Grant

July 22 - 26, 2013

$1.52 million to the City of Perryville, Perry County, and the Missouri Department of Transportation, Perryville, Missouri, to support construction of a new public roadway and related infrastructure necessary to provide industrial access and expansion of Perryville’s industrial park. The new roadway will allow the planned expansion of two businesses already located in the industrial park and provide improved access to the industrial area, which will reduce truck traffic in congested areas of the city and increase safety in and around the industrial park. In addition, the improvements will enhance the park’s ability to accommodate more business tenants in the future, which will bring new high-wage jobs and private investment to further strengthen the region’s economy. This investment is part of a project totaling $4,699,183 that the grantees estimate will create 215 jobs and leverage $26.97 million in private investment.