Latest news with #TCSG
Yahoo
01-05-2025
- Business
- Yahoo
Savannah Tech to benefit from Georgia workforce and education bills signed by Kemp
Georgia Governor Brian Kemp signed three workforce development bills into law on Monday that, according to the governor's press release, "opened pathways for learners of all ages to receive the skills and knowledge they need to succeed." The new Georgia laws expanded dual enrollment and apprenticeship programs as well as established a new adult education option through the Technical College System of Georgia (TCSG). Kemp signed the bills at the TCSG Leadership Summit in Atlanta this past Monday to highlight the state's commitment to furthering the "record-breaking jobs and investment" in communities across the state, which, he reiterated, is the "No. 1 state for business." He was referring to the annual rankings put out by "Area Development Magazine" a publication based out of Westbury, New York and published by Halcyon Business Publications whose president is Dennis J. Shea, who is also the managing director for FastFacility, an economic development site location consultancy. The magazine refers to itself as, "The leading resource covering corporate site selection and economic development." It's best place for doing business rankings are based on feedback from a "select group of experts in site selection," according to a Sept. 10, 2024 press release shared on BusinessWire." Locally, Savannah Technical College (Savannah Tech) leaders expressed gratitude for the new laws which, according to a press release from the college, not only strengthen education pathways but "expand employment opportunities and prepare students and adults across the state for an evolving job market." The college's release also said it is "well-equipped to help students take advantage of the new programs signed into law" as Savannah Tech continues to serve students from Chatham, Bryan, Effingham and Liberty Counties. Kemp signs workforce bills: Gov. Brian Kemp signs three bills supporting workforce development in Georgia TCSG's Dual Achievement Program expansion through House Bill 217 reformed and extended the existing pilot program for another five years. In its first five years, the program was accessible through dual achievement academies at five TSCG institutions: Albany Technical College, Chattahoochee Technical College, Athens Technical College, Atlanta Technical College and Central Georgia Technical College. The program helps students earn a high school diploma awarded by a TCSG and either two TCSG certificates of credit, technical diploma, or an associate degree. Savannah Tech states that the new law will address barriers for families looking to save on post-secondary tuition. The college's press release claimed that the new law "simplifies the financial aid process through data integration between the Georgia Student Finance Commission (GSFC) and the Department of Revenue, making scholarships more accessible." Savannah Tech's press release did not indicate if the college would now be included as a participating institution within the five-year expansion period. Assistant Vice President for Public Relations and Marketing Cynthia Cradduck did not immediately respond to an inquiry prior to publication. Savannah Tech Vice President for Student Affairs Terry Brasier was quoted in the college's release as saying that dual enrollment gives high school students "a head start on their careers or keep moving forward with their education without missing a beat." Brasier noted that dual-enrollment can be particularly beneficial for first-generation college students who experience barriers to higher education. Senate Bill 180 expands TCSG's High-Demand Apprenticeship Program by providing state funding for apprenticeships to industry sponsors in addition to employer sponsors. The legislation's intent is to address labor shortages through programs tailored to employer and industry needs. Savannah Tech Vice President for Economic Development Tal Loos said, 'Apprenticeships are a proven method of integrating valuable, hands-on training with real-world expectations, creating a pipeline of job-ready graduates.' Kemp's signing of Senate Bill 193 established the Adult Workforce High School Diploma Program, an alternative for peopled aged 21 to 40 to earn their high school diplomas through TCSG institutions. TCSG already offers the Career Plus High School Diploma Program for 18 to 20 year olds seeking alternatives to typical high school completion or GED attainment. The Adult Workforce Diploma Program, goes beyond young adults and, as Savannah Tech expressed, "marks a monumental step in addressing educational gaps for adult learners, empowering them to qualify for higher-paying jobs and specialized training." Savannah Tech President Ryan Foley said the bill will help "countless individuals to upskill and achieve their goals," though what constitutes a "higher-paying" job according to TCSG and Savannah Tech was not made clear in the release. The Savannah Morning News sought clarification on this point but did not receive a response prior to publication. Savannah Tech Adult Ed spotlighted: Savannah Tech instructor and student nab adult education nods at State Competition Savannah Tech already offers dual enrollment options and apprenticeship opportunities in industries like aviation, technology and advanced manufacturing. The college underscored these existing resources that offer flexible schedules, career counseling services, and tutoring for adult learners and those returning to complete their high school education or seeking new certifications in the Coastal Georgia community. The college considers itself "the premier provider of career-ready technical education and workforce development in Coastal Georgia," though recent strategic plans shared by new Savannah State University President Jermaine Whirl (previously president of Augusta Technical College) may present some local competition for students seeking technical education pathways. Joseph Schwartzburt is the education and workforce development reporter for the Savannah Morning News. You can reach him at JSchwartzburt@ and JoeInTheKnow_SMN on Instagram. This article originally appeared on Savannah Morning News: Governor Kemp signed workforce bills, Savannah Tech to benefit
Yahoo
28-04-2025
- Business
- Yahoo
Gov. Kemp to sign workforce, education bills supporting students, economy
The Brief Gov. Brian Kemp will sign two major bills Monday focused on education and workforce development in Georgia. A 1 p.m. ceremony at the State Capitol will highlight legislation supporting students, families, and educators. Kemp will sign additional workforce-focused legislation at 3:30 p.m. during the TCSG Leadership Summit in Buckhead. ATLANTA - Gov. Brian P. Kemp will sign two major pieces of legislation Monday aimed at strengthening Georgia's workforce and supporting students, their families, and educators. What we know The first ceremony is scheduled for 1 p.m. at the Georgia State Capitol, where Kemp will be joined by First Lady Marty Kemp, Lieutenant Gov. Burt Jones, Speaker Jon Burns, Constitutional officers, members of the Georgia General Assembly, and education advocates. The legislation focuses on advancing education initiatives across the state. Later that afternoon, at 3:30 p.m., Kemp will deliver remarks and sign additional legislation at the Technical College System of Georgia (TCSG) Leadership Summit at the Grand Hyatt Atlanta in Buckhead. Joined by First Lady Marty Kemp, TCSG leadership, and lawmakers, the governor will highlight efforts to bolster Georgia's growing workforce. Why you should care Both bills are part of Kemp's broader agenda to maintain Georgia's economic momentum and ensure its education system continues to meet the needs of students and industries statewide.
Yahoo
28-01-2025
- Business
- Yahoo
Container Store comes back from bankruptcy after restructuring
The Container Store (TCSG) quickly emerged from Chapter 11 bankruptcy on Tuesday after filing in late December 2024 Yahoo Finance senior reporter Brooke DiPalma shares with Market Domination hosts Josh Lipton and Julie Hyman how the company rapidly met key goals, including refinancing short-term debt and securing $40 million in financing. Despite the bankruptcy filing, the Container Store maintained normal operations and did not lay off employees. Now a private company — they aim for strategic growth, following a trend of post-bankruptcy comebacks seen in businesses like Joanne and The Body Shop. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Josh Lynch Sign in to access your portfolio
