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October 2018

Spotlight: Celebrating Manufacturing and National Hispanic Heritage Months

October 5th kicked off Manufacturing Month with Manufacturing Day, a day to recognize the progress the U.S. has made on its growing manufacturing revival. The Trump Administration is celebrating this month by focusing on leveling the playing field and encouraging innovative opportunities to create more jobs across the country. According to an op-ed written by U.S. Commerce Department Secretary Wilbur Ross, since January 2017, the manufacturing sector has added 348,000 jobs, with year-over-year manufacturing job growth in 2018 increasing at the fastest rate since 1995. In 2017, U.S. manufacturers produced over $6 trillion in gross output, nearing the largest production values on record.

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Manufacturing Day

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Success Story: Swift Factory Food Hub Incubator and Manufacturing Facility Helps to Revitalize Hartford’s North End

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The Swift Factory Groundbreaking Ceremony

When Hartford, Connecticut’s Swift Factory closed its doors in 2005, the city lost a large business anchor. M. Swift & Sons, a leading source of gold leafing for state capitol buildings and historic landmarks across the country, was housed in the Swift Factory for 120 years. It employed many citizens in Hartford’s struggling north end neighborhood. In 2017, EDA awarded $2.8 million to non-profit company Community Solutions, Inc to revitalize the vacant industrial building.

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Highlight: Port of Brownsville in Texas Receives $1.8 Million to Make Infrastructure Improvements that are Expected to Help Create Over 700 Manufacturing-Related Jobs

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Port of Brownsville

Last month, the Port of Brownsville, Texas received a $1.8 million EDA investment to make infrastructure improvements. The Port is an important pillar of the Lower Rio Grande Valley Region of Texas. It is a deep-water seaport, which provides linkage between the road networks of nearby Mexico and the Gulf Intracoastal Waterway of Texas. The investment will improve and expand marine delivery and shipment operations to attract new companies to the region. The project is expected to create 700 jobs over the next five years and spur $3 million in private investment.

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Reminder: Fiscal Year 2018 Disaster Supplemental Funding Still Available

EDA has available $587 million for disaster recovery grants in communities experiencing economic distress or other economic harm resulting from Hurricanes Harvey, Irma, and Maria and wildfires and other federally declared natural disasters occurring in calendar year 2017. Please visit EDA’s Disaster Supplemental Funding page for more.

 

TAAF Annual Report

Read about the Trade Adjustment Assistance for Firms 2017 Annual Report.

 

EDA's University Center (UC) Economic Development Program

The UC program makes the resources of universities available to the economic development community. EDA announced the grantees under the 2017 UC competition in our Denver and Austin regions.

 

Scam Alert

EDA has become aware of a telephone/email scam in which the perpetrator claims that the victim has won an EDA award and needs to provide personal information and a processing fee to claim it. Please note that EDA does not provide grants to individuals and does not ask individuals to disclose personal information. In addition, EDA does not require applicants to submit a processing or other fee. EDA grants can only be obtained by following procedures described in the Notices of Funding Opportunities. If you believe you have been the victim of one of these scams, or for more information, please read the following notice.

 

EDA in the News!

Group hopes to beef up medical manufacturing
Mankato Free Press (10/10/18)

Refinery training facility the result of $1.6M grant for LSCPA
CBS 6 KFDM (10/8/18)

Stearns downtown will be revitalized with $1.1M Abandoned Mine Lands grant
The Lane Report (10/4/18)

$5.3 million grant to help revitalize Katahdin region mill site
Bangor Daily News (9/2718)

KCC to celebration project completion with Tuesday ceremony
Herald and News (9/27/18)

FedEx freight facility to open in Mercedes, creating 125 jobs
Valley Morning Star (9/20/18)

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