U.S. Department of Commerce Invests $1.8 Million to Support Manufacturing in Dorchester County
Contact: EDA Public Affairs Department, (202) 482-4085
August 9, 2017
WASHINGTON – U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is awarding a $1.8 million grant to Dorchester County, South Carolina, to construct a new elevated storage tank that will serve a new foreign-owned aluminum manufacturing facility and other local businesses. According to grantee estimates, the project is expected to create 109 jobs, and generate $42.4 million in private investment.
“The Trump Administration is committed to accelerating economic growth and developing American infrastructure,” said Secretary of Commerce Wilbur Ross. “I look forward to seeing how the new tank will help aid the local manufacturing sector.”
The construction project is for a foreign direct investment establishing its first manufacturing facility producing aluminum cast products located in the United States. The firm’s products will serve both domestic and foreign markets.
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 makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.