About Us

What is NETAAC?

The New England Trade Adjustment Assistance Center, Inc. (NETAAC) located in Lowell, Massachusetts, is a government funded non-profit organization that offers cost-shared assistance to import-impacted manufacturers through a grant from the U.S. Department of Commerce. NETAAC’s goal is to help New England manufacturers increase profitability and retain employees while competing against imported products.

What is a TAAC?

There are eleven Trade Adjustment Assistance Centers (TAAC) located across the country. TAACs are government funded non-profit organizations that offer cost-shared assistance to import-impacted manufacturers. The TAAC’s purpose is to administer the Trade Adjustment Assistance (TAA) for Firms program within the United States. TAA for Firms is a nationwide program managed by the Economic Development Administration (EDA) under the U.S. Department of Commerce. The program provides technical assistance to help trade-impacted manufacturers remain competitive in the global market.

What does NETAAC offer?

Manufacturers that have experienced recent declines in sales and employment, due at least in part to increasing imports of competitive products, are eligible for participation in the program. The federal government pays a percentage of the cost of consulting services designed to help the firm improve its competitive position. (The federal government pays 75% of costs, if the firm requests $30,000 or less of assistance; 50% of costs if the firm requests over $30,000.)

NETAAC strives to provide timely, cost effective and material business services to manufacturing clients within the six New England states. It is NETAAC's philosophy that the only true protection for U.S. workers and industries versus foreign competition is for domestic manufacturers to be profitable, with manufacturing process technology and labor productivity that is equal to or better than World Class standards. NETAAC is committed to assisting manufacturers achieve this goal. NETAAC is dedicated to analyzing the existing operating conditions of our client organizations to determine their strengths and weaknesses, and their standing within the marketplace. Based on this analysis, strategies are developed and implemented that can enable our clients to increase profitability and productivity. Most importantly, NETAAC will aid New England manufacturers in implementing these strategies to enhance their manufacturing processes and capabilities enabling them to compete in an increasingly interdependent and competitive global economy.