Stoughton, Mass.-based STD Med Inc. won $43,000 in workforce development funding from Massachusetts.
The grant is part of $1.3 million in workforce training funds for Bay State.-based companies announced by Gov. Deval Patrick April 27.
STD Med president Steven Tallarida said the funding will go toward increasing the efficiency of the company’s manufacturing processes. The medical device contract manufacturer will be partnering with the non-profit Greater Boston Manufacturing Partnership to implement lean manufacturing principles.
STD Med will also invest its own resources, more than three times the grant amount, in the project.
In February, STD Med purchased a 32,000-square-foot space in West Bridgewater, Mass., announcing plans to hire 50 new employees.