SUMMARY OF EDA INVESTMENTS

December 24-31, 2009

EDA announced 30 investments greater than $100,000 during the period December 24-31, 2009, totaling $51.4 million. These investments are part of projects totaling $77.7 million that the grantees estimate will create 6,172 jobs, save 1,420 jobs, and generate $596.8 million in private investment.

$4.8 million in disaster recovery funds to the City of Gulf Shores and the Airport Authority of the City of Gulf Shores, Alabama, for construction of a dry dock on the intra-coastal waterway, with lift and berthing piers to service and repair oceangoing vessels. The project will benefit the City of Gulf Shores and the region by attracting a variety of private companies and creating and saving jobs to help the region recover from Hurricanes Katrina, Gustav, and Ike. This investment is part of a $5.9 million project that the grantee estimates will create 94 jobs, save 50 jobs, and generate $4.5 million in private investment.

$4.2 million to the City of Hermitage, Pennsylvania, to construct the LEED-certified Technology Innovation and Development Center at the LindenPointe Innovative Business Campus in the City of Hermitage. The Center will provide high-tech workforce training for the Ohio/Pennsylvania interstate region, which is moving to expand the semiconductor and technology industry clusters and biomedical and biotechnical clusters. The Center will help to diversify the regional economy and bring living wage jobs to the region, which has lost thousands of steel industry jobs. This investment is part of a $5.4 million project that the grantee estimates will create 100 jobs and generate $10 million in private investment.

$4 million in disaster recovery funds to the City of Robstown and the Nueces County Water District No. 3, Texas, to fund water system infrastructure for the Robstown Trade Processing and Inland Center. The Center will enhance the regional economy, create jobs, and assist with global competitiveness. The construction will also mitigate possible future storm damage and help the region recover from the economic impact of Hurricanes Dolly and Ike. This investment is part of a $5 million project that the grantee estimates will create 540 jobs.

$3.9 million in disaster recovery funds to McNeese State University, Lake Charles, Louisiana, to fund construction of a high-tech entrepreneurial center in Lake Charles by McNeese State University, which is partnering with a number of regional economic development organizations in this effort to recover from recent Hurricanes Gustav and Ike. The Southwest Louisiana Entrepreneurial Economic Development Center (SEED) will assist the entrepreneurs and start-up companies and group businesses in shared physical space to maximize information sharing and access to campus assets. This investment is part of a $9.7 million project that the grantee estimates will create 302 jobs.

$3.3 million in disaster recovery funds to the Madison Area Technical College, Wisconsin, to fund three years of technical training in manufacturing automation and robotics to strengthen a globally competitive workforce in this region severely impacted by the Midwest floods of 2008. The portable training centers developed by the Madison Area Technical College will be delivered to three pilot cities, Portage, Reedsburg, and Waterloo. The increased productivity of local firms will have a positive economic impact on the recovery of the region. This investment is part of a $4.5 million project.

$3.2 million in disaster recovery funds to the Town of Worthington, West Virginia, to fund repairs and upgrades to the Town's sewage treatment facility to address damage caused by flooding and a lightning strike. All parts of the new system will be elevated above the 100-year floodplain. The repairs will almost triple the capacity of the facility and enable the region to diversify the economy with medical, industrial, and technological businesses related to the nearby High Tech Corridor along I-79. This investment is part of a $4 million project that the grantee estimates will create 300 jobs and generate $10.5 million in private investment.

$2.5 million in disaster recovery funds to Beaufort County and the Beaufort County Community College, Washington, North Carolina, to fund construction of the Allied Health and Nursing Training Center on the campus of Beaufort County Community College. The new energy-saving facility will be LEED-certified and will provide much-needed healthcare workers for the four regional private hospitals. The workers will fill higher-skilled, higher-wage jobs and be prepared as first responders in emergencies like Tropical Storm Hanna (2008). This investment is part of a $6.6 million project that the grantee estimates will create 619 jobs and generate $208.3 million in private investment.

$2.5 million to the City of Chico, California, to fund completion of improvements to Cohasset Road, the arterial connecting the airport to three job centers - the airport industrial center, Sky Creek Business Park, and Thorntree Industrial Park - and through Highway 99 to the rest of California. The project will have a regional economic impact by attracting manufacturing jobs and enabling business expansion. This investment is part of a $5 million project that the grantee estimates will create 1,140 jobs, save 285 jobs, and generate $11.4 million in private investment.

$2.4 million in disaster recovery funds to the City of Portage, Wisconsin, for construction of infrastructure for an industrial park and a business incubator with docking space for advanced manufacturing training through the Madison Area Technical College to create a ready workforce. The incubator building will be constructed according to Leadership in Energy and Environmental Design (LEED) standards. This multi-faceted approach will create much-needed living wage jobs and implement a regional economic development strategy to recover from the devastating flood of 2008 and become globally competitive. This investment is part of a $3.4 million project that the grantee estimates will create 720 jobs and generate $25 million in private investment.

$2 million in disaster recovery funds to St. Charles Parish, Hahnville, Louisiana, to construct a railroad spur to connect the Union Pacific rail line with a major intermodal terminal facility for the Port of South Louisiana. The rail spur will initially serve a new scrap metal recycling business and will provide bulk material transportation for all tenants of the new facility. The jobs created and saved will benefit this region, which endured hurricanes Rita and Katrina in 2005 and hurricanes Gustav and Ike in 2008. This investment is part of a $2.2 million project that the grantee estimates will create 200 jobs, save 58 jobs, and generate $127 million in private investment.

$2 million in disaster recovery funds to the Greater Lafourche Port Commission, Galliano, Louisiana, to rebuild a slip at Port Fourchon to replace aging infrastructure damaged by five hurricanes in the past three years. The project is necessary to prevent the loss of the Port's oldest tenant, to save much-needed jobs, and to allow the Port to respond to new economic opportunities. This investment funds 100 percent of a project that the grantee estimates will save 97 jobs and generate $33 million in private investment.

$2 million in disaster recovery funds to the Louisiana Tech University and the City of Ruston, Louisiana, to fund infrastructure for the creation of an Enterprise Campus adjacent to Louisiana Tech University. The University is a national leader in nanotechnology research. The Enterprise Campus will leverage that research to transfer technology and commercialization opportunities, providing long-term economic development for the region, which suffered severe economic disruption from Hurricanes Gustav and Ike. This investment is part of a $2.4 million project that the grantee estimates will save 200 jobs.

$1.6 million to the Lummi Nation, Bellingham, Washington, to fund infrastructure and site improvements for the Gateway Center, which will be built between Bellingham and the Canadian border along Interstate 5. The Center will house an entrepreneurship training incubator as well as a fresh fish market, an artist gallery and studio, and a gift shop. The project will bolster small businesses and strengthen the Nation's tourism industry cluster. This investment funds 100 percent of a project that the grantee estimates will create 200 jobs and generate $4 million in private investment.

$1.45 million in disaster recovery funds to the Village of Belmont, Wisconsin, to upgrade and expand the Village of Belmont's wastewater treatment plant. This will handle the proposed flows from Montchevre-Betin, which is the largest manufacturer in Belmont, as well as from future commercial and industrial development in the Village. This investment is part of a $2.5 million project that the grantee estimates will save 130 jobs and generate $2 million in private investment.

$1.2 million in disaster recovery funds to the City of Reedsburg, Wisconsin, to fund construction of infrastructure to expand and upgrade Reedsburg’s city-owned industrial park, a telecommunications and electric switching station, and a “docking port” for advanced manufacturing training through the Madison Area Technical College. The switching station will be built in a new location out of the 100-year floodplain, providing more security for the city-wide broadband connectivity which gives the city’s businesses a competitive edge. The industrial park improvements will also contribute to preserving access during flood events, such as the severe Midwest Floods of 2008. This investment is part of a $1.5 million project that the grantee estimates will create 600 jobs and generate $16.5 million in private investment.

$1.1 million to the city of Detroit Lakes, Minnesota, to fund construction of road, water, and sewer infrastructure necessary for an addition to the City's Detroit Lakes Industrial Park. The added space will allow new and existing businesses to create higher-skill, higher-wage jobs to benefit the region. This investment is part of a $2.2 million project that the grantee estimates will create 300 jobs and generate $10 million in private investment.

$1.1 million in disaster recovery funds to the Village of Randolph, Wisconsin, to fund road, water, and other infrastructure necessary for a new business park in the Village. The new storm water system will mitigate drainage problems in the event of future devastating floods like those of 2008. The additional industrial space will attract private investment and create much-needed jobs for the region. This investment is part of a $2.0 million project that the grantee estimates will create 50 jobs and generate $15 million in private investment.

$1 million in disaster recovery funds to the Kilgore Economic Development Corporation and the City of Kilgore, Texas, to fund road, water, and sewer infrastructure for Synergy, the new Kilgore business park. Orgill, Inc. will expand its existing distribution center for wholesale hardware, providing an anchor to spur long-term economic development in this region, which suffered from Hurricane Ike in 2008. This investment is part of a $3.1 million project that the grantee estimates will create 150 jobs and generate $8 million in private investment.

$1 million to the City of Vienna, Georgia, for construction of critical improvements to rehabilitate the City's outdated and failing sewer system. The new construction is necessary to assure that the City's largest employer, Tyson Foods, will remain in operation and to safeguard other area businesses, most of which depend on poultry processing for their success. The new wastewater system will also accommodate industrial growth. This investment is part of a $1.7 million project that the grantee estimates will save 600 jobs and generate $5 million in private investment.

$820,550 to the Standing Rock Sioux Tribe, Fort Yates, North Dakota, to construct a wireless telecommunications facility and equip it with telecommunications and office equipment for the tribally-owned enterprise, Standing Rock Telecom (SRT). At present, the Standing Rock Sioux Tribe, which occupies 2.3 million acres in North and South Dakota, has almost no wireless telephone service. SRT will open up voice and broadband entrepreneurial opportunities for the community, as well as provide critical services for government, healthcare, and public safety. This investment funds 100 percent of a project that the grantee estimates will create 61 jobs and generate $15 million in private investment.

$767,000 to the Switzerland County Redevelopment Commission, the Switzerland County Commissioners, the Switzerland County Economic Development Corporation, the Patriot Municipal Water Company, and the Florence Regional Sewage District, Indiana, for construction of infrastructure for the Markland Industrial Park in Vevay. The Park currently lacks the full range of infrastructure needed to make it fully marketable. The new roads, water, and other improvements will create 80% more acres of fully-served industrial sites that can produce jobs and private investment for the region. This investment is part of a $1.5 million project that the grantee estimates will create 500 jobs and generate $30 million in private investment.

$655,000 to the Jefferson Local Development Corporation, Whitehall, Montana, to construct essential infrastructure for initial development of a new commercial and industrial park in Jefferson County. The targeted industries will help diversify the regional economy away from dependence on mining and create new and diverse job opportunities. This investment is part of a $1.3 million project that the grantee estimates will create 146 jobs and generate $30 million in private investment.

$600,000 in disaster recovery funds to the Mississippi Enterprise for Technology, Bay St. Louis, Mississippi, to support development of an economic recovery strategy focusing on damage assessment and speeding economic recovery efforts to the Mississippi Gulf Coast communities severely impacted by the recent natural disasters of Hurricanes, Katrina, Gustav, and Ike. This investment is part of a $750,000 project.

$325,000 to the Dakota College at Bottineau and the Souris Basin Planning Council, Bottineau, North Dakota, for construction of new greenhouses and other facilities for the Entrepreneurial Center for Horticulture at the Dakota College at Bottineau. The project will provide training to hundreds of greenhouse and organic agriculture producers from across the State of North Dakota. The Center will support innovation and introduce research in value-added agricultural products that will lead to increased private investment and job creation. This investment is part of a $650,000 project that the grantee estimates will create 150 jobs and generate $31.6 million in private investment.

$250,000 to the Jackson Municipal Airport Authority, Mississippi, to fund a broad-based analysis of air cargo needs and opportunities in the Southeastern United States and the development of strategies to support creation of a centralized cargo hub at Jackson-Evers International Airport. The Institute for Trade and Transportation has shown that the growth of air freight traffic worldwide is significant and that the southeastern states are geographically positioned to be the beneficiaries of this increased freight flow. This investment is part of a $500,000 project.

$160,000 to the Affiliated Tribes of Northwest Indians Economic Development Corporation, Dallas, Oregon, to fund a detailed study of salmon fishing and marketing to increase the value of the salmon sold, diversify the tribal economy, and create jobs. The new strategy will benefit the Tribes' small businesses and entrepreneurs and provide direction for training of fishing employees in market requirements. This investment funds 100 percent of the project.

$150,000 to the Mississippi Technology Alliance, Ridgeland, Mississippi, to fund an analysis of the 37-county region of central and south Mississippi to identify companies with potential for success through innovation and to determine their workforce needs. Community colleges and other providers will incorporate these specific workforce skills needed for the career development of their students. The private sector will then be able to produce new products, redeploy technology, or enhance productivity, thus creating greater profits and higher-wage jobs. This investment is part of a $300,000 project.

$150,000 to the Arizona Board of Regents on behalf of Northern Arizona University, Flagstaff, Arizona, to fund the first full-scale effort to compile economic development infrastructure and assessment data for Arizona’s 22 Tribal communities. The data will inform and improve future economic development decisions and opportunities on reservations. The Asset Inventory will include labor force, utility, real estate, medical, and physical and cultural tourism resources. This investment is part of a $300,000 project.

$150,000 in disaster recovery funds to the Region VII Planning and Development Council, Buckhannon, West Virginia, to support development of an economic recovery strategy focusing on damage assessment and speeding economic recovery efforts to the communities in the West Virginia counties of Barbour, Braxton, Gilmer, and Lewis, severely impacted by the recent severe flooding. This investment is part of an $187,500 project.

