JOURNAL ARTICLE

Lowe's is investing $250 million to train plumbers, carpenters, and electricians as its CEO says skilled trades are 'critical to the future'.

  • Published In: Fortune.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Fore, Preston 3 of 3

Abstract

The article focuses on Lowe's investment in addressing the growing shortage of skilled trade workers amid AI-driven workforce changes. Lowe's Foundation plans to invest $250 million over the next decade to train 250,000 workers in trades such as plumbing, carpentry, and electrical work, emphasizing these careers as resilient and well-paying alternatives to AI-impacted white-collar jobs. CEO Marvin Ellison highlights the limits of AI in performing physical tasks and stresses the importance of skilled trades for the future economy. The article also features the experience of a trades entrepreneur supported by Lowe's grants and notes similar investments by companies like BlackRock and Google to expand the skilled trades pipeline. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Engineering
  • Publication Date:2026
  • Accession Number:192851984
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