StockNews.AI
SWK
StockNews.AI
53 days

DEWALT® Recognizes Student Winners of ABC's Construction Management Competition with Headquarters Visit

1. DEWALT hosted students from Pennsylvania College of Technology's Construction Competition. 2. They experienced innovations and technology shaping future construction jobs. 3. DEWALT's $30 million Grow the Trades initiative supports technical education programs. 4. 39% of students lack networking opportunities for apprenticeships in trades. 5. The initiative emphasizes the importance of real-life learning experiences.

8m saved
Insight
Article

FAQ

Why Bullish?

The initiative shows DEWALT's commitment to future workforce and market demand, potentially enhancing brand loyalty and sales. Historical trends suggest companies focusing on education and tech innovation often see positive market responses.

How important is it?

The investment in workforce development marks a strategic shift that can bolster long-term growth and reinforce demand for DEWALT's products.

Why Long Term?

Continued investment in education and workforce development will yield benefits over years, improving DEWALT's market position. Similar educational partnerships in the past have strengthened tech companies’ reputations and sales trajectories.

Related Companies

SWK
Students stepped inside DEWALT's state-of-the-art innovation center, experiencing the latest in construction technology, /PRNewswire/ -- DEWALT, a Stanley Black & Decker (NYSE: SWK) brand and leader in total jobsite solutions, recently hosted the winning students of Associated Builders and Contractor's (ABC) Construction Management Competition at its headquarters in Towson, Maryland. The group from Pennsylvania College of Technology, visited as part of DEWALT's ongoing commitment to supporting and inspiring the next generation of skilled trades professionals. Students stepped inside DEWALT’s state-of-the-art innovation center, experiencing the latest in construction technology During the visit, students participated in hands-on demos. DEWALT recently hosted the winning students of Associated Builders and Contractor’s (ABC) Construction Management Competition at its headquarters in Towson, Maryland. During the visit, students toured DEWALT's research and development labs, spent time at its Customer Experience and Innovation Center, participated in hands-on demos, networked with DEWALT leaders, engineers, product managers and trade specialists, and gained valuable insights into the tools, technologies and resources shaping the future of the construction industry. "Construction jobs play an essential role in our country's infrastructure and economy, and the need for new talent has never been greater," said James Oh, President and General Manager of DEWALT. "Through our Grow the Trades initiative and partnerships like this, we are committed to supporting the next generation of trades professionals with hands-on experiences, educational opportunities and the resources needed to find success in the trades."   Recent findings from DEWALT's Gen Z in the Trades survey underscore the importance of these opportunities, with 39% of students citing a lack of networking and hands-on experiences as barriers to obtaining apprenticeships in the trades.* "Colleges and universities are important talent pipelines into the construction industry. Exposure to real-life learning opportunities allows these construction management students a chance to gain valuable experiences, informing them how construction projects are built safely and with quality," said Haley Moyers, ABC Director of Workforce Programs and Initiatives. "Thank you to the DEWALT team for hosting ABC's 2024 Student Chapter of the Year, Pennsylvania College of Technology. This experience will help advance their construction career goals."As part of its $30 million commitment over a five year period to its Grow the Trades initiative, DEWALT invests in organizations expanding technical education programs to meet the growing demand for skilled trades. To learn more about DEWALT's Grow the Trades initiative, products and solutions, visit www.DEWALT.com.*Survey included 225 respondents, representing students aged 14 to 18, enrolled in vocational schools (33%) or in skilled trades training programs in high school (67%) across the United States. The research was fielded online between October 23 and November 4, 2024.About DEWALTDEWALT, a Stanley Black & Decker brand, is a leader in total jobsite solutions. For more than 100 years, DEWALT has been powering the future of construction with tools and technologies that have been designed, built and tested to help deliver safety and productivity on every jobsite. For more information, visit www.dewalt.com or follow DEWALT on Facebook, Instagram, TikTok and LinkedIn.About Associated Builders and Contractors (ABC)Celebrating its 75th anniversary in 2025, Associated Builders and Contractors is a national construction industry trade association established in 1950 with 67 chapters and more than 23,000 members. Founded on the merit shop philosophy, ABC helps members develop people, win work and deliver that work safely, ethically and profitably for the betterment of the communities in which ABC and its members work.SOURCE DEWALT WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News