$127,700 to the Yuba-Sutter Economic Development Corporation, Yuba City, California, to fund the creation of a commercial development plan for the cities of Live Oak, Marysville, and Wheatland, to create and immediately implement a business attraction program for target industries. This investment is part of a $238,700 project.

December 11-18, 2009

EDA announced three investments greater than $100,000 during the period December 11-18, 2009, totaling $1,435,032. These investments are part of projects totaling $1,938,142 that the grantee estimates will create 496 jobs, save 393 jobs, and generate $8 million in private investment.

$700,000 in disaster recovery funds to the University of Texas at San Antonio to support development of an economic recovery strategy focusing on damage assessment and speeding economic recovery efforts to the South Texas communities severely impacted by Hurricane Dolly in 2008. Small businesses will receive assistance through the Sustainable Business Program, thus saving and creating jobs. This investment is part of a $977,686 project that the grantee estimates will create 196 jobs and save 393 jobs.

$500,000 in disaster recovery funds to the South Eastern Development Foundation, Sioux Falls, South Dakota, to recapitalize a Revolving Loan Fund (RLF) that serves eastern South Dakota. The recapitalized funds will assist businesses that were severely impacted by the Midwest floods of 2008. This investment is part of a $666,667 project that the grantee estimates will create 300 jobs and generate $8 million in private investment.

$235,032 in disaster recovery funds to the Two Rivers-Ottauquechee Regional Commission, Woodstock, Vermont, to support development of an economic recovery strategy focusing on damage assessment and speeding economic recovery efforts to the East Central Vermont communities which have been frequently severely impacted by flooding, including the recent 2008 disaster. This investment is part of a $293,789 project.

November 3-December 4, 2009

EDA announced four investments greater than $100,000 during the period November 30-December 4, 2009 totaling $6.75 million. These investments are part of projects totaling $9.841 million that the grantee estimates will create 580 jobs and generate $139.5 million in private investment.

$3 million in disaster recovery funds to the University of New Orleans Foundation, Louisiana, to fund expansion of the Nims Center film and creative media incubator to meet the fast-growing regional market demand. These industries promise to effect economic transformation and growth for a region where Hurricanes Gustav in 2008 and Katrina and Rita in 2005 caused so much devastation. This investment is part of a $4.289 million project that the grantee estimates will create 400 jobs and generate $132 million in private investment.

$2 million in disaster recovery funds to the City of Palestine, Texas, to fund construction of water system improvements critical to business retention and future economic development in the City of Palestine. The Anderson County region was severely impacted by Hurricane Ike in 2008. This investment is part of a $3.802 million project that the grantee estimates will create 180 jobs and generate $6 million in private investment.

$1.5 million in disaster recovery funds to Cameron County, Texas, to fund construction of a technology training center to prepare residents of Cameron County for more secure, living-wage jobs. The region’s agricultural, fishing, and foreign trade economic base was devastated in 2008 by Hurricane Dolly and subsequent flooding. A better trained workforce will help to attract new businesses and diversify the regional economy. This investment is part of a $1.5 million project.

$250,000 performance award to the St. Patrick Center, Saint Louis, Missouri, in recognition of its exceptional management of an EDA-funded project to construct Project BEGIN (Businesses, Employment, Growth, Incomes, and Neighborhood), a trades training center and mixed-use business incubator which focuses on preparing homeless and impoverished people for higher-skill, higher-wage jobs. This award will be used to purchase equipment to expand the culinary services program at the BEGIN Incubator and to fund training programs, such as those offered at community colleges, for clients of the Trades Training Center. This investment is part of a $250,000 project.

October 26-30, 2009

EDA announced five investments greater than $100,000 during the period October 26-30, 2009 totaling $ 8.65 million. These investments are part of projects totaling 11,481,876 that the grantee estimates will create 635 jobs, save 65 jobs, and generate $47.16 million in private investment.

$4 million to the Canaan Valley Public Service District, Davis, West Virginia, to support construction of a new wastewater treatment system in Tucker County to replace 16 antiquated, privately-owned systems, most of which were damaged in the severe June 2008 flood. The project will enable the new public service district to improve public health, allow the resumption of private business investment in the area, and encourage the growth of the tourism and recreation sector. This investment is part of a $5 million project that the grantee estimates will create 400 jobs, save 65 jobs, and generate $44 million in private investment.

$2.75 million to the Cow Creek Band of Umpqua Tribe of Indians, Roseburg, Oregon, to fund the renovation of a building in Roseburg for reuse as a business incubator and secure server data center. The renovation includes necessary equipment and incorporates energy-saving, “green” elements. The data center industry is one of the fastest growing segments in the regional economy, and incubator tenants will create much-needed jobs. This investment is part of a $2.75 million project that the grantee estimates will create 165 jobs and generate $60,000 in private investment.

$1.25 million to the Eagle Pass Water Works System, Eagle Pass, Texas, to fund construction of improvements to the water system of the city of Eagle Pass. The upgrades will improve the system’s overall efficiency and increase economic opportunity and future business growth in the City’s College Hills corridor. This investment is part of a $2.542 million project that the grantee estimates will create 70 jobs and generate $3.1 million in private investment.

$500,000 to Innovation Works, Inc., Pittsburgh, Pennsylvania, to support Innovation Works, a program which assists companies in southwestern Pennsylvania in identifying opportunities to develop new products and more efficient manufacturing processes. This successful hands-on program is now over-subscribed because of its past success, and EDA's investment will allow more manufacturers to add and retain living-wage jobs. This investment is part of a $1,002,376 project.

$150,000 to the Region VI Planning and Development Council, Fairmont, West Virginia, to fund development of an economic recovery strategy focusing on damage assessment and speeding economic recovery efforts to the West Virginia communities severely impacted by the floods and mudslides of June 2008. This investment is part of an $187,500 project.

October 5-9, 2009

EDA announced one investment greater than $100,000 during the period October 5-9, 2009 totaling $7.275 million. This investment is part of a $7.275 million project that the grantee estimates will create 1,900 jobs and generate $570 million in private investment.

$7.275 million in disaster recovery funds to the city of Anaheim, California, to construct pedestrian walkways to link sites at a new hospital complex, existing retail and office space, and surplus industrial sites that are available for redevelopment. The project will provide improved access to public transportation, which will help spur redevelopment of the industrial areas, reduce traffic and pollution, and create opportunities for new business development. The project will contribute to Anaheim’s continuing efforts to recover from fires that severely impacted the area in 2008. This investment is part of a $7.275 million project that the grantee estimates will create 1,900 jobs and generate $570 million in private investment.

September 18-September 25, 2009

EDA announced 69 investments greater than $100,000 during the period September 18-25, 2009 totaling $104,827,361. These investments are part of projects totaling $170,168,721, creating 22,823 jobs, saving 3,573 jobs, and generating almost $1.2 billion ($1,194,267,000) in private investment.

$6.4 million in Recovery Act funds to the Ohio County Development Authority, Wheeling, West Virginia, to fund water infrastructure essential for opening up a business and industry development area in the Highlands area of the Northern Panhandle region. This construction will permit new business growth that will diversify the regional economy and create much-needed jobs. This investment is part of an $8 million project that will help create 305 jobs and generate $44 million in private investment.

$6 million in disaster recovery funds to the Jackson Port Authority, Florida, to fund the complete reconstruction of the only rail spur serving the Blount Island Marine Terminal at JAXPORT, the Jacksonville Port Authority. The construction will improve safety and save jobs at five companies, which would otherwise have to shut down or relocate. New companies may be attracted after the project is completed, and the Army and Marine Corps operations supported by the rail access will also be safeguarded. This investment is part of a $7,743,682 project that will help save 1,680 jobs.

$6 million in Recovery Act funds to the Ben Franklin Technology Partners of Northeastern Pennsylvania, Bethlehem, Pennsylvania, to construct a Leadership in Energy and Environmental Design silver certified building as an addition to the existing Ben Franklin TechVentures incubator facility at Lehigh University Mountaintop Campus. The new building will add wet labs, electronic labs, and other space to the award winning incubator program, part of Ben Franklin’s ten-incubator network. The project will provide second state incubator expansion space to help new businesses grow and create higher-wage jobs. This investment is part of a $12 million project that will help create 200 jobs, save 100 jobs, and generate $10 million in private investment.

$4,766,250 in Recovery Act funds to the city of Santa Cruz Redevelopment Agency, California, to fund the renovation of an historic brownfields site in Santa Cruz to create the Digital Media Center @ the Tannery, a business incubator for digital media companies. This high-tech business incubator will promote entrepreneurship and innovation and spur development of the region's media production industry cluster. This investment is part of a $6,701,250 project that will help create 220 jobs and generate more than $1.5 million in private investment.

$4.56 million to the Inland Valley Development Agency and the San Bernardino International Airport Authority, California, to fund the reconstruction necessary to convert the former Norton Air Force Base, now the San Bernardino International Airport, into a true international airport. This reconstruction of taxiways and aprons is necessary for passenger travel, air cargo, and the growth of the Airport’s industrial park. This project is critical to job growth in the region. This investment is part of a $5,066,667 project that will help create 500 jobs, save 145 jobs, and generate $21.1 million in private investment.

$4,333,786 in Recovery Act funds to the North Country Council, the Grafton County Economic Development Council, and the Dartmouth Regional Technology Center, Bethlehem, New Hampshire, to construct an addition to the Dartmouth Regional Technology Center, which collaborates with Dartmouth College and Dartmouth-Hitchcock Medical University. The expanded incubator will foster the growth of existing firms and the start-up of new high tech firms. Even more jobs will be created when successful businesses graduate into larger commercial facilities in the region. This investment is part of a $5,417,233 project that will help create 110 jobs and generate $10 million in private investment.

$4 million in disaster recovery funding to Lamar University, Beaumont, Texas, to support the expansion of the Cherry Engineering and Research Center at Lamar University in Beaumont. The expanded facilities will house state-of-the-art laboratories and will serve as an education and training center for current and future employees of the petrochemical industry. This project will help meet the need for higher-skilled workers in the growing manufacturing segment and will assist in the area's ongoing efforts to recover from Hurricanes Gustav and Ike which severely impacted the area in 2008. This investment is part of a $7,829,500 project.

$3.75 million in disaster recovery funds to the San Fernando Valley Small Business Development Corporation and the Valley Economic Development Center, Van Nuys, California, to construct the Pacoima Entrepreneurship and Training Center, a business incubator and workforce training facility in Van Nuys. The Center will provide San Fernando Valley entrepreneurs with business development training and business incubation to help their companies succeed. The Center will also cooperate with local employers to train workers for living wage jobs with benefits. This project will assist the region's recovery from wildfires that severely impacted Los Angeles County in 2008. This investment is part of a $5 million project that will help create 324 jobs and generate more than $1 million in private investment.

$3.748 million in Recovery Act funds to the Hardy County Public Service District, Moorefield, West Virginia, to construct water infrastructure to allow new businesses to locate in the Baker Industrial and Business Park. This investment is part of a $5.31 million project that will help create 470 jobs and generate $33.5 million in private investment.

$3,500,623 to the Toledo-Lucas County Port Authority and the City of Toledo, Ohio, to fund the expansion and improvement of a logistics warehouse at the Toledo Express Airport to increase the volume of air freight at the airport and spur further development. The project will retain and expand local industry and increase higher-wage jobs. This investment is part of a $7,001,246 project that will help create 697 jobs and generate $21 million in private investment.

$3.4 million to Independence County, Arkansas, to fund construction of a rail switching station and rail car storage facility, which will allow expansion of the FutureFuel Chemical Company. The company will invest in expanding its biodiesel production from 24 million gallons annually to 130 million gallons and will create more jobs. Such economic growth is important to this region, which suffered from severe storm damage in 2008. This investment is part of a $5.525 million project that will help create 95 jobs and generate $75 million in private investment.

$3 million in Recovery Act funds to the Matanuska-Susitna Borough, Palmer, Alaska, to fund dock construction to expand the cargo capacity of Port MacKenzie. The improvements will allow more efficient delivery of goods, increase trade jobs, and open trading opportunities for local industry. This investment is part of a $4 million project that will help create 1,000 jobs and generate $30 million in private investment.

$2.75 million in Recovery Act funds to Missouri State University, Springfield, Missouri, to fund construction of the Entrepreneurship and Business Development Center. The facility, which will be built within an existing urban research park in the center city of Springfield, will house a small business incubator, Missouri State University's Department of Technology and Construction Management, the Small Business and Technology Development Center (an associate office of the U.S. Small Business Administration), and small scale manufacturing and production. The business incubator and the other tenants are all expected to strongly contribute to local job growth. This investment is part of a $7 million project that will help create 850 jobs and generate $40 million in private investment.

$2.5 million in Recovery Act funds to Imperial County and the Heber Public Utility District, El Centro, California, to support construction of water, sewer, and street improvements for the Imperial Center, a new multi-use commercial development in Imperial County. The project will assist the region in recovery from severe economic dislocation and job loss. . This investment is part of a $6,437,765 project that will help create 390 jobs and generate $15 million in private investment.

$2.4 million in Recovery Act funds to the city of Eureka, California, to construct the Fisherman’s Terminal to house fish processing and related businesses in one location. The new building will enable entrepreneurial fishermen to sell directly to the public and will also support the expansion of the local aquaculture industry. The city of Eureka is building an adjacent market square to add to the revitalization of the Eureka waterfront as a seaport village. This investment is part of a $3.2 million project that will help create 75 jobs, save 274 jobs, and generate $25.5 million in private investment.

$2,083,400 to the Georgia Department of Economic Development and the Georgia Ports Authority, Atlanta, Georgia, for construction of critical rail infrastructure to an industrial park in the City of Pooler. The project will benefit existing industry and support future growth, producing higher-wage jobs for the region. This investment is part of a $4,584,390 project that will help create 500 jobs and generate $325 million in private investment.

