Grant
July 7 - 11, 2014
- $2,229,180 in Public Works funds to South Sioux City, Nebraska, to support construction of upgrades to the wastewater collection system serving the Roth Industrial Park to increase capacity. The upgraded systems will enable existing industries constrained by capacity limitations to expand and grow to accommodate the development of future industries by bringing new jobs and private investment to the region. This investment is part of a $4,458,360 project that the grantee estimates will create 106 jobs and leverage $238 million in private investment.
- $1,642,467 in Economic Adjustment funds to the Madison Railroad, Division of the City of the Madison Port Authority, Madison, Indiana, to upgrade the current rail infrastructure to replace the current track to enable heavier rail cars to haul heavier loads. The project will further the region’s economic development by attracting new industry and allowing a local firm to innovate, expand manufacturing product lines, and move products more quickly. This investment is part of a $3,292,467 project that the grantee estimates will create 15 jobs, save 110 jobs, and leverage $6 million in private investment.
- $1.5 million in Public Works funds to the Quinault Indian Nation, Taholah, Washington, to fund upgrades and new equipment for the fish processing facility in Queets in the Quinault Indian Nation. The project builds on the use of the region’s natural resources as an economic engine, by providing a fully functioning manufacturing facility. Products from this facility are for a growing niche market supported by a public private partnership with national and international marketing capabilities. This project will additionally promote cooperation between tribes in the broader region. This investment is part of a $1.8 million project that the grantee estimates will create 30 jobs.
- $312,000 in Economic Adjustment funds to the Big Sandy Area Development District, Prestonsburg, Kentucky, to support a consortium of nine Area Development Districts to provide technical assistance in the formation and implementation for the Shaping Our Appalachian Region (SOAR) Initiative. The 54-county region also encompasses all Appalachian Regional Commission-served counties in eastern Kentucky. Through ten working groups focused on a variety of economic issues such as recruitment, retention, workforce, infrastructure and regional collaboration, this initiative will focus on strategies and activities to diversify the coal-based economy of eastern Kentucky. This investment is part of a $390,000 project.
- $177,643 in Economic Adjustment funds to the Rocky Mountain World Trade Center Institute, Denver, Colorado, to support a three-point initiative to increase exporting and opportunities for job creation in economically distressed communities in Colorado’s Rocky Mountain Region. The project will provide participants in these communities with online export training, rural outreach training, and an internet-based network that will connect rural exporters to urban exporters and exporting services, which is expected to expand their global markets and create jobs. This investment is part of a $355,287 project.