U.S. Department of Commerce Invests $2 Million to Support Aerospace Sector in Oklahoma
Contact: EDA Public Affairs Department, (202) 482-4085
September 20, 2017
WASHINGTON – U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to the Oklahoma City Airport Trust of Oklahoma City, Oklahoma, to expand hangars at Will Rogers World Airport to boost the capacity of aircraft maintenance, repair, and overhaul businesses to work on larger aircraft.
“President Trump has been clear on the need to renew and rebuild crumbling American infrastructure from coast to coast,” said Secretary of Commerce Wilbur Ross. “The improvements at the Will Rogers Airport will provide a boost for local economy allowing for new opportunities and further business development in Oklahoma City.”
This project was made possible by the regional planning efforts led by the Association of Central Oklahoma Governments. EDA funds the Association of Central Oklahoma Governments to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.
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.