$2.025 million in disaster recovery funds to the Mississippi Gulf Coast Community College District, Perkinston, Mississippi, to construct a state-of-the-art Hospitality and Resort Management Center at the Mississippi Gulf Coast Community College's Jefferson Davis Campus. The workforce training center will prepare graduates for jobs in the tourism industry along the Gulf Coast, a region that suffered from Hurricane Katrina in 2005 and Hurricanes Gustav and Ike in 2008. This investment is part of a $9,989,800 project that will help create 636 jobs.

$2 million in disaster recovery funds to Mid-South Community College, West Memphis, Arkansas, to construct the Diesel and Biodiesel Technology Education Center in West Memphis, a region which suffered from severe storms in 2008. The Center will help provide a well-trained, high-skilled labor force for the transportation, agriculture, and heavy construction industry clusters of Arkansas. This investment is part of a $4.1 million project.

$1.866 million to the city of Newton, Illinois, to fund construction of a new water treatment facility to be located in an area not prone to flooding, to replace the old plant that was seriously threatened by the floods of 2008. The project will benefit the entire community, retain local businesses, and encourage business expansion. This investment is part of a $2,356,882 project that will help create 125 jobs and generate $4.5 million in private investment.

$1.827 million in disaster recovery funds to the University of Maine, Orono, Maine, to fund the work of the Knowledge Transfer Alliance to support employers in key sectors respond to the 2008 natural disasters and the economic downturn. Management teams of university staff and business management leaders will work with the firms selected to improve their resilience and operating margins. The Alliance also hopes to develop a transferrable, replicable model for disaster-related business technical assistance. This investment is part of a $2,329,280 project.

$1,526,763 to the New Hampshire Department of Resources and Economic Development, Concord, New Hampshire, to construct and upgrade telecommunications infrastructure and web-based systems in New Hampshire to make the economy more resistant to natural disasters and mitigate risks to businesses throughout the State, encouraging growth and job creation. This investment is part of a $1,908,453 project.

$1.5 million in Recovery Act funds to Renew Moline, Inc. and the Midwest Intellectual Property Management Institute, Moline, Illinois, to fund the efforts of the Midwest Intellectual Property Institute, a division of Renew Moline, to grow start-up businesses through transferring underused patents (intellectual property) to the new ventures. The Institute, located in the RiverTech business and technology park, will work to make the regional economy less dependent on traditional manufacturing and to generate higher-wage jobs and foster private investment. This investment is part of a $2 million project.

$1.5 million in Recovery Act funds to the Northern Enterprises, St. Albans, Vermont, to fund construction of a publicly-owned and FDA-licensed food business incubator to serve entrepreneurs and provide culinary packaging resources to other local firms. The incubator will foster both the agricultural and tourism clusters in rural Vermont. This investment is part of a $1.875 million project that will help create 25 jobs and save 22 jobs.

$1,454,080 in Recovery Act funds to the Chemung County Industrial Development Association and Chemung County to fund construction of infrastructure to service undeveloped industrial-zoned land along the Interstate 86 corridor in Chemung County. The construction will allow business development and the creation of much-needed higher-wage jobs. This investment is part of a $1,817,600 project that will help create 600 jobs and generate $60 million in private investment.

$1,310,257 to MidAtlantic Employers’ Association , King of Prussia, Pennsylvania, to fund the activities of the MidAtlantic Trade Adjustment Assistance Center , which serves firms located in Delaware, the District of Columbia, Maryland, New Jersey, Pennsylvania, Virginia, and West Virginia, to strengthen their competitiveness in the worldwide marketplace. This investment is part of a $2,042,259 project.

$1.287 million to the Cumberland Plateau Company and the Bristol Virginia Utilities, Lebanon, Virginia, to complete the fiber optic broadband network for the Cumberland Plateau, with the installation of 40 more miles in Dickenson and Russell counties. The network will connect industrial business parks and major telecommunications carriers, and, therefore, attract new technology investments to the area, creating new, higher-wage jobs. This investment is part of a $2.145 million project that will help create 582 jobs and generate $20.4 million in private investment.

$1.25 million to the city of New Britain, Connecticut, to construct infrastructure to redevelop a brownfield site into a high-tech business park. The marketable state-of-the art manufacturing space will lead to higher-skill, higher-wage jobs in the City of New Britain. This investment is part of a $3.739 million project that will help create 250 jobs and generate $50 million in private investment.

$1.14 million to the March Joint Powers Authority, Riverside, California, to allow the demolition and site preparation necessary to convert a portion of the former March Air Force Base into a comprehensive medical campus. The campus will include a variety of medical office buildings, surgery centers, an acute care hospital, and lodging facilities for patients and their families. The project continues the conversion of the former military facility into a site for business growth and development. This investment, funded by the Department of Defense and administered by EDA, is part of a $1,266,667 project that will help create 12,000 jobs and generate $68 million in private investment.

$1,112,500 to the city of Horn Lake, Mississippi, to construct a railroad spur and related infrastructure to accommodate the expansion of Newly Weds Foods, the largest producer of customized food coatings in the United States. The new rail spur and other improvements will help retain existing businesses and attract new businesses to the region. This investment is part of a $2.225 million project that will help create 20 jobs, save 300 jobs, and generate more than $1.3 million in private investment.

$1,081,433 to the University of Texas at San Antonio, Texas, to fund the activities of the Southwest Trade Adjustment Assistance Center, which services firms located in Louisiana, Oklahoma, and Texas, to strengthen their competitiveness in the worldwide marketplace. This investment is part of a $1,200,154 project.

$1 million in disaster recovery funds to the Baton Rouge City and Parish of East Baton Rouge, Louisiana, to fund road construction necessary to complete a 260 acre Air-Industrial Park at the Baton Rouge Regional Airport. The park will attract aviation-related and standard manufacturing companies to the airport complex helping to develop regional aviation clusters. This project will also further the area’s continuing efforts to recover from Hurricane Gustav, which severely impacted the Gulf Coast in 2008. This investment is part of a $1.479 million project that will help create 350 jobs and generate $20 million in private investment.

$986,000 to the city of Owensboro, Kentucky, to purchase wet lab equipment for the Owensboro Centre for Business and Research, a business incubator for high technology and research-based and scalable food-science businesses. The wet lab is essential for attracting the science and technology companies needed by the local economy. This investment is part of a $2 million project that will help create 50 jobs and generate $20 million in private investment.

$921,000 to the city of Henderson, Kentucky, to fund the dredging and widening of the North Branch of Canoe Creek in Henderson County. The improvements will enhance the water flow capacity and storm water conveyance allowing seven companies to continue sustained operations and retain more than 300 employees, and mitigate future flooding of industrial and commercial areas in the city of Henderson. This investment is part of a $1.153 million project that will help save 326 jobs.

$885,000 to the city of Portland and the city of Westbrook, Maine, to fund construction of infrastructure for two business parks in Greater Portland to support expansion of the region's biotechnology cluster. The project will aid both the New Rand Business Park in Portland and the Five Star Industrial Park in Westbrook in attracting and retaining new tenants and creating higher-wage jobs. This investment is part of a $1.77 million project that will help create 960 jobs and generate $163 million in private investment.

$865,000 to the Cabrillo Community College District, Aptos, California, to fund the design and construction elements which will enable the Industrial/Green Technology Education Center in Watsonville to achieve Leadership in Environmental Engineering and Design (LEED) Platinum certification. The supplemental funding will also expand job training opportunities in green and industrial technologies. This additional grant is funded through EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF), which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of an $865,000 project that will help create 25 jobs and generate more than $1.5 million in private investment.

$880,000 in Recovery Act funds to the town of Pittsfield, Maine, to construct road, water, and sewer infrastructure to expand the Pittsfield Industrial Park. Lack of space in the Park has caused the City of lose new industries and the new jobs that would have been created. Businesses that will manufacture advanced technology wood products and will train workers for precision manufacturing are currently seeking space at the Park. This investment is part of a $1.1 million project that will help create 300 jobs and generate $4 million in private investment.

$850,560 to the town of Hartland, Maine, to repair and improve the Town of Hartland's waste water treatment plant, which was damaged by the floods of 2008. The project is necessary because the survival of the community's major employer, Prime Tanning, and its 226 employees is threatened and the Sebasticook River would be contaminated if the plant flooded again. This investment is part of a $1,063,200 project that will help create 10 jobs and save 226 jobs.

$850,000 to the county of Maui, Hawaii, to fund the design of the infrastructure for the Maui County Emergency Management Center. Maui County is prone to natural disasters, such as earthquakes, floods, tsunamis, and hurricanes. The Center will prepare the county's tourism-dependent economy to become more resilient against future disasters. This investment is part of a $1.14 million project.

$850,000 to the Regents of the University of Michigan and the Center for Automotive Research, Ann Arbor, Michigan, to extend and expand the mission of the Automotive Manufacturing Sector Economic Dislocation Response Program at the University of Michigan. The Program initially served Indiana, Michigan, and Ohio, which were severely impacted by the decline of the automotive sector. This grant continues the Program's work with impacted auto-dependent communities, helping them develop a strategic plan to obtain support services and to transition to other industries, and expands its operations to three more states, Illinois, Minnesota, and Wisconsin. This investment is part of a $1,064,763 project.

$800,000 to Pennsylvania State University, University Park, Pennsylvania, to fund a program by PennTAP, the Penn State Technical Assistance Program, to work with businesses to stimulate both the supply and the demand side of renewable energy products. TAP will align small business technologies with major corporation needs and create an inventory of alternative energy solutions that will spark new markets for domestic manufacturers and create new jobs. This investment is part of a $1.6 million project.

$800,000 in Recovery Act funds to the Delaware Technical and Community College, Georgetown, Delaware, to construct the Green Building Technology and Alternative Energy Systems Training Center, which will help train workers, including former automotive industry employees, for jobs in green industries, such as green roofing, and solar, wind and geothermal energy systems. These skills are needed in both homes and businesses throughout the region. This investment is part of a $1 million project that will help create 300 jobs and generate $717,000 in private investment.

$776,000 to the Collegiate Consortium for Workforce and Economic Development, Philadelphia, Pennsylvania, for a one-year extension to serve more Armed Forces, National Guard, and Reservist veterans who served in Iraq or Afghanistan. The region has a shortage of workers in the bio-medical field, in manufacturing, and in technology businesses, and the veterans will benefit from the added skills needed for success in civilian life. This investment, funded by the Department of Defense and administered by EDA, is part of an $863,000 project.

$716,853 in Recovery Act funds to the Chicagoland Entrepreneurial Center, Chicago, Illinois, to fund the Cluster Acceleration Program (CAP), which will work to expand and accelerate growth of new businesses in Illinois. The focus will be on new clusters, such as renewable and alternative energy, healthcare information technology, and new media technology, to diversify the economy from old-line manufacturing and agricultural clusters. Assistance and mentoring will go directly to selected entrepreneurs. This investment is part of a $1,433,707 project.

$709,358 to the Economic Progress Alliance of Crawford County and Crawford County, Meadville, Pennsylvania, to fund unexpected costs for the installation of a potable water system for the Keystone Regional Industrial Park. This investment is part of an $840,000 project.

$600,000 for a disaster recovery project to Accion Texas, San Antonio, Texas, to fund renovation of an existing building to serve as the regional hub for ACCION Texas, which provides small and micro business lending, technical assistance, and financial literacy training. The new building will also house a small business incubator. The project will increase small business loan capital, increase wages, create jobs, and advance entrepreneurship in the Lower Rio Grande Valley, an area hit hard by Hurricane Dolly in 2008. This investment is part of a $750,000 project that will help create 40 jobs, save 200 jobs, and generate $150,000 in private investment.

$600,000 to StartingGate, Beaver Falls, Pennsylvania, (GCCMIF), to provide additional funding to this business incubator construction project to meet Leadership in Energy and Environmental Design (LEED) specifications. The previously funded Beaver County Technology and Manufacturing Development Center will, when complete, attract $6 million in private investment and create 130 manufacturing and technology jobs. This investment, funded through EDA's Global Climate Change Mitigation Incentive Fund, is part of a $600,000 project.

$512,177 to the Inland Valley Development Agency and the San Bernardino International Airport Authority, San Bernardino, California, to fund the management of the project to convert the former Norton Air Force Base into a commercial passenger and cargo airport, the San Bernardino International Airport, by strengthening and repaving taxiways and aprons. This project assists ongoing efforts to ensure the economic recovery in the area following the closure of the Air Force base. This investment, funded by the Department of Defense and administered by EDA, is part of a $569,086 project.

$510,000 to the Omaha-Council Bluffs Metropolitan Area Planning Agency, Omaha, Nebraska, to establish and capitalize a Revolving Loan Fund (RLF) in the area serviced by the Omaha-Council Bluffs Metropolitan Area Planning Agency (MAP). The region served by MAPA, Douglas, Sarpy, and Washington counties in Nebraska, and Mills and Pottawattamie counties in Iowa, was severely impacted by the floods of 2008. The RLF will support innovation by encouraging entrepreneurs to start new ventures and existing businesses to expand profitable initiatives. This investment is part of a $680,000 project that will help create 204 jobs, save 204 jobs, and generate $4.1 million in private investment.

$500,000 to the Rochester Institute of Technology, Rochester, New York, to fund development of a Knowledge Clearinghouse at the Rochester Institute of Technology to provide knowledge and innovation support to smaller companies so they can expand their markets. An Innovation Test Bed, which is a center for testing machinery, computer programs, or concepts, under working conditions, will also be created to assist companies with technology commercialization and new manufacturing processes. The Clearing House and the Test Bed will lead to new private sector investment and the creation and retention of jobs. This investment is part of a $1 million project.

$465,600 to the Philadelphia Shipyard Development Corporation, Pennsylvania, to support training for employees of shipbuilding suppliers to meet international technology standards, thereby enabling them to work with Aker Philadelphia Shipyard and other shipbuilders. The success of the shipbuilding sector in the Philadelphia area will help with recovery from the BRAC closing of the Willow Grove Joint Naval Air Station. This investment, funded by the Department of Defense and administered by EDA, is part of a $517,334 project.

