BlackRock (BLK) is committing $100M of grant capital to fund and expand training programs in skilled trades, Jack Pitcher of The Wall Street Journal. The Future Builders initiative, the company’s new program, will work with nonprofit and other workforce-development partners to support workers through each of their stages of development. The donation will be announced at BlackRock’s infrastructure summit in Washington and follows BlackRock research showing demand for electricians, HVAC technicians, plumbers and ironworkers will outpace the current training capacity.
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