employees into treatment rather than losing them.