$450,000 to the McCook Economic Development Corporation, Nebraska, to provide additional funding for the renovation of the historic Keystone Hotel, which will house a technology, business, and entrepreneurship incubation center. The center will encourage new business start-ups and existing business expansions, while linking historic preservation and economic development. This investment is part of a $940,000 project that will help create 330 jobs, save 12 jobs, and generate $24 million in private investment.

$450,000 to the Southeast Louisiana Economic Development District, New Orleans, Louisiana, to fund an initiative to enhance the competitiveness of the greater New Orleans region by advancing innovation in existing "green" industries. The New Orleans Regional Planning Commission will work with universities, the NASA Michoud facility, and regional governments to advance innovation in businesses and foster economic growth and job creation. This investment is part of a $562,500 project.

$440,885 to the Embry-Riddle Aeronautical University, Prescott, Arizona, to support the design and construction elements which will enable the Embry-Riddle Aeronautical University Applied Technology Incubator Building to achieve Leadership in Energy and Environmental Design Platinum certification. The incubator will house new and existing businesses in a technological, green, and sustainable environment until they can graduate into larger quarters. This supplemental grant is funded through EDA's Global Climate Change Mitigation Incentive Fund, which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $440,885 project that will help create 180 jobs.

$400,000 to the State of Delaware, Economic Development Office, Dover, Delaware, to fund a strategy to address economic changes that have caused dramatic declines in Delaware's manufacturing sector. This strategy for Delaware will focus on attracting and growing manufacturing operations, especially green technologies and the aviation industry. The results of this strategy will be incorporated into a long-term economic development action plan for the state's economic recovery. This investment is part of a $500,000 project.

$401,333 to Ohio University, Athens, Ohio, to support the development of locally-based, data-driven strategies that are aligned with and complement the region’s comprehensive economic development strategy goals to help the region recover from the current economic downturn. The Voinovich School of Leadership and Public Affairs will provide technical assistance to communities in Appalachian Ohio and two counties in West Virginia. This investment is part of an $802,666 project.

$390,000 to the city of Wickliffe, Kentucky, to fund construction of improvements to the city's wastewater treatment system, which are necessary to retain and grow local industry. This investment is part of a $520,000 project that will help save 84 jobs and generate more than $300,000 in private investment.

$357,500 to the first Utility District of Hawkins County, Tennessee, to fund the design and installation of supervisory control and data acquisition technology to increase efficiency and save energy by the First Utility District of Hawkins County. Each water tank, booster station, and remote water plant will be monitored by radio or cellular signals to save almost 33,000 miles now driven annually by water system employees. The project is funded through EDA's Global Climate Change Mitigation Incentive Fund. This investment is part of a $357,500 project.

$313,774 to the Wisconsin Counties Association, Madison, Wisconsin, to fund planning to develop an implementation strategy to identify and nurture emerging business clusters in 30 Wisconsin counties which have been designated as presidentially declared disaster areas. This investment is part of a $627,548 project.

$300,000 to the city of Emporia, Kansas, to fund roadway improvements necessary for a new manufacturing and distribution facility in Emporia that will create much-needed jobs for the region. This investment is part of a $600,000 project that will help create 100 jobs and generate $100 million in private investment.

$250,000 in disaster recovery funds to the Economic Development Corporation of Los Angeles County, California, to fund the development of a green strategy for developing economic clusters in the Los Angeles region that can compete globally. The Economic Development Corporation will make recommendations to both public and private sectors for actions to take as the recession turns to recovery. This investment is part of a $500,000 project.

$250,000 to the West Virginia Higher Education Policy Commission, Charleston, West Virginia, to fund planning for an energy-related business commercialization center to serve the Charleston area, which includes the counties of Boone, Clay, Fayette, Jackson, Kanawha, Lincoln, Putnam, and Roane. The incubator and business park will serve as the catalyst for promoting job creation and private investment in the region. This investment is part of a $500,000 project.

$250,000 in disaster recovery funds to the Central Florida Regional Planning Council, Bartow, Florida, to fund an Economic Analysis and Disaster Resiliency Study for the central Florida region. The study, which will include a geographic information system (GIS) analysis of the region, will be used as a decision-making tool in preparing for future natural disasters and should lead to greater economic resiliency and a quicker recovery. This investment is part of a $312,500 project.

$250,000 to Respond, Inc. Camden, New Jersey, for additional work to meet city requirements for the fire suppression system and building egress for the New Worker Job Development and Training Center in Camden. The Center provides training in automotive technology and in the culinary arts to equip students with higher-skill, higher-wage jobs. This investment is part of a $250,000 project that will help create 40 jobs.

$222,457 to the South Central Tennessee Development District, Columbia, Tennessee, to fund the hiring of an economic coordinator to work with the South Central Tennessee Development District, which comprises Bedford, Coffee, Franklin, Giles, Hickman, Lawrence, Lewis, Lincoln, Marshall, Maury, Moore, Perry, and Wayne counties, to develop an economic recovery strategy to help the region recover from the closing of the automotive assembly plant in Spring Hills. The strategy will match business needs with the workforce skills of the 2,500 workers impacted by the plant closure, as well as fostering grassroots business development to hire the skilled workers. This investment is part of a $278,180 project.

$200,000 to the Business Development Corporation of the Northern Panhandle, Weirton, West Virginia, to fund a strategic implementation plan with specific action steps and benchmarks to guide efforts to attract new businesses and promote economic diversification in the panhandle of West Virginia, a region which recently lost many jobs when several manufacturing plants closed. This investment is part of a $250,000 project.

$200,000 to the Nevada Partners, North Las Vegas, Nevada, to assist the Nevada Partners Culinary Training Academy by defraying principal debt service for a one year period to assure the long term financial stability of the Academy. The recession has had a large negative effect on tourism to the Las Vegas area. The EDA grant will enable the Academy to continue providing training and job placement in the Southern Nevada hospitality industry. In its first year of operation, the Academy has placed 350 students into jobs and has partnered with the new City Center Development to train and place an additional 350 students. This investment is part of a $250,000 project.

$172,500 to the Milwaukee 7 Water Council, Inc., Milwaukee, Wisconsin, to fund a strategy to determine best practices for strengthening and enhancing the Milwaukee region's freshwater processing and treatment equipment manufacturing cluster. The plan will identify promising opportunities for research and development at local universities to support this cluster, a sector that has remained strong despite the 2008 Midwest Floods and the decline of other manufacturing sectors. This investment is part of a $230,000 project.

$146,250 to the Cultural Alliance of Greater Milwaukee, Wisconsin, to fund a study to identify innovative and creative industry clusters, to map higher-skill technology jobs connected to those clusters, and to prepare a focused, strategic plan that targets the most promising sectors for acceleration into commercialization. This investment is part of a $195,000 project.

$125,360 to the Montachusett Regional Planning Commission, Fitchburg, Massachusetts, to fund a regional study of the electrical power grid and its emergency back-up power sources. In December 2008 a severe winter ice storm knocked out power to tens of thousands of homes and businesses in the area. Power was not restored to most users until the 14th day. This study will recommend improvements to promote the economic competitiveness of the region. This investment is part of a $156,700 project.

$107,662 to Cavalier County and the Department of Aviation, Langdon, North Dakota, to fund a joint study by the Cavalier County Job Development Authority and the University of North Dakota to develop a former Department of Defense missile site into a premier research location for unmanned aircraft systems. The redeveloped site will advance innovation and entrepreneurship, provide opportunities for higher-skill, higher-wage jobs, and help to diversify the regional economy, which is currently heavily dependent on natural resources. This investment is part of a $215,324 project.

September 14-September 18, 2009

EDA announced 19 investments greater than $100,000 during the period September 14-18, 2009 totaling $46,726,741. These investments are part of projects totaling $89,279,923, creating 7,663 jobs, saving 70 jobs, and generating close to $1.628 billion ($1,627,900,000) in private investment.

$4,480,568 in Recovery Act funds to the Illinois Institute of Technology, Chicago, Illinois, to fund the complete renovation of a building on the campus of the Illinois Institute of Technology to create a life sciences business incubator with wet and dry laboratories. The project will build on and support the region's competitive strengths in biotechnology and related clusters. This investment is part of a $6,480,568 project that will help create 370 jobs and generate $17 million in private investment.

$4.183 million to the city of Allegan, Michigan, to fund construction of a new water treatment plant, which will meet the City's current and long-term industrial development needs, accommodating the development of a new pharmaceutical manufacturing cluster. This investment is part of an $8.366 million project that will help create 900 jobs and generate $50 million in private investment.

$4 million to the South Seattle Community College, Seattle, Washington, to fund the renovation of an existing building at the Georgetown Campus for a training center for clean technology manufacturing, logistics, and international trade. The training center will help meet the great demand for highly skilled technicians in these fields. The economically distressed area will benefit from the higher-wage jobs and increased private investment. The new facility will achieve LEED Silver certification and is partially funded through EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF) which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $5 million project that will help create 405 jobs and generate $50 million in private investment.

$3.888 million in Recovery Act funds to the Quonset Development Corporation, North Kingstown, Rhode Island, to construct a roadway and a bridge over a railway in the Quonset Business Park to improve access to the Commerce Park District. Improved access will provide new higher-skill, higher-wage job opportunities in the emerging industrial products manufacturing industry. This investment is part of a $4.86 million project that will help create 1,000 jobs and generate $77 million in private investment.

$3,522,535 to Fraunhofer USA, Cambridge, Massachusetts, to construct the renovation of an existing facility for reuse as the Fraunhofer Center for Sustainable Energy on the campus of the Massachusetts Institute of Technology. The Center will build on the strong solar power sector in Massachusetts. The project will fill the greater Boston Metropolitan area's need for adequate research and incubation space, creating high-tech, higher-wage jobs and spurring millions of dollars in private investment. This investment, funded in part by EDA's Global Climate Change Mitigation Incentive Fund, is part of a $7,045,070 project that will help create 180 jobs and generate $30 million in private investment.

$3 million to the Clemson University Real Estate, the city of Greenville, LICAR, LLC, and Clemson University, South Carolina, to construct a technology business incubator at Clemson University's International Center for Automotive Research. Entrepreneurs will grow their businesses in the incubator, creating technologies to improve automotive performance, safety, and fuel economy, before graduating to market-rate space elsewhere on the campus. The project will enhance the existing automotive industry cluster in South Carolina. This investment is part of a $9,696,934 project that will help create 120 jobs and generate $12 million in private investment.

$3 million in Recovery Act funds to the Dorchester County Council, the Maryland Economic Development Corporation, the City of Cambridge Commissioners, and the Cambridge Municipal Utilities Commission, Maryland, to fund construction of water, storm water, and sewer infrastructure for the new Dorchester County Technology Park. The project will coordinate with the new regional fiber optic backbone and will lead to the development of the Mid Shore Technology Incubator. The developing technology industry in the Mid Shore Region will create much-needed higher-wage jobs. This investment is part of an $8.481 million project that will help create 585 jobs and generate $28.6 million in private investment.

$3 million in Recovery Act funds to Hamilton County and the city of Chattanooga, Tennessee, to construct and repair railway structures to expand the number of tracks servicing the existing industries in the Enterprise South Industrial Park and to accommodate new industries, including the first Volkswagen plant in the United States. The project will create new higher-wage jobs and stimulate supplier jobs in the region. This investment is part of a $6 million project that will help create 645 jobs and generate $604.4 million in private investment.

$2.5 million in Recovery Act funds to Dorchester County, South Carolina, to fund the extension of water and sewer infrastructure to accommodate Project Forest, a new biotechnology firm. The construction will both save and create higher-wage jobs and expand the region's growing biotechnology industry cluster. This investment is part of a $5.09 million project that will help create 75 jobs, save 70 jobs, and generate $14 million in private investment.

$2 million to Casper College, the Casper Area Economic Development Alliance, and the Amoco Reuse Joint Powers Board, Casper, Wyoming, to fund renovation and expansion of an existing building to house a mixed-use business incubator. The incubator will support start-up and early-stage companies, spark entrepreneurship, and help to diversify the regional economy that is currently heavily dependent on agriculture and natural resources. This investment is part of an $8,770,368 project that will help create 910 jobs and generate $44 million in private investment.

$2 million to the University of the Virgin Islands Research and Technology Park and the University of the Virgin Islands, Saint Croix, Virgin Islands, to add funding to meet Leadership in Energy and Environmental Design specifications for a new state-of-the-art research park. The park will provide tenants, and many other island companies, with e-commerce resources through Global Crossings, an international cable. This project will lead to business creation and job growth in sectors beyond tourism. This project is funded through EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF), which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $2 million project that will help create 60 jobs and generate $5 million in private investment.

$2 million in Recovery Act funds to South Sioux City, Nebraska, to construct road, water, and sewer infrastructure for the Roth Industrial Park. The construction will allow business expansion and the location of new businesses into the Park. The region will benefit from the increased private investment and job creation. This investment is part of a $4 million project that will help create 600 jobs and generate $530 million in private investment.

$1,787,948 in Recovery Act funds to the city of Hutchinson, Kansas, to fund construction of a rail spur at the Salt City Business Park. The spur will service a major manufacturer of wind energy systems, thereby creating many green collar jobs and attracting other companies to the Park. This investment is part of a $2,586,240 project that will help create 400 jobs and generate $30 million in private investment.

$1,752,079 to the Donna Independent School District, Texas, to construct a technology training center in Donna. The center will provide area residents with the training necessary to secure higher-skill, higher-wage jobs and improve the standard of living in Hidalgo Count This investment is part of a $2,252,079 project.

