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Contact: John Atwood, 202-482-4085
Tuesday, June 26, 2012
WASHINGTON - The U.S. Department of Commerce's Economic Development Administration (EDA) today announced a $1 million Economic Development Administration (EDA) grant to the town of Centerville, Tennessee, to make critical improvements to the town's wastewater treatment plant to support the health care and food production sectors and other local business interests. The project is expected to retain 150 jobs, create 65 new jobs, and generate $10 million in private investment, according to grantee estimates.
"Rebuilding America's infrastructure to support business growth and job creation is a top priority for the Obama administration," said Acting Assistant Secretary of Commerce for Economic Development Matt Erskine. "This EDA investment will help to strengthen the region's health care and food production sectors and serve other vital business needs to create new jobs and attract private investment."
The EDA investment helps fund the rebuilding and expansion of Centerville's water treatment plant, which has been operating at capacity and is in need significant upgrading to accommodate expansion by two major employers. The increased capacity of the wastewater system will allow for the enlargement of both a food processing plant and a medical facility that are located in Centerville.
About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.