Grant

March 25 - 29, 2013

$3,079,889 to the Port of Garibaldi, Oregon, to fund the reconstruction of the wharf along Commercial Avenue in Garibaldi, which was damaged in severe winter storms in 2011 and led to significant job loss. The reconstruction supports the return of commercial fishing boats to the wharf that have been unable to utilize it since it was damaged, and the diversification and strengthening of the economy into heavier marine manufacturing products. This investment is part of a $4,687,889 project that the grantee estimates will create 250 jobs, retain 32 jobs, and leverage $1.8 million in private investment.
$1.7 million to New College Foundation, Martinsville, Virginia, to support construction of a workforce training center, including classroom and high-bay manufacturing space and associated equipment, at the New College Institute in Martinsville, to serve the city of Martinsville and the counties of Patrick and Henry. The new facilities will allow the Institute to provide training to students in advanced manufacturing, next-generation healthcare, and entrepreneurship, and will address the shortage of skilled workforce in those particular sectors. This investment is part of a $3.5 million project that the grantee estimates will create 160 jobs and leverage $68 million in private investment.
$1,645,200 in FY 2012 Disaster Relief Opportunity funds to the City of Harrisburg, Illinois, to construct improvements to the City of Harrisburg’s waste water treatment plant. Harrisburg suffered severe damage from the 2011 flood and further devastation from a major tornado in 2012. This investment will also support local industries and protect against future floods. The project will add to and improve the filtration system and install an additional pump in the storm water pumping station. This project is expected to leverage $2 million in private investment. This investment is part of a $2,056,500 project that the grantee estimates will leverage $2 million in private investment.
$1.5 million to the Nash Community College and the Trustees of Nash Community College, Rocky Mount, North Carolina, to construct the Corporate Training Wing of the Nash Community College Continuing Education facility on the College’s Rocky Mount campus. The new facility is critical to expanding the College’s existing partnerships with local industries and increasing the capacity of the College to meet the rising demand for skilled employees to work in the advanced manufacturing, transportation, and logistics industry clusters that are emerging as new foundations in the regional economy. This investment is part of a $3,026,643 project that the grantees estimate will create 440 jobs and leverage $5.5 million in private investment.
$1.4 million to the Greater Lafourche Port Commission, Edward Wisner Donation Advisory Committee, Galliano, Louisiana, to fund the construction of improvements to elevate and improve drainage of Theriot Road at Port Fourchon, which is considered the “Gulf’s Energy Connection.” Area companies have been dislocated or experienced lengthy down time due to flooding from various natural disasters, including Hurricane Isaac in 2012. This project will increase disaster resiliency at the port ensuring its continued operation following future flooding events, and enhance the safety and sustainability of the port as the hub for deepwater-offshore energy activity in the Gulf of Mexico. This investment is part of a $3.96 million project that the grantee estimates will create 320 jobs and retain 1,000 jobs.
$1,122,401 to the city of Asheville, North Carolina, to fund critical infrastructure improvements in Asheville—including transportation and waterline upgrades—to strengthen the region’s agricultural cluster and spur economic growth through economic diversification, recreation and tourism, and better utilization of the region’s assets—while ensuring the proper balance in the rich ecological environment of the Appalachian Mountains. The project will revitalize brownfield sites and promote green building and energy efficiency, as well as create jobs in western North Carolina. This investment is part of a $2,244,803 project that the grantee estimates will create 150 jobs and leverage $175 million in private investment.
$610,740 to the Town of Kingstree and the Williamsburg County Development Corporation, Kingstree, South Carolina, to construct critical infrastructure to enable reuse of a former textile facility in Williamsburg County. The region has suffered severe economic distress in recent years because of downsizing and plant closings. This project will increase local manufacturing and strengthen the regional economy. This investment is part of a $763,425 project that the grantees estimate will create 100 jobs and leverage $3.5 million in private investment.
$587,796 to the City of Fort Benton, Montana, to support construction of infrastructure necessary to extend public utilities (water, sewer, and roads) to accommodate development of the new Fort Benton Industrial Park in Chouteau County. The new infrastructure is crucial for development of shovel-ready sites needed to attract and expand businesses, particularly those focused on value-added agriculture and alternative energy. The plant, as proposed, would use innovative technology to convert feed barley into fish food to supply the region’s trout and salmon industries and produce ethanol for sale to Montana refineries. Development of the park will create jobs and attract private investment to the region. This investment is part of a $1.385 million project that the grantee estimates will create 42 jobs and leverage $19 million in private investment.
$400,000 in FY 2012 Disaster Relief Opportunity funds to the Upper Minnesota Valley Regional Development Commission, Appleton, Minnesota, to fund the creation of the new Upper Minnesota Valley Regional Development Commission’s Disaster Recovery Revolving Loan Fund for the five counties served by the Commission and the Upper Sioux Community. The counties – Big Stone, Chippewa, Lac qui Porte, Swift, and Yellow Medicine – suffered from the disastrous floods of May 2011 that destroyed an entire year’s income for farmers and farm workers. Job creation in the region’s cities and towns has become even more important to the workers. This investment is part of a $500,000 project that will give the region’s businesses access to capital through the revolving loans, that the grantee estimates will create 50 new jobs, retain 50 jobs, and leverage $5 million in private investment.