$1.75 million to the Avenida Guadalupe Association, San Antonio, Texas, to fund the demolition of a vacant and dilapidated building and the construction of the first phase of the Avenida Promesa Project, a new structure to house workforce development activities, as well as commercial office space. The project will begin economic revitalization efforts in the Guadalupe commercial corridor to create jobs and attract private sector investment to the chronically blighted area. This investment is part of a $2.62 million project that will help create 43 jobs.

$1.5 million in disaster recovery funds to the Jackson Energy Authority, Tennessee, to fund infrastructure construction to ensure that the water treatment system will function to supply all water customers, including many companies, even in emergencies such as the 2008 tornadoes. Almost 10,000 jobs depend on the continuous operation of the North Water Treatment Plant. This investment is part of a $1.875 million project.

$1,105,111 to the Mississippi Band Choctaw Indians, Philadelphia, Mississippi, to fund the renovation of an existing industrial facility in Choctaw TechParc, a commercial development site located on the Choctaw Reservation. The construction upgrades will increase energy efficiency, allow industrial expansion, and create much-needed new high-tech jobs. This investment is part of a $1,431,664 project that will help create 220 jobs and generate $1.9 million in private investment.

$900,000 in Recovery Act funds to the Fayette Industrial Fund, Georges Township, and the Fairchance Georges Joint Municipal Sewage Authority, Uniontown, Pennsylvania, to construct infrastructure necessary to constructs infrastructure necessary to competitively market the half of the Fayette Business Park as yet unoccupied. The project will promote the location of advanced manufacturing and technology jobs to the Park, expanding the region's energy, defense, and information technology clusters and creating much-needed higher-wage jobs. This investment is part of a $1.5 million project that will help create 1,000 jobs and generate $114 million in private investment.

$857,500 in Recovery Act funds to the Caveland Sanitation Authority, Kentucky, to fund construction to double the capacity of the Horse Cave Wastewater Treatment Plant, which serves the region and Mammoth Cave National Park, as well as Barren County's industrial park, Progress Park. The new construction will meet the needs of industry and allow for future economic growth. This investment is part of a $1.225 million project that will help create 150 jobs and generate $20 million in private investment.

September 7-September 11, 2009

EDA announced six investments greater than $100,000 during the period September 7-11, 2009 totaling $17,351,944. These investments are part of projects totaling $38,132,086 which grantees estimate will create 2,014 jobs, save 391 jobs, and generate more than $149.9 million in private investment.

$4,740,809 to the Whitewater Community Development Authority, the University of Wisconsin Whitewater, and the City of Whitewater, Wisconsin, to fund construction of the new Innovation Center and infrastructure to serve the technology industrial park, including a road linking the project with the University of Wisconsin's Whitewater campus. The goal of the project is to create jobs to replace those lost in the floods of 2008 and those lost from recent automotive plant closures. The Innovation Center will serve as both a training center and technology business incubator and will be constructed to meet Leadership in Energy and Environmental Design (LEED) green building certification standards. A portion of the project's cost will be funded through EDA's Global Climate Change Mitigation Incentive Fund. This investment is part of an $11,051,728 project which grantees estimate will help create 1,000 jobs and generate $60 million in private investment.

$4 million to the city of Owen and the Central Wisconsin Agribusiness Innovation Center, Owen, Wisconsin, to fund construction of the Central Wisconsin Agricultural Innovation Center, which will house a business incubator as well as meeting and training areas. The business incubator tenants will have the opportunity to test agricultural product innovations onsite. Long-term, the Center hopes to graduate tenants into a planned agricultural business park. This project will utilize energy-saving measures to move toward LEED certification and is funded in part by EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF), which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $9.8 million project which grantees estimate will help create 330 jobs and generate $18 million in private investment.

$3,242,510 to the Alabama Farmers Market Authority and the Gulf Coast Agricultural and Seafood Co-Op, Montgomery, Alabama, to fund construction of a new facility to expand the Renasant Center for IDEAs business incubator in Tupelo. The new, "green" building will allow IDEAs to serve more client entrepreneurs from northwest Mississippi and help their businesses succeed. This project will utilize energy-saving measures to move toward LEED certification and is funded in part by EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF) which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $4,053,138 project that will help create 200 jobs, save 391 jobs and generate $5.7 million in private investment.

$3.5 million to the city of Vineland, New Jersey, to fund construction of a new water treatment plant and water lines to allow the expansion of the South Vineland Industrial Park. The City's industrial parks are full and no more private development can occur without this project because of the region's water allocation shortfall. This investment will expand job creation in the agribusiness and other clusters to create higher-wage jobs. This investment is part of a $10.5 million project which grantees estimate will help create 450 jobs and generate $60 million in private investment.

$1,460,515 to the city of Osceola, Arkansas, to fund improvements, including construction of an unloading system for barges, at the Osceola Riverport. The Riverport's ability to unload large bulk shipments of products such as soybeans, rice, coal, and gravel will enhance regional industry. The grain handling capacity will double, as will the kinds of commodities the riverport can handle. The effective use of the Mississippi and Ohio Rivers transportation corridors is essential to expanding regional industrial clusters and job creation. This investment is part of a $2.148 million project that will help create 34 jobs and generate $6.2 million in private investment.

$408,110 in disaster recovery funding to Auburn University, Alabama, to support geospatial mapping of critical utility infrastructure to build a disaster resilient economy in coastal Alabama, which suffered from Hurricanes Gustav and Ike in 2008. The Geographic Information System (GIS) web-based database will allow communities to preserve essential resources, particularly in the aftermath of natural disasters, by precisely and quickly locating critical utility infrastructure. This investment is part of a $579,220 project.

August 31-September 4, 2009

EDA announced 25 investments greater than $100,000 during the period August 31-September 4, 2009 totaling $32,896,060. These investments are part of projects totaling $63,346,598, creating 5,464 jobs, saving 605 jobs, and generating more than $509.1 million in private investment.

$4.3 million in Recovery Act funds to the city of Scottsburg, Indiana, to fund the acquisition and rehabilitation of an abandoned factory in Scottsburg to develop a Technology, Innovation and Entrepreneurship Center. The renovated facility will provide job training and a manufacturing/technology incubator to support the development of new businesses and the creation of higher-skill, higher-wage jobs. This investment is part of an $8.6 million project that will help create 620 jobs and generate $60 million in private investment.

$3.7 million in Recovery Act funds to Itawamba Community College, Tupelo, Mississippi, to fund the renovation and conversion of a former furniture manufacturing building for reuse as a one-stop workforce development and training center in Tupelo. The renovated facility will provide training to enhance the skills of workers transitioning from manufacturing jobs lost due to closure of the region's furniture manufacturing cluster. Retraining these workers for new advanced positions in high-tech manufacturing industries will help diversify the Northeast Mississippi region and promote sustainable economic growth. This investment is part of a $7.4 million project that will help create 1,042 jobs and generate $11.1 million in private investment.

$2,708,532 in Recovery Act funds to the Flagship Enterprise Center and the city of Anderson, Indiana, to fund the construction of a multi-tenant business and industrial building in Anderson. This building will house firms that outgrow the local business incubator and other early-stage companies, leveraging jobs in several emerging regional clusters such as renewable and "green" energy. This investment is part of a $4,168,532 project that will help create 400 jobs and generate $20.3 million in private investment.

$2,706,600 in Recovery Act funds to Lee County and the Community Development Foundation, Tupelo, Mississippi, to fund construction of a new facility to expand the Renasant Center for IDEAs business incubator in Tupelo. The new, "green" building will allow IDEAs to serve more client entrepreneurs from northwest Mississippi and help their businesses succeed. This project will utilize energy-saving measures to move toward LEED certification and is funded in part by EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF) which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $5,413,200 project that will help create 179 jobs and generate $15.6 million in private investment.

$2.5 million in disaster recovery funds to Trousdale County, Tennessee, to fund construction of a new water treatment plant in Trousdale County. The county's inadequate water supply has limited economic growth in the area. The new facility will enable future development and assist the county in recovering from the tornados of February 2008 by helping to attract new employers to the area. This investment is part of an $8.359 million project that will help create 350 jobs and generate $146 million in private investment.

$2.24 million in Recovery Act funds to the Bristol Bay Borough, Naknek, Alaska, to fund the purchase of a crane and two forklifts to increase the cargo capacity of the Naknek dock. The new equipment will improve the safety and speed of cargo handling, which will assist both the fishing industry and industrial businesses near the dock. This investment is part of a $2.8 million project that will help create 40 jobs, save 300 jobs and generate $4.9 million in private investment.

$2 million in Recovery Act funds to the Georgia Port Authority, Savannah, Georgia, to support the Container Berth Realignment Project enhancing the Port's service capacity by increasing the number of containers that can be managed and maintained at the Garden City Terminal in Savannah. This project will incorporate advanced technology and world-class best practices in the implementation of an innovative systems approach to port operations to increase capacity and create jobs for the Savannah Metropolitan area and the entire 10-county coastal Georgia region. This investment is part of a $5 million project that will help create 590 jobs and generate $59.4 million in private investment.

$2 million to the Lafayette Airport Commission, Louisiana, to fund construction of a new cargo apron and connector taxiways at the Lafayette Regional Airport. The Acadiana region suffered substantial economic damage from Hurricanes Gustav and Ike, and the expansion of the airport's cargo facility will assist in attracting and retaining companies to the area. This investment is part of a $2,329,250 project that will help create 45 jobs, save 28 jobs, and generate $4.6 million in private investment.

$1 million to the Ohio County Water District, Hartford, Kentucky, to further assist the Ohio Valley Water District in the construction of an essential upgrade to its old water treatment plant, which is now non-compliant with EPA drinking water regulations and inadequate to meet peak day demands. The region has suffered from the economic downturn and disastrous storms of July 2008. The new clean water resource will allow significant business expansion. This investment is part of a $2 million project.

$983,000 to the city of Guttenberg, Iowa, to fund construction of a marina and a visitor center in Guttenberg, a small town on the Upper Mississippi River. Tourism is key to the historic city's economy, and the new facilities will draw more visitors to local businesses, supporting the long-term development of the regional economy. This investment is part of a $1.966 million project that will help create 100 jobs and generate $50 million in private investment.

$921,270 to the Jennings County Commissioners and the city of North Vernon, Indiana, to construct a sewer line to property along U.S. Highway 50 which is adjacent to a new and expanding U.S. Army National Guard training base in Jennings County. The construction will attract other businesses to the Highway 50 property and create a significant number of jobs. This investment is part of a $2,201,770 project that will help create 500 jobs and generate $24.5 million in private investment.

$886,000 in Recovery Act funds to the city of Fosston, Minnesota, to fund construction of water, sewer, and road infrastructure to expand the already-filled Fosston industrial park. The new space available in the park is expected to attract business diversity and new residents to the city. This investment is part of a $1.772 million project that will help create 200 jobs and generate $8.5 million in private investment.

$800,000 in Recovery Act funds to ACCION/Chicago, Inc, Illinois, to fund a new revolving loan fund (RLF) to serve Cook County, where microenterprises comprise 88% of the businesses and employ more than 17% of the workforce. The approximately 120 microloans the RLF will make in the first round will average $10,000 and will save some businesses and allow others to grow larger and create more jobs. This investment is part of a $1.2 million project that will help create 144 jobs, save 252 jobs, and generate more than $2.4 million in private investment.

$785,687 in Recovery Act funds to the city of Spring Valley, Minnesota, to construct water, sewer, and road infrastructure to expand the city-owned Kasten Farm Industrial Park. The Park, located in an area that has suffered severely from 5 major floods between 1999 and 2008, is now full, and the planned expansion will create 11 new industrial lots for new companies or expansion of existing businesses. This investment is part of a $1,571,374 project that will help create 219 jobs and generate $7.8 million in private investment.

$780,000 in disaster recovery funds to the Western Arkansas Planning and Development district, Fort Smith, Arkansas, to construct a regional Geographic Information Services (GIS) Center in Fort Smith. The new facility will provide critical information following natural disasters in Western Arkansas, improve response time, and promote economic recovery. This investment is part of a $1.04 million project.

$750,000 to the American YouthWorks and the Austin Charter Schools, Texas, to fund construction to convert an existing building to create the Green Collar Workforce Training Center, which will offer specialized training to meet the increasing demand for high-skill workers in the green building and energy service businesses. This investment will renovate the facility so that it will itself be a green building, achieving Leadership in Energy and Environmental Design (LEED) certification. Graduates will fill higher-wage, environmentally-friendly jobs. This project is funded in part by EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF), which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $937,500 project.

$687,100 to the Walworth County Economic Development Alliance and the Gateway Technical College-Kenosha, Wisconsin, to fund three years of hands-on training for new entrepreneurs who are establishing businesses or technology-based firms in Kenosha, Racine, Rock, and Walworth counties, a region highly dependent on the automotive industry and severely impacted by the floods of 2008. The new businesses created by the displaced auto workers and other entrepreneurs will attract private investment and create jobs that will contribute to a stronger, more competitive and resilient regional economy. This investment is part of a $1,126,387 project that will help create 400 jobs and generate $8 million in private investment.

$508,930 in disaster recovery funds to the Mississippi e-Center Foundation, Jackson, Mississippi, to fund acquisition and installation of an uninterruptable power supply (UPS) system to support the mission of the Mississippi e-Center at Jackson State University. The e-Center houses a major server that serves emergency response operations in the event of natural disasters and the Mississippi Business Innovation Center, a business incubator with 37 tenants. The e-Center lost power during the tornadoes of 2008. The new equipment will safeguard business data from the region. This investment is part of a $636,136 project that will help create 105 jobs and save 25 jobs.

$500,000 in Recovery Act funds to the Memphis Incubator Systems and the Memphis Center City Revenue Finance Corporation, Memphis, Tennessee, to fund the renovation and expansion of an existing business incubator in Memphis. This successful incubator is currently full, and the planned renovation will create space for new, high-growth start-ups to locate and become independent and self-sustaining businesses. This investment is part of a $1.392 million project that will help create 138 jobs and generate more than $1.8 million in private investment.

