Grant

August 25 - 29, 2014

$1.4 million in Public Works funds to the City of Kingsport, Tennessee, to construct infrastructure to provide businesses a consistent, reliable water supply and mitigate failures from natural or man-made events. The project will support new business growth and the major expansion of the area’s chemical industry. This investment is part of a $4.875 million project that the grantee estimates will create 120 jobs and leverage $640 million in private investment.
$1.5 million in Economic Adjustment funds to Alexander County and the Catawba Valley Community College-Hickory, Alexander County, North Carolina, to renovate the Alexander Applied Technologies Building on the Catawba Valley Community College Satellite Campus in Alexander County. The project supports a public-private partnership in workforce development for advanced manufacturing technologies with state-of-the-art welding and metallurgy training, and advanced technology upholstery, cutting, and sewing. The labs to be created are tied to industry needs and prepare the regional workforce with skills for available jobs. This investment is part of a $2,613,596 project that the grantees estimate will create 226 jobs and leverage $2.525 million in private investment.
$1.152 million in Public Works funds to the City of Maysville, Kentucky, to construct a new water tank to increase the City’s water system capacity and to provide fire protection to existing and expanding manufacturers and suppliers in the automotive cluster. The project will help retain numerous employers in two industrial parks and allow for manufacturing jobs to be re-shored and expanded. This investment is part of a $1.92 million project that the grantee estimates will create 105 jobs, save 660 jobs, and leverage $60 million in private investment.
$300,000 in Economic Adjustment funds to the Town of Estes Park, Colorado, to fund a regional economic diversification and industry cluster, job retention and recovery strategy for Estes Park and Estes Valley, in the wake of the federally declared flood disaster that continues to impact the economy in the region. The strategy establishes a collaborative action plan to provide critical economic recovery services to boost business development and job growth in the Estes Valley region. This investment is part of a $300,000 project.
$245,000 in Economic Adjustment funds to the Region 10 League for Economic Assistance and Planning, Montrose, Colorado, to fund an economic adjustment strategy for Delta and Gunnison counties to enhance the region’s economic resiliency and sustainability following a recent coal mine closure. The project provides an in-depth, data-driven analysis that prioritizes actions aimed at creating a more robust and diversified economy. This investment is part of a $403,000 project.