The 7investing Podcast An Interview with Hernan Luis y Prado - founder of Workshops for Warriors.
As we sit on the eve of Veteran’s Day, Dan Kline welcomes Hernán Luis y Prado, founder and CEO of Workshops for Warriors (WFW), Workshops for Warriors is a State-licensed, board governed, fully audited 501(c)(3) nonprofit school that trains, certifies, and helps place Veterans, Wounded Warriors, and Transitioning Service Members into advanced manufacturing careers. Students earn nationally recognized portable and stackable credentials.
The program addresses two major needs. First, it helps fill open manufacturing jobs. These are positions that companies need to fill in order to manufacture within the United States. Second, Workshop for Warriors helps veterans find a successful career path after their military service ends.
Why is this important for investors?
There are expected to be 2.4 million open highly-skilled manufacturing jobs in the U.S. over the next decade. WFW has partnered with companies including Ford (NYSE:F) Qualcomm (NASDAQ: QCOM), Boeing (NYSE: BA), and many others to help train veterans to fill those rolls.
This shortfall, however, is a bigger looming problem for American manufacturers than one non-profit can fill. Understanding what’s being done, where demand stands, and what still needs to be done may change how you view manufacturing and the changing job market -- two key areas for investors to focus on.
A Navy veteran himself, Hernán understands how veterans can help solve this problem and why it’s important for the U.S. to build back its manufacturing capacity.
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