$450,000 to the city of Lancaster, South Carolina, to fund construction of improvements to the city's wastewater treatment plant. The upgrades will improve the plant's overall efficiency, ensure compliance with National Pollutant Discharge Elimination System requirements, and accommodate future industrial growth in Lancaster County. This investment is part of a $750,000 project that will help create 34 jobs and generate $43.1 million in private investment.

$431,000 to the Walhalla Economic Development Corporation and the city of Walhalla, North Dakota, to fund construction of road, water, and sewer infrastructure for the Walhalla Industrial Park. The construction will allow new industry to occupy the Park, bringing more than 200 higher-wage jobs to the area. This investment is part of an $862,000 project that will help create 202 jobs and generate $38 million in private investment.

$377,101 to the University of Arkansas at Little Rock, Institute for Economic Advancement, Arkansas, to support the University of Arkansas at Little Rock's Institute for Economic Advancement in developing strategies for the creation and advancement of innovation clusters throughout Arkansas. Successful innovation clusters will spur economic growth and increase per capita income, especially in the most economically distressed regions of the state. This investment is part of a $538,701 project.

$350,000 in disaster recovery funds to the Indian Nations Council of Governments, Tulsa, Oklahoma, to create an industry cluster development plan to aid long-term economic growth in Creek, Osage, Rogers, Tulsa, and Wagoner counties, which were severely impacted by the Midwest floods of 2008. This project will help restore and expand the local economy and connect business and government partners for more efficient communication in the event of a future crisis. This investment is part of a $350,000 project.

$330,860 to the Western Washington University, Bellingham, Washington, to support the Northwest Economic Gardening Program, which will deliver a wide range of technical assistance to support new and expanding small businesses, especially those in rural locales in the Whatcom County region. This investment is part of a $532,788 project.

$199,980 to the city of Chilton, Wisconsin, to fund construction of a storm water management system in a city-owned industrial park in Chilton. The new system will allow the city to better market vacant sites in the industrial park to new businesses. This investment is part of a $399,960 project that will help create 156 jobs and generate $3.1 million in private investment.

August 24-28, 2009

EDA announced 32 investments greater than $100,000 during the period August 24-28, 2009 totaling $41,978,497. These investments are part of projects totaling $88,346,609, creating 7,246 jobs, saving 584 jobs, and generating more than $1.09 billion in private investment.

$4.7 million in Recovery Act funds to the Arizona Board of Regents, University of Arizona-Tucson, Arizona, to fund infrastructure installation, including construction of roadways, storm drainage and sewer and water lines, at the site of the new Arizona Bioscience Park in Tucson. The state-of-the-art research park will facilitate the commercialization of bioscience research and house a technology business incubator that will create higher-skill, higher-wage bio-tech jobs in the area. This investment is part of an $8.57 million project that will help create 2,000 jobs and generate $44 million in private investment.

$3 million to the Downstate Technology Center, Inc. and the Health Science Center at Brooklyn Foundation, Inc., to fund Phase III development of the Advanced Biotechnology Incubator, Brooklyn, New York, the first biotech incubator space constructed in New York City since 1995. This investment is part of a $12.7 million project that will help create 90 jobs and generate $20 million in private investment.

$2.783 million in Recovery Act funds to the city of Carrollton, Kentucky, to fund construction of critical improvements to sewer infrastructure serving commerce and industry in Carroll and Gallatin counties. This investment is part of a $3.71 project that will help create 389 jobs, save 75 jobs, and generate $68.2 million in private investment.

$2.5 million in Recovery Act funds to the Canyon Owyhee School Service Agency, Greenleaf, Idaho, to construct the Regional Technology Center in Greenleaf. The state-of-the-art workforce training facility will prepare adults and teens with college or certificate training in engineering, welding, auto and diesel technology, healthcare, and building trades. This investment is part of a $5,106,854 project that will help create 1,200 jobs.

$2,268,750 to the Delaware County Board of Commissioners, Muncie, Indiana, to fund construction of a rail spur and other related appurtenances necessary to connect the existing Norfolk Southern freight track to the Park One business park in Delaware County. The extended rail service will create opportunities for business development and for workers impacted by recent closings of several automotive manufacturing companies. This investment is part of a $3.025 million project that will help create 400 jobs and generate $58.9 million in private investment.

$2,224,632 in Recovery Act funds to the Tampa Port Authority, Florida, to fund urgent pier reconstruction and bulkhead replacement at the Port of Tampa. The bulkhead is currently in eminent danger of structural collapse, which would lead to the complete shut down of Port operations. The Port is currently the primary source of fuel imports for a 24-county region of central and western Florida, including the Tampa Bay-St. Petersburg metropolitan area, and losing this source of fuel would have a severe impact on the regional economy. This investment is part of a $4,449,264 project that will help save 281 jobs.

$2 million in Recovery Act funds to the city of Centralia and the city of Wamac, Illinois, to fund reconstruction of roadway to accommodate heavy trucks and better serve existing and future industries in Industrial Park #1 in Centralia. This investment is part of a $4,557,315 project that will help create 215 jobs and generate $18 million in private investment.

$1.89 million to the city of Greenville, Michigan, to fund expansion and upgrade of the city of Greenville’s wastewater treatment plant. The upgrades and increased wastewater treatment capacity will allow existing businesses to expand and meet the needs of future industrial users in the city’s emerging alternative energy cluster. This investment is part of a $2.7 million project that will help create 200 jobs and generate $60 million in private investment.

$1,704,900 in Recovery Act funds to Goodwill Industries of Middle Georgia, Augusta, to fund the acquisition and renovation of a shopping center to create the Goodwill Career Campus, which will include a retail center, a receiving and sorting area, a bookstore with coffee shop, and a one-stop job connection center. The job center will provide counseling, on-the-job training, and employment for people with disabilities. This investment is part of a $2,840,228 project that will help create 200 jobs and generate $13 million in private investment.

$1.619 million in Recovery Act funds to the city of Social Circle, Georgia, to construct critical water and sewer infrastructure in the city of Social Circle. The new, enhanced infrastructure will allow the region’s existing businesses to expand, as well as accommodate construction of a Fortune 500 company’s new state-of-the-art distribution facility which will create new jobs and boost the four-county region’s tax base. This investment is part of a $2,023,904 project that will help create 112 jobs and generate $42 million in private investment.

$1.5 million in disaster recovery funds to the city of Irvine, Kentucky, to fund construction of improvements to the City's wastewater treatment plant. The construction is essential to the new $300 million Estill County power plant and will help to generate other businesses when the power plant is operational. The enhanced system will also improve response during emergencies such as the storm of February 2008. This investment is part of a $9.375 million project that will help create 29 jobs, save 3 jobs and generate $145.9 million in private investment.

$1.5 million to the Florence-Darlington Technical College, South Carolina, to construct a manufacturing business incubator facility on the Southeastern Institute for Manufacturing and Technology (SIMT) campus of Florence-Darlington Technical College in Florence. The state-of-the-art incubator facility will house as many as 27 start-up manufacturing companies which will create opportunities for higher-skill, higher-wage jobs in the area. This investment is part of a $4,545,612 project that will help create 242 jobs and generate $11.9 million in private investment.

$1.5 million to the Hamilton County-Business Incubator, Chattanooga, Tennessee, for renovation and modernization of the Chattanooga-Hamilton County Business Development Center, a business incubator facility located in Chattanooga. The renovation will make significant improvements to the building which will allow for the continued success of the incubator program. This project will utilize energy-saving measures to move toward LEED certification and is funded in part by EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF) which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $3,026,094 project that will help create 492 jobs and generate more than $1.4 million in private investment.

$1.5 million to the Utilities Board of the Town of Citronelle, Alabama, to construct water supply and wastewater treatment infrastructure that serves the ThyssenKrupp steel production facility that is estimated to employ 2,700 workers. This project will help diversify the regional economy by replacing jobs lost as a result of plant closures in the textiles and paper production industries with higher-wage, higher-skill manufacturing opportunities. This investment is part of a $3 million project that will help create 111 jobs and generate $185 million in private investment.

$1.44 million in Recovery Act funds to the city of Longview, Washington, to fund road, water, and sewer infrastructure construction to expand Mint Farm Industrial Park in Longview. One new tenant in the Park will produce ethanol from wood debris and municipal solid waste. The new industries locating in the Park will help the region become less dependent on the timber industry and create much-needed jobs. This investment is part of a $1,967,120 project that will help create 365 jobs and generate $114 million in private investment.

$1.4 million to the city of Schulenburg, Texas, to fund construction to double the capacity of the Schulenburg wastewater treatment plant. The project will allow industrial expansion and create new, higher-wage jobs. This investment is part of a $2.951 million project that will help create 100 jobs and generate $35 million in private investment.

$1.4 million in disaster recovery funds to the Muskogee City-County Port Authority, Oklahoma, to support port improvements to expand the Port of Muskogee. The proposed expansion will enable future industrial site development at the Port and provide access to low-cost global shipping. These improvements are expected to promote business development in the area's manufacturing base, including the location of a new windmill manufacturer at the Port. This investment is part of a $1.867 million project that will help create 100 jobs and generate $15 million in private investment.

$1 million in Recovery Act funds to the city of Dillingham, Alaska, to fund dock expansion and crane installation at Dillingham Harbor. The improvements will increase the logistical staging area used by fishing fleets and the cargo capacity of the dock, allowing for quicker, more efficient delivery of products. By increasing the number of vessels which can be serviced at the dock, the expansion will also allow more people to participate in marketing their own fish, thus stimulating the growth of fisheries-related businesses. This investment is part of a $1,427,800 project that will help create 75 jobs, save 200 jobs, and generate more than $3.8 million in private investment.

$850,000 to the Lindale Economic Development Corporation and the City of Lindale, Texas, to construct road, water, and wastewater infrastructure for Lindale's new and first industrial park. The construction will enable a "green energy" biomass power plant to locate in the Park and will create additional sites to accommodate future growth. This investment is part of a $1.7 million project that will help create 130 jobs and generate $125 million in private investment.

$759,500 to the City of Brandon and the South Eastern Council of Governments, Brandon, South Dakota, to fund road, storm water, and sewer construction in Brandon to expand the capacity of Brandon Industrial Park and Corson Development Park. A manufacturer of wind towers, which are used to produce green energy, and four other companies will locate in Brandon, creating opportunities for higher-skill, higher-wage jobs in Brandon and the region. This project is funded through EDA's Global Climate Change Mitigation Incentive Fund (GCCMIF) which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $1.519 million project that will help create 221 jobs and generate $40.4 million in private investment.

$750,000 to the University of Southern California, Los Angeles, to assist the University of Southern California in developing and implementing economic development strategies, feasibility studies, GIS mapping, economic assessments, and other technical assistance activities to stimulate job creation and economic growth in Southern and Central California. This project will produce a feasibility analysis of an Eco-Industrial Park which will serve as a road map for communities that are interested in developing a green industrial park, as well as post-natural disaster economic recovery strategies that emphasize eco-industrial development. This investment is part of a $1,015,415 project.

$709,670 in Recovery Act funds to the Greater Jobs, Inc. and the city of Albert Lea, Minnesota, to fund water, sewer, and road infrastructure construction for the I35-I90 Business Park in Albert Lea. The improvements to the site near the interstate highways will allow industrial development, bringing much needed jobs to the region. This investment is part of a $1,419,340 project that will help create 500 jobs and generate $50 million in private investment.

$650,000 to the Bi-National Sustainability Laboratory, Inc., Santa Teresa, New Mexico, to enable the Bi-National Sustainability Laboratory (BNSL) to foster long-term, technology-based, sustainable economic development in the U.S.-Mexico border region. BNSL will create opportunities for business incubation, business acceleration, and product development/commercialization services throughout the region, spurring the development of new businesses in advanced technology. This investment is part of a $932,000 project.

$550,000 to the town of Hamden, Connecticut, to fund construction of an access road and related infrastructure to support a 7.5 acre expansion of the Hamden Business Park. The new infrastructure will benefit existing businesses and allow new industrial growth. This investment is part of a $1.1 million project that will help create 75 jobs, save 100 jobs, and generate $7.5 million in private investment.

$380,000 in disaster recovery funds to the Clover Bend Historical and Preservation Association, Black Rock, Arkansas, to repair, replace, and restore a historic school house, museum, and community center complex in Lawrence County that was damaged by severe weather in 2008. The renovated site will attract both local and out-of-state tourists to the region, thus helping the region retain and attract businesses. This investment is part of a $380,000 project.

$250,000 to the city of Lake Worth, Florida, to fund a feasibility study to determine capacity and infrastructure improvements needed to support the build-out and redevelopment of the Lake Worth Park of Commerce, a former Brownfields site, in Palm Beach County. The study will provide city planners with a road map to determine best practices for leveraging the park's strategic location and resources, allowing the region to take advantage of growing international trade. This investment is part of a $500,000 project.

$200,000 to the Midcoast Regional Development Authority, Brunswick, Maine, to fund a study to determine the feasibility of developing an innovative energy technology cluster in the region, beginning with the site of the Brunswick Naval Air Station, scheduled to close by 2011. The creation of a renewable, alternative energy park on the Station would offer businesses and researchers the opportunity to construct demonstration-sized electricity generation facilities, which would supply energy to the power grid on the Station. Energy cluster development could lead to rapid growth in the green energy sector for the region. This investment is part of a $400,000 project.

$169,763 to the Regents of the University of Michigan, Ann Arbor, to fund the second year of a three-year University Center Program at the University of Michigan Ann Arbor. The scope of work focuses on providing technical assistance and research and development tools to help increase productivity, spur innovation, promote entrepreneurship, and program management to help increase long-term regional competitiveness and economic diversification. This investment is part of $345,581 project.

