Press Release

U.S. Department of Commerce Invests $750,000 to Create Jobs, Strengthen Economy in Blackshear, Georgia

April 22, 2009

EDA Grant Expected to Create or Save More Than 70 jobs, Generate $1.5 Million in Private Investment

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $750,000 grant to the city of Blackshear and the Pierce County Industrial Development and Building Authority, Ga., to help make water and sewer improvements to serve the Pierce County Industrial Park. The project is expected to create or save more than 70 jobs and generate $1.5 million in private investment, according to grantee estimates.

"The Economic Development Administration is pleased to partner with the city of Blackshear and Pierce County Industrial Development and Building Authority to boost business development and job growth," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant will help existing industries expand their operations and greatly improve the marketability of the Pierce County Industrial Park as Blackshear County strives to attract new businesses."

EDA supports the economic development needs of distressed communities throughout the United States. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing American regions for growth and success in the worldwide economy.

Additional information on how EDA investments are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.eda.gov.