Grant

March 4 - 8, 2013

  • $2,277,350 to the City of Marinette, Wisconsin, to fund the expansion of water, sewer, and road infrastructure in the vicinity of Main and Stanton Streets in Marinette. This project supports the growth of local ship builders who will be building the US Navy's new littoral combat ship providing high-skill high paying jobs and increased participation in the region's growing defense and manufacturing sectors. This investment is part of a $4,554,700 project that the grantee estimates will create 100 jobs and generate $50 million in private investment.
  • $1.2 million in FY 2012 Disaster Relief Opportunity funds to the Economic Development Partnership of Alabama Foundation, Inc. and the University of Alabama in Huntsville, Alabama, to support the development of information, analytical methods, and tools to help communities across Alabama build targeted strategies to diversify their regional economic base and mitigate the impact of future disasters. Much of Alabama experience natural disasters in 2011 that severely impacted small business, including the destruction of manufacturing plants and significant damage to central business districts. This project has four components, target sector analysis, transportation and logistics, supply chain analysis, and a simulation and visualization tool. This project is closely affiliated with "Accelerate Alabama" a statewide economic development plan. This investment is part of a $1.5 million project.
  • $1,044,248 to the City of Rolla, Missouri, to support the construction of upgrades to the water, sewer and road infrastructure for an industrial park at the Rolla National Airport. The project is part of a comprehensive master plan for development of the Rolla National Airport. The infrastructure improvements support expansion of existing companies, including advanced manufacturing businesses and others seeking to locate in the industrial park, while improving air transportation for the region. This investment is part of a project totaling $2,389,519 that the grantee estimates will create 65 jobs and generate $13 million in private investment.
  • $378,000 in FY 2012 Disaster Relief Opportunity funds to the City of Granite Falls, Minnesota, to support the construction of a new wastewater lift station to replace the system that was damaged in the floods of 2011. This project will increase resiliency to future flooding events and offer businesses and residents greater confidence in the City's preparedness for future natural disasters and will mitigate the flood risk. This investment is part of a $1.512 million project.