Grant
June 29-July 5, 2018
- $12,615,908 for 11 Economic Adjustment Assistance projects as follows:
- $2,272,895 to America’s Central Port District, Granite City, Illinois, to fund the construction of a rail spur, rail uploading pit and driveway improvements to serve the primary harbor storage building at America’s Central Port Manufacturing and Transportation Facility in Granite City, Illinois. In addition, the project will repair and renovate the site to allow the Port to attract new tenants to the property, which will bring in new investment, jobs, and related economic activity to diversify and strengthen the regional economy. The grantee estimates that this investment will help create 16 jobs, save 32 jobs, and leverage $1.2 million in private investment.
- $2,142,247 to the City of Waukegan, Illinois, to fund critical infrastructure to support the redevelopment of roadway to serve and improve industrial property in the City of Waukegan, Illinois. Once completed, the project will help to create and retain jobs, and generate private investment to assist the City with its resiliency efforts. The grantee estimates that this investment will help create 8 jobs, save 10 jobs, and leverage $3 million in private investment.
- $2,031,480 to the Trustees of James Sprunt Community College, North Carolina, to fund construction of the James Sprunt Community College Health Education Facility in Duplin County, North Carolina. The project will build a two-story classroom, lab facility and workforce training space to facilitate the expansion of the licensed practical nursing and registered nursing programs. Completion of the project will foster development of a skilled workforce in a rural economically disadvantaged region that has been impacted by Hurricane Matthew. The grantee estimates that this investment will help create 111 jobs and leverage $12 million in private investment.
- $1.624 million to the Puerto Rico Trade and Export Company, San Juan, Puerto Rico, to fund an entrepreneurial assistance and accelerator program that will deliver technical assistance and support through centers located in San Juan. The project will establish three business assistance centers to support entrepreneurs and business owners with the basic services needed to continue their operations during disaster recovery. The centers will provide co-working space, access to shared services, business training and technical assistance, and support in product development and commercialization. Completion of the project will foster conditions that support job creation and strengthen Puerto Rico’s devastated entrepreneurial environment. The grantee estimates that this investment will help create 90 jobs and save 60 jobs.
- $1.5 million to the City of Johnson City, Tennessee, to fund construction of wastewater improvements to support the expansion of a flooring manufacturing business and provide necessary infrastructure for industries to expand and locate in the City of Johnson City. Completion of the project will enable business enterprises in the area to operate more efficiently and expand their economic capacity, which will foster conditions that support the creation of jobs and leverage private investments. The grantee estimates that this investment will help create 200 jobs, save 200 jobs, and leverage $9 million in private investment.
- $990,700 to the Henderson County Fiscal Court and the City of Henderson, Kentucky, to fund expansion of Ohio Drive in Henderson County, Kentucky, to meet the current and planned transportation needs of the existing local industries. The project will expand the current road width, add a center turn lane and improve the efficiencies of supply-line deliveries and outgoing shipments. Completion of the project will bring together the public and private sectors to create and economic development roadmap to strengthen the regional economy, support capital investment and create jobs. The grantees estimate that this investment will help create 39 jobs, save 270 jobs, and leverage $8.3 million in private investment.
- $969,000 to the City of Lake Norden, South Dakota, to support the improvement of the City of Lake Norden’s drinking water system including the development of new wellfield, piping from the wellfield to the water treatment facility, and other infrastructure improvements. Once completed, the project will allow manufacturing companies to expand its production facilities, which will strengthen the local economy, support private capital investment and create jobs throughout the region. The grantee estimates that this investment will help create 125 jobs and leverage $220.67 million in private investment.
- $686,586 to the North Sioux City Economic Development Corporation and the City of North Sioux, South Dakota, to fund construction of an access road, water main, and storm sewer in the Flynn Business Park North in North Sioux City, South Dakota. Completion of the project will allow current companies located in the park to expand as well as attract new companies, which will foster conditions that support the creation of more, higher paying employment opportunities for the region’s workforce. The grantee estimates that this investment will help create 33 jobs, save 8 jobs, and leverage $12.8 million in private investment.
- $180,000 to the Golden Crescent Regional Planning Commission, Victoria, Texas, to fund the hiring of a Regional Disaster Recovery Management Team to serve all Hurricane Harvey communities and local governments within the Golden Crescent Region in the State of Texas. The Team will serve as liaisons between local, state, and federal partners in order to speed the recovery process through strategic technical assistance and local capacity augmentation for the highly impacted area. This investment will help facilitate the economic resiliency component of the regional comprehensive economic development strategy, which will prepare and equip the region with mitigation and reliance tools that will reduce the interruption of operations caused by future natural disaster events.
- $159,000 to the Imperial Calcasieu Regional Planning and Development Commission, Lake Charles, Louisiana, to fund the hiring of a Regional Economic Disaster Recovery Manager to mitigate the continued hurricane, flooding and disaster impacts and facilitate recovery for the Imperial Calcasieu region in Lake Charles, Louisiana. Through the aid of the regional disaster manager other assistance will include emergency preparedness training, development of crisis communication plans, and business analysis impact studies. The recovery manager will help to create a stable economic climate for business attraction and retention, as well as improving the well-being of the region’s citizens when faced with potential devastating disasters.
- $60,000 to the Perry County Fiscal Court, Hazard, Kentucky, to support planning for the implementation of the Drone Port of Kentucky project. The investment will help to provide the necessary resources to initiate a study and implement a long-term, job-creation, aerospace, advanced manufacture testing and educational center in southeastern Kentucky. Completion of the project will bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, create jobs and support private capital investment. The grantee estimates that this investment will help create 200 jobs, save 155 jobs, and leverage $12.5 million in private investment.