Press Release
U.S. Commerce Secretary Gary Locke Announces $2.2 Million Recovery Act Grant to Create Jobs and Boost Development in Elk City, Oklahoma
June 4, 2009
Contact: Bryan Borlik, (202) 482-4085
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $2.2 million Economic Development Administration (EDA) grant to Elk City, Okla., for storm water drainage and infrastructure improvements to expand the Elk City Industrial Park. The project, made possible because of the American Recovery and Reinvestment Act of 2009 (ARRA), is expected to help sustain employment in the community.
"The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation's economic competitiveness," Locke said. "This grant will help to create new jobs and boost private investment in the region by building the infrastructure needed to improve and expand the Elk City Industrial Park."
The ARRA was signed into law by President Obama on February 17, 2009. It is providing immediate relief for American families and jump-starting billions of dollars in new projects that are creating jobs, improving infrastructure and strengthening local economies.
The Department of Commerce is a voice for Main Street businesses. It focuses on creating jobs by fostering innovation and opening markets to U.S. products. Locke is a key member of President Barack Obama's economic team.
EDA is an agency within the U.S. Commerce Department and 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.