$169,763 to Purdue University, West Lafayette, Indiana, to fund the second year of a three-year University Center Program at Purdue University. The scope of work focuses on providing technical assistance and research and development tools to help increase productivity, spur innovation, promote entrepreneurship, and program management to help increase long-term regional competitiveness and economic diversification. This investment is part of a $340,888 project.

$160,000 to the University of Wisconsin-Stout, Menomonie, Wisconsin, to fund the second year of a three-year University Center Program at the University of Wisconsin-Stout. The program provides technical assistance and research and development tools to help increase productivity, spur innovation and promote entrepreneurship to help increase long-term regional competitiveness and economic diversification. This investment is part of a $320,000 project.

$150,319 to Cleveland State University, Ohio, to fund the second year of a three-year University Center Program at Cleveland State University. The scope of work focuses on providing technical assistance and research and development tools to help increase productivity, spur innovation, promote entrepreneurship, and program management to help increase long-term regional competitiveness and economic diversification. This investment is part of a $353,704 project.

August 17-21, 2009

EDA announced 22 investments greater than $100,000 during the period August 17-21, 2009 totaling $48,194,545. These investments are part of projects totaling $80,850,219, creating 4,219 jobs, saving 500 jobs, and generating more than 877.8 million in private investment.

$7,158,520 in disaster recovery funds to the city of Coralville, Iowa to support the construction of rail corridor improvements in Coralville. The project will improve flood protection for the rail corridor and prevent future damages to area businesses which were severely impacted by the 2008 Midwest floods. This investment is part of an $8,948,150 project.

$6.46 million to the Bayonne Local Redevelopment Authority, Bayonne, New Jersey. This investment, funded by the Department of Defense's Office of Economic Adjustment and administered by EDA, supports the rehabilitation and stabilization of berths and shoreline at the Peninsula at Bayonne Harbor, the former site of a Department of Army/Military Traffic Management Command Installation that was included in the 1995 BRAC round of military base closures. The improvements are needed to stop further erosion and deterioration of the site and prepare it for future development as a mixed-use waterfront community of residential, light industrial, commercial and recreational space. This investment is part of a $7,177,778 project.

6,426,754 in Recovery Act funds to the Fort Ord Reuse Authority, California, for construction of road upgrades to improve access at the former Fort Ord Army Base. These improvements will promote the further redevelopment of the former base for commercial and industrial use, including the expansion of five new college and university campuses on the site. This investment is part of a $12,853,508 project that will help create 1,450 jobs and generate $120 million in private investment.

$3,199,933 to the city of El Centro, California, to construct street and utility improvements that will open up three commercial and industrial sites in El Centro to entrepreneurs. The construction will help diversify the largely agricultural local economy by giving these new businesses space to locate and linking them to the global economy through the nearby railroad and airport. This investment is part of a 4,042,951 project that will help create 417 jobs and generate $120 million in private investment.

$3.169 million in Recovery Act funds to the city of Ocala, Florida, to fund critical road, water and wastewater line improvements to facilitate development of a new road segment in Ocala. These improvements will help create jobs by enabling three companies to locate in the area and by providing opportunities for the future development of four additional industrial lots. This investment is part of a $4,150,033 project that will help create 77 jobs and generate $24.9 million in private investment.

$2.1 million to the Southwest Key Program, Inc., Austin, Texas, to fund the construction of the Southwest Key Social Enterprise Complex. The Southwest Key Program, a non-profit organization located in Austin, will use this facility to provide vocational skills training, workforce development resources, vocational counseling support, and a multitude of social entrepreneurship activities to low-skilled and disadvantaged populations across the region. This investment is part of a $2.65 million project.

$1,926,961 to Grant County, New Mexico, to fund renovation of a former retail building to create the Grant County Business Development and Conference Center. The converted space will house a business incubator, call center, restaurant and catering facility, and conference center, creating an operational base for existing and start-up businesses in Grant County. The Center will attract new employers and increase employment opportunities in the region. This investment is part of a $4,826,961 project. That will help generate $3.4 million in private investment.

$1.645 million in Recovery Act funds to Luce County, the Luce County Road Commission, and the Pentland Township, Newberry, Michigan, to fund road, water, sewer, and rail spur construction to expand Luce County Industrial Park, allowing new business growth and creating jobs for the region. This investment is part of a $2.35 million project that will help create 150 jobs and generate $20 million in private investment.

$1,592,627 in Recovery Act funds to the city of Canton, Illinois, to construct infrastructure for a bio-medical business park in Canton. The former brownfield site will be equipped with street, water, sewer, and storm water improvements. Bio-medical sector businesses will be attracted to the region. This investment is part of a $3,185,253 project that will help create 250 jobs and generate $10 million in private investment.

$1.5 million to the city of McGregor, Texas, to fund construction of infrastructure improvements to further develop the McGregor Industrial Park. The water, wastewater, and rail system construction will equip the park for new alternative energy companies. This investment is part of a $5.99 million project that will help create 350 jobs and generate $160 million in private investment.

$1.5 million to Texas State Technical College-Waco, Texas, to construct state-of-the-art classroom space and lab facilities in the Texas State Technical College (TSTC) Waco Aerospace Technology Center. There is such demand for workers with this special training that the placement rate for TSTC graduates in higher-skill, higher-wage aviation jobs is 100%. The new programs offered will more than double enrollment in the center, and the region's aerospace industry will have the opportunity to invest in upgrading the skills of their employees. This investment is part of a $3.65 million project that will help create 88 jobs and generate $168 million in private investment.

$1,475,129 to the city of Minot, North Dakota, to construct road, water and sewer infrastructure for a new regional energy park in Minot. The park will enable the development of a regional energy cluster of businesses and industries to support the expanding oil and gas industry in western North Dakota. The investment will help to diversify and stabilize the agricultural-based regional economy and provide increased opportunities for higher-skill, higher-wage jobs. This investment is part of a $4,481,975 project that will help create 630 jobs and generate $138 million in private investment.

$1,404,270 in disaster recovery funds to Glynn County, Georgia, to construct a Certified Drivers License (DCL) Testing Center in Glynn County, which suffered severe damage from a tornado in 2008. The Testing Center, to be operated and maintained by the Georgia Department of Driver Services, will serve a 27-county area in southeast Georgia, an area that includes coastal ports, rail lines, and industries, all depending on drivers with CDL credentials. This investment is part of a $2,812,880 project.

$1.28 million to Langlade County and the North Central Wisconsin Technology College, Antigo, Wisconsin, to fund construction of the Wood Technology Center of Excellence on the Antigo campus of the North Central Wisconsin Technical College. The Center will provide essential training to workers in the wood products industry, which is the mainstay of the region's economy. The enhanced training is needed to keep the northern Wisconsin region globally competitive in the wood products manufacturing sector. This investment is part of a $2.56 million project that will help create 430 jobs and generate $14 million in private investment.

$1.204 million in Recovery Act funds to the Southern Carolina Regional Development Alliance, Barnwell, South Carolina, to fund construction of railway storage and track that will better serve the South Carolina Technology Park in Barnwell, creating opportunity for more tenants and job creation. This investment is part of a $1.72 million project that will help create 52 jobs and generate $72 million in private investment.

$1.2 million in disaster recovery funds to the county of Maui, Hawaii, to fund an environmental assessment and final design for a municipal parking structure in Wailuku. The lack of sufficient parking is a major impediment to the success of existing businesses and encouraging new business development in the area. By eliminating this problem, the new structure will help revitalize the commercial core of Wailuku and speed the city's recovery from the severe storms of December 2007. This investment is part of a $1.6 million project.

$1,095,500 in disaster recovery funds to Seward County and the City of Seward, Nebraska, to construct road improvements in Seward County necessary to improve flood protection to area residents and businesses. The roadwork will help avoid the threats to jobs caused by flooding, such as that experienced in June 2008. This investment is part of a $1.8 million project that will help save 500 jobs.

$1.064 million to the Maui Economic Development Board, Kihei, Hawaii, to fund construction of the Renewable Energy Resource Center in Kihei. The Center will help diversify Maui's agriculture-dependent economy by supporting development of renewable energy businesses designed to use Hawaii's abundant natural resources. The renewable sources include solar, wind, and wave energy, as well as algae and other crops used to generate biofuels. This project is funded in part through EDA's Global Climate Change Mitigation Incentive Fund, which is intended to foster the green economy by promoting economic competitiveness while enhancing environmental quality. This investment is part of a $1.33 million project that will help create 175 jobs and generate $5 million in private investment.

$1 million to the city of Derby, Connecticut, to fund infrastructure construction to support the development of the 26-acre Derby Commerce Park. The project includes construction of an access road, site preparation, water/sewer line installation, storm water drainage, and landscaping. The Park will provide research, manufacturing, and office space for businesses interested in locating in Derby, creating increased opportunities for higher-skill, higher-wage jobs. This investment is part of a $2 million project that will help create 150 jobs and generate $22.5 million in private investment.

$1 million to the city of Laredo, Texas, to fund the design and engineering studies for River Vega, a Rio Grande riverfront commercial and retail development in Laredo. River Vega will transform the underused riverfront area to allow business growth and job creation. This investment is part of a $1.5 million project.

$442,854 to the Capital Area Economic Development district, Inc., Austin, Texas, to fund the development of a smart grid, or "energy internet," business incubator in the Texas Capital Region. Next generation energy distribution is an emerging industry in the region, and the proposed incubator will help to establish the field as a new, innovative industry cluster in the Austin area and provide opportunities for significant higher-skill, higher-wage job creation. This investment is part of a $748,090 project.

$350,000 to the California Association for Local Economic Development, Sacramento, California, to support the California Association for Local Economic Development's (CALED) efforts to improve local financial efficiency across the state. CALED will establish a network of non-bank revolving loan funds and provide advisory services to help local communities create financing strategies for infrastructure improvements. These initiatives will improve the capabilities of community leaders, planners, and loan program operators to provide much needed economic development assistance which will create higher-skill, higher-wage jobs across California. This investment is part of a $472,640 project.

August 10-14, 2009

EDA announced five investments greater than $100,000 during the period August 10-14, 2009 totaling $11.046 million. These investments are part of projects totaling $18,767,026, creating 3,301 jobs, saving 965 jobs, and generating more than 155 million in private investment.

$4 million to the city of Lufkin, Texas, to support infrastructure improvements, including road and water line construction, to develop an industrial site on the east side of the city of Lufkin. These improvements will create jobs by increasing Lufkin's commercial capacity to support the location of a new manufacturing operation on the site. This investment is part of a $5,817,026 project that will help create 175 jobs and generate $7.5 million in private investment.

$2 million to the Grayson County College Foundation, Inc., Denison, Texas, for construction of the Rayburn Center, a regional business and industrial development center in Denison. The Center will provide the workforce training, education, and assistance needed to encourage new business development, foster business incubation, and promote the expansion of existing industries across the region. This investment is part of a $4 million project that will help create 200 jobs and generate $2.5 million in private investment.

$1.98 million to the Virginia Tech Corporate Research Center, Blacksburg, Virginia, to fund construction of multiple infrastructure improvements necessary to support Phase 2 development of the Virginia Tech Corporate Research Center. The expanded facility will benefit new and existing businesses and enhance the overall competitiveness of the New River Valley region. This investment is part of a $3.96 million project that will help create 2,000 jobs and generate $140 million in private investment.

$1.9 million in disaster recovery funds to the Little Rock Port Authority, Little Rock, Arkansas, for construction of a new unloading facility, including an overhead bridge crane, at the Little Rock Port Authority Slack Water Harbor. This project will help the Port accommodate the increased tonnage needs of new and expanding industries in the Little Rock Port Industrial Area, promoting further growth of existing businesses. The facility will also enable the Port to operate when the Arkansas River is at flood stage which would not be possible without the proposed improvements. This investment is part of a $2.54 million project that will help save 965 jobs.

$1.166 million to the city of Sturgis, Michigan, to fund construction of a new water main, sewer lines, and road infrastructure for a 90-acre, city-owned site to accommodate development of a new industrial park. The enhanced infrastructure will attract new industry to the site and bring new jobs to the region replacing those lost due to recent plant closures. This investment is part of a $2.45 million project that will help create 926 jobs and generate $5 million in private investment.

August 3-7, 2009

EDA announced five investments greater than $100,000 during the period August 3-7, 2009 totaling $7,183,416. These investments are part of projects totaling $9,035,096, creating 600 jobs, saving 2,228 jobs, and generating more than $40 million in private investment.

$4,057,300 in disaster recovery funds to Mercy Medical Center, Cedar Rapids, Iowa, for construction of new steam production facilities at Mercy Medical Center in Cedar Rapids. The Medical Center's former facility was destroyed in the Midwest floods of 2008, leaving the Medical Center without an affordable source of heat. The new facility will ensure continued operation of the Medical Center and retention of its 2,228 person workforce. This investment is part of a $4,057,300 project that will help save 2,228 jobs.

$1.914 million in disaster recovery funds to the city of Claremore, Oklahoma, for construction of a regional railroad-based trans-modal facility in the Claremore North Business Park. The new facility will enhance the ability of regional manufacturing entities to transport goods and will help the region become disaster resilient by providing additional, alternative transportation options during major flooding events and severe weather. This investment is part of a $2.55 million project.

$950,000 to the city of Hutchison, Minnesota, for construction of roadway, storm and sanitary sewer and water main infrastructure for a new municipally-owned industrial park in Hutchinson. The new park will allow for diversification of the local economy. This investment is part of a $1.9 million project that will help create 600 jobs and generate $40 million in private investment.

$160,000 to Bowling Green State University, Bowling Green, Ohio, to fund the second year of a three-year University Center Program at Bowling Green State University and Ohio University. The program provides technical assistance and research and development tools to help increase productivity, spur innovation, and promote entrepreneurship to help increase long-term regional competitiveness and economic diversification. This investment is part of a $320,000 project.

