What type of funds have been established to assist union contractors in competing with non-union firms?

Industry promotion funds are specifically established to help union contractors compete with non-union firms. These funds typically focus on marketing, advertisement, and promoting the advantages of hiring unionized workers. By enhancing visibility and demonstrating the superior skills and reliability of union contractors, these funds aim to level the playing field against non-union competitors.

Education funds, while important for training and skill development, primarily focus on workforce improvement rather than directly assisting in competitive market positioning. Healthcare funds are related to providing health benefits to workers and do not contribute to competitive strategies against non-union firms. PAC (Political Action Committee) funds are designed for political contributions and advocacy rather than assisting in market competition. Thus, industry promotion funds are distinctly aimed at enhancing the competitiveness of union contractors in the marketplace.