Press Release
September 30, 2024

U.S. Department of Commerce Invests $800,000 to Support the Textile Manufacturing Industry in Morganton, North Carolina

Contact: EDA Public Affairs Department, [email protected]

WASHINGTON – Today, the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding an $800,000 grant to The Industrial Commons in Morganton, North Carolina, to support textile manufacturing in the region.

This grant will provide for personnel and equipment in support of expanding the local textile production industry. This EDA investment will be matched with $500,000 in local funds.

“The Economic Development Administration works closely with local communities to support place-based economic growth,” said Acting Assistant Secretary of Commerce for Economic Development Cristina Killingsworth. “This project will expand the region’s ability to bring new products to market and ultimately to create jobs.”

“North Carolina continues to lead the way as a manufacturing powerhouse in the Southeast,” said Governor Roy Cooper. “This federal funding from the Department of Commerce and the Biden-Harris Administration will help support important personnel and equipment enhancements for the textile industry in the Morganton area.”

“The Industrial Commons is a nationwide leader in promoting local textile production through circularity, and they are a key partner in Western North Carolina’s textile economy,” said Senator Thom Tillis. “I am proud to support this $800,000 grant, which is another important federal investment in their work and in textile manufacturing in Western North Carolina.”

About the U.S. Economic Development Administration (www.eda.gov)
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation’s regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.