Press Release
U.S. Department of Commerce Invests $199,980 to Create Jobs, Strengthen Economy in Chilton, Wisconsin
August 31, 2009
Contact: Bryan Borlik, (202) 482-4085
EDA Grant Expected to Create 156 Jobs and Generate $3.1 Million in Private Investment
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $199,980 grant to the city of Chilton, Wis., to help build storm water infrastructure improvements to serve a city-owned industrial park. The project is expected to create 156 jobs and generate $3.1 million in private investment, according to grantee estimates.
"The Economic Development Administration is pleased to partner with the city of Chilton to boost business development and job growth," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant will provide the critical storm water infrastructure needed to boost existing business expansion plans and to attract new businesses and jobs to the region."
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.