NTMA Praises Release of Federal Workforce Development Grants

Experienced strategic operations leader Ramon Anthony Jadra serves JFive, LLC, as a business consultant. In this role, he consults with aerospace and defense industry representatives on strategies to improve business efficiencies, outcomes, and profitability. Ramon Anthony Jadra is a past member of the National Tooling and Machining Association (NTMA).

NTMA, along with advocacy partner Precision Metalforming Association (PMA), praised the Trump administration for authorizing the release of federal workforce development grants that will create collaborative partnerships with educational institutions, businesses, and trade associations. In addition to $183.8 million in federal workforce development grants, another $100 million in grants will promote apprenticeship programs.

By 2025, there is expected to be a labor gap in the manufacturing sector. The grants will be instrumental in helping manufacturers attract the best and brightest workers now for the next generation.

In a statement, NTMA interim president Doug DeRose said NTMA has made workforce development a priority for more than a decade. The grants will provide significant help for the industry to close the skills gap in the manufacturing sector, DeRose said.

Millions of dollars have already been spent by NTMA and PMA on workforce development programs through their foundations. These programs have helped attract, train, and retain skilled workers in the manufacturing industry. With the federal grants, NTMA and PMA are looking to strengthen partnerships with stakeholders, such as the National Institute for Metalworking Skills, to train American manufacturing workers for the future.

Key Rules of Triathlon Competitions

A business consultant at JFive LLC, Ramon Anthony Jadra has worked in the aerospace and defense industries since 1991, first serving in executive roles at Raloid Corporation. In his free time, Ramon Anthony Jadra is an endurance athlete who enjoys triathlons; he has participated in the Ironman Triathlon Circuit for close to ten years.

Triathlon is considered a multidisciplinary sport that combines running, cycling, and swimming, with a transition process between each activity. The transition is often considered to be a fourth triathlon discipline, as athletes require unique skills to move quickly from swimming to cycling, and from cycling to running.

Among the general rules of triathlon are the requirements that if participants leave the field of play for any reason, they must re-enter it at the exact same spot, and that outside assistance from people other than a race official is expressly forbidden.

When swimming, athletes can use any stroke and can also rest by standing or holding an object such as a boat. While swim aids such as swim gloves or flotation devices are forbidden, participants can wear goggles when swimming.

When cycling, participants can only mount their bikes when their helmet is secured. For the running component of the triathlon, participants are forbidden from making forward progress by crawling.

What is a Buy-Sale Agreement?

  Before starting work at JFive LLC as a business consultant, Ramon Anthony Jadra held several leadership positions at the Raloid Corporation over a period of more than two decades; most recently, he served as its president. In 2017, Ramon Anthony Jadra brokered a buy-sale agreement for the corporation, negotiating the terms, conditions, and a premium sale price of $28M.

A buy-sale (or buy-and-sell) agreement is a contract between two parties that stipulates how a company’s shares will be reallocated in cases where an owner or partner leaves the business, retires, or dies. This agreement typically requires the sale of shares to the remaining partners, or to the company, as determined in the document.

There are two common forms of buy-sale agreement: A cross-purchase agreement and a redemption agreement. The first type of agreement enables the remaining owners of the business to purchase the shares that become available for sale. The second type gives share purchasing power to the business entity.

A combination of cross-purchase and redemption agreements is also possible. In this case, certain portions of the shares for sale are made available for purchase by the partnership while other portions are made available to individual partners.

Health Benefits of Endurance Training

  A business consultant at JFive, LLC, Ramon Anthony Jadra has nearly 30 years of experience as a business leader in the aerospace and defense industries. Ramon Anthony Jadra is an endurance athlete and has participated in athletic events such as the Ironman triathlon circuit and mountain bike races.

Endurance athletes are individuals with a high ability to withstand pain and fatigue during rigorous training. Endurance training includes activities that increase heart rate and breathing. Some examples of endurance training include jogging, cycling, and swimming.

Endurance training offers several health benefits. The American Health Association affirms that endurance training can help keep the lungs, heart, and circulatory system healthy, while also reducing risks of diseases such as stroke, diabetes, and heart diseases.

It is noted, though, that individuals must gauge their endurance training on their abilities and health conditions. If the person has just recovered from a stroke or heart attack, he or she must talk to a doctor before starting to exercise.