The Trade Act - A client of mine whose business we sold last fall benefited from this obscure law. Some of their employees qualified for Federal funding of educational costs to learn a new trade, because they were displaced due to the fact that their manufacturing operations were being transferred out of the country by the Buyer, and in this case, to Mexico. Interestingly, it was passed in the 1970's during the Nixon administration. If anyone is interested in this law in more detail, please contact me via my website at www.richardseward.com.
RDS
Wednesday, August 5, 2009
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