$102,116 to the University of Rhode Island, Kingston, Rhode Island, to fund the second year of a three-year University Center Program at the University of Rhode Island. The program provides technical assistance and research and development tools to help increase productivity, spur innovation and promote entrepreneurship to help increase long-term regional competitiveness and economic diversification. This investment is part of a $207,796 project.

July 27-31, 2009

EDA announced seven investments greater than $100,000 during the period July 27-31, 2009 totaling $3,993,441. These investments are part of projects totaling $7,361,366, creating 409 jobs, saving 14 jobs, and generating more than $16.5 million in private investment.

$1.5 million to the Lubbock Economic Development Alliance, Lubbock, Texas, to fund construction of rail spurs at the Lubbock Rail Port, a business park located in Lubbock. The construction will create sites for businesses to load and unload rail cars and attract more companies to locate in the business park. The region will benefit from the new jobs with higher wages. This investment is part of a $3 million project that will help create 50 jobs and generate more than $4 million in private investment.

$1.26 million in recovery funds to the city of Ladysmith, Wisconsin, for expansion of two fully-occupied, city-owned, multiple-tenant manufacturing facilities in Ladysmith's Meadowbrook Industrial Center. The expanded facilities will provide affordable industrial space that will benefit existing businesses looking to expand and allow new industrial growth which is expected to help diversify the regional economy and create jobs to replace those lost in recent closures. This investment is part of a $2.1 million project that will help create 136 jobs and generate $4.4 million in private investment.

$616,441 in recovery funds to the village of Milledgeville, Illinois, for construction of roadways, water, sewer, and storm detention infrastructure for a new industrial park in the Village of Milledgeville. The industrial park fills a regional need for space for industrial expansion and new business development and will help offset severe regional job loss. This investment is part of a $1,232,883 project that will help create 158 jobs, save 14 jobs, and generate $6.8 million in private investment.

$184,000 in recovery funds to the city of Kennedy, Minnesota, to support renovation of a former school building to serve as a "green" business incubator. The new incubator will provide space and resources to businesses looking to start up or expand in the alternative energy "green" industries. This investment is part of a $368,000 project that will help create 65 jobs and generate $1.3 million in private investment.

$150,000 to the Board of Cuyahoga County Commissioners, Cleveland, Ohio, to fund the design and engineering work for construction of a pedestrian bridge over the Norfolk Southern Railroad tracks to give access to Cleveland's lakefront area known as the Flats. The development of the Flats will attract private investment and jobs to the city's natural assets, the Cuyahoga River and Lake Erie shores, for development of retail and office space near Wendy Park. This investment is part of a $227,483 project.

$150,000 to the Regents of the University of Minnesota, Minneapolis, Minnesota, to fund the second year of a three-year University Center Program at the University of Minnesota, Crookston. The scope of work focuses on providing technical assistance, applied research, information dissemination, and program management to help increase productivity, spur innovation, promote entrepreneurship, and increase long-term regional competitiveness and economic diversification. This investment is part of a $300,000 project.

$133,000 for a performance award to the city of Muscle Shoals, Alabama, in recognition of the City’s exceptional management of an EDA-funded project to construct infrastructure for the Northwest Alabama Airport Industrial Park. The project has produced even more jobs and private investment than was projected. This investment is part of a $133,000 project.

July 20-24, 2009

EDA announced 12 investments greater than $100,000 during the period July 20-24, 2009 totaling $18,560,659. These investments are part of projects totaling $38,376,357, creating 1,351 jobs, saving 2,800 jobs, and generating more than $251 million in private investment.

$8,199,800 in disaster recovery funds to the University of Florida, Gainesville, for construction of the Florida Innovation Hub, a technology incubator located near the campus of the University of Florida in Gainesville. The incubator will meet the market demand for office and laboratory space for a number of emerging and existing start-up companies pursuing commercialization of technologies developed at the university and its research partners. The building will be constructed to meet the Gold Certification level of energy efficiency under the Leadership in Energy and Environmental Design (LEED) Green Building Rating System. The region is recovering from Tropical Storm Fay in 2008 and from a number of hurricanes since 2004. This investment is part of a $13,199,800 project that will help create 300 jobs and generate $30 million in private investment.

$3,948,500 to the District Board of Trustees of Indian River State College, Fort Pierce, Florida, to construct a new workforce training center on the main campus of Indian River State College that will be its first building to earn the Silver rating for LEED (Leadership in Energy and Environmental Design) certification for environmentally sustainable construction.

The Center for Competitive Economics and Entrepreneurship will train workers in renewable and nuclear energy, energy efficient building strategies, nanotechnology and micro-fabrication, robotics, and photonics. The jobs created and the industries fueled by the Center’s programs will be primarily in the counties of Indian River, Martin, Okeechobee, and St. Lucie, a region impacted by Hurricane Fay in 2008. This investment is part of a $17,167,394 project that will help create 1,050 jobs and generate $101 million in private investment.

$1,924,334 in disaster recovery funds to the Green River Area Development District, Owensboro, Kentucky, to recapitalize a Revolving Loan Fund (RLF) serving the seven-county Green River area of Kentucky, which comprises Daviess, Hancock, Henderson, McLean, Ohio, Union, and Webster counties, all severely impacted by storms in 2008 and 2009. The funds will assist businesses that were severely impacted by any of the four Presidentially declared natural disasters. This investment is part of a $2 million project.

$1.4 million in disaster recovery funds to the Digital Workforce Academy, Austin, Texas, to fund building renovation for a business incubator at the Golden Triangle Empowerment Center in downtown Port Arthur. The incubator will assist local entrepreneurs in starting and growing businesses in an area which was severely impacted in 2008 by Hurricanes Gustav and Ike. This investment is part of a $1.4 million project.

$800,000 to the Women’s Economic Self-Sufficiency Team, Albuquerque, New Mexico, to complete the construction of the Women's Economic Self-Sufficiency Team (WESST) Enterprise Center, a small business incubator in Albuquerque. The facility will meet Leadership in Energy and Environmental Design (LEED) standards and occupies a former Superfund site. The incubator will house 18 to 30 new or expanding businesses in a federally-designated Pocket of Poverty area of the city. A major portion of the funding for this investment is provided through the Global Climate Change Mitigation Incentive Fund. This investment is part of a $1 million project.

$579,000 in disaster recovery funds to the City of Parkston and the Planning and Development District III, Parkston, South Dakota, for upgrades to the wastewater collection system in Parkston, South Dakota. The improvements will improve the city's wastewater treatment system, which has deteriorated and threatens local businesses. The region was severely impacted by the spring storms of 2008. This investment is part of a $772,000 project that will help save 400 jobs.

$400,000 to Texas A&M University at Kingsville for construction of insect-resistant green houses at the Texas A&M University–Kingsville (TAMUK) Citrus Center in Weslaco. The Center needs the new structures to protect its citrus budwood sources from spreading “greening,” the most deadly citrus disease, which has killed over 70 million trees worldwide. The Center’s efforts will help to protect the Texas citrus industry, which is very important to the Lower Rio Grande Valley, ravaged by Hurricane Dolly in 2008. This investment is part of a $512,100 project that will help create 1 job, save 1,900 jobs and generate $120 million in private investment.

$400,000 to the city of Raymondville, Texas, to fund completion of the Rural Technical Skills Training Center in Raymondville. The Center will include a distance learning program and a small business incubator, providing job training to this impoverished South Texas Coast area, constructing broadband access, and encouraging local entrepreneurship. This investment is part of a $500,000 project.

$325,000 to the city of Shawnee, Oklahoma, to fund construction of a terminal building at the Shawnee Regional Airport. In addition to the increased business opportunities created across the region by improved airport facilities, the technical school located at the airport will use the new terminal building to train students entering the workforce. This investment is part of a $650,000 project.

$200,000 to the Board of Regents of the Nevada System of Higher Education, dba Desert Research Institute, Reno, Nevada, to fund the initial site planning for the proposed Dandini Research Park in the city of Reno. When constructed, the Park will serve as a platform for new technology companies to launch or expand their businesses. The project will, when completed, impact both western Nevada and northeastern California. This investment is part of a $536,363 project.

$194,025 in disaster recovery funds to the city of Freeman, South Dakota, for construction of storm sewer piping and the raising of a dike in Freeman to reroute storm water and protect existing local downtown businesses, which employ many of the town's residents, from recurring floods. This investment is part of a $258,700 project that will help save 500 jobs.

$190,000 to the Brooklyn Economic Development Corporation, New York, to fund expansion of Re-NEW Brooklyn, Brooklyn Economic Development Corporation's borough-wide community and economic planning program. BEDC will work with local universities, nonprofit organizations, and businesses to identify industries in the biotechnology, health care, food production, and "green" clusters which have the capacity to grow or upgrade local jobs. Re-NEW Brooklyn will identify key employers in those industries and develop strategies to help them foster job creation. This investment is part of a $380,000 project.

July 13-17, 2009

EDA announced one investment greater than $100,000 during the period July 13-17, 2009 totaling $1,095,500. This investment is part of a project totaling $1.565 million that will help create 350 jobs and generate $45 million in private investment.

$1,095,500 to the Braxton County Commission and the Flatwoods-Canoe Run Public Service District, West Virginia, to provide funds necessary for the construction of the Flatwoods-Canoe water treatment and distribution system. The improved water system will comply with the safe drinking water standards and permit industrial and business development. This investment is part of a $1.565 million project that will help create 350 jobs and generate $45 million in private investment.

July 6-10, 2009

EDA announced 12 investments greater than $100,000 during the period July 6-10, 2009 totaling $18,609,227. These investments are part of projects totaling $29,487,601, creating 6,257 jobs, saving 570 jobs, and generating more than $258.3 million in private investment.

$3.15 million to the Kokua Kalihi Valley Comprehensive Family Services, Honolulu, Hawaii, to fund the renovation of an existing building to house the Kokua Health and Community Development Center, a health and training center in Honolulu. The Center will double the clinical service space for intern programs for University of Hawaii medical interns and residents and expand medical assistant training programs. The Center will also house a classroom for computer and job training, provide space for micro-manufacturing activities, and open a commercial kitchen to incubate small food-related businesses. Unemployed and underemployed residents who use the Center's health services can be immediately referred for services. This investment is part of a $6.1 million project that will help create 632 jobs and generate $25 million in private investment.

$2,290,500 in disaster recovery funds to New Bourbon Regional Port Authority, Perryville, Missouri, to construct a high water dock at the New Bourbon Port in Perryville. During the severe floods in 2008, local companies were forced to shut down operations and temporarily lay off employees when flooding caused outgoing shipments to cease. The new dock facility will be used during periods of high water, allowing business activities to continue during flooding. This investment is part of a $3.054 million project.

$2.4 million to the Evangeline Economic and Planning District, dba Acadiana Regional Development District, Lafayette, Louisiana, to construct a training, commerce, and small business development assistance center in Lafayette. The center will house workforce training for electricians, plumbers, carpenters, and other skilled trade professionals, much needed in the region for recovery from Hurricanes Katrina, Rita, Ike and Gustav. The facility will also serve as a regional commerce center for a wide variety of business and commerce-related services to be provided by the Acadiana Regional Development District. This investment is part of a $2.4 million project that will help create 150 jobs.

$2.1 million to the city of San Joaquin, California, for expansion of the city’s wastewater treatment plant. The city's current system is inadequate and prevents business expansion or creation in the historically agricultural area. The upgraded system will have almost twice the capacity, and will save threatened existing agricultural jobs and allow the development of new agri-businesses. This investment is part of a $3,000,700 project that will create 500 jobs, save 500 jobs, and generate $50 million in private investment.

$1,867,500 in disaster recovery funds to the Southeast Missouri Regional Port Authority, Scott City, Missouri, to fund upgrades to the rail transportation system at the Southeast Missouri Regional Port Authority. The Port suffered from the 2008 floods, and the upgrades will improve the Port's commercial activity by addressing existing damage and providing a permanent solution to prevent future flood damage. This investment is part of a $2.49 million project.

$1.7 million to the Fresno Area Hispanic Foundation, Fresno, California, to fund the renovation and expansion of a commercial building to serve as a business incubator for Fresno's designated enterprise zone and the Fresno County region. The incubator will continue the work of the Fresno Area Hispanic Foundation in providing technical assistance and microloans to entrepreneurs, and add on-site state-of-the-art technology resources and office space to act as a catalyst for target industries such as Internet web design, graphic design, and custom manufacturing. This investment is part of a $3.1 million project that will help create 900 jobs and generate $36 million in private investment.

$1,041,500 to the city of New Bedford and the Greater New Bedford Industrial Foundation, Massachusetts, to fund construction of road, water, sewer, and other necessary infrastructure to expand the New Bedford Business Park and enable new business development or existing business expansion. Large industrial sites similar to this site are scarce within the region. This investment is part of a $2.083 million project that will help create 500 jobs and generate $37.5 million in private investment.

$1 million to the Harnett Forward Together Committee, Inc., Harnett County, and the East Central Water and Sewer District, Lillington, North Carolina, to construct water, sewer, road, and drainage system infrastructure for Brightwater, Hartnett County's science and technology park. The infrastructure is necessary for Harnett Health Systems, a new hospital and first tenant opening in the Park. This investment is part of a $2,183,852 project that will help create 100 jobs and generate $56 million in private investment.

$1 million to Roger Williams University, Bristol, Rhode Island, to fund the expansion of the Roger Williams University shellfish hatchery center to revive the declining fishery industry in Rhode Island. The new seawater system, aquatic animal veterinary health laboratory, and other equipment will help to restore native shellfish beds, expand local industry, contribute to state tourism, and improve the Bay's water and ecological climate. This investment is part of a $2 million project that will help create 250 jobs.

$843,052 in Recovery Act funds to Muskogee County, Oklahoma, to fund road improvements to the Harris-Shawnee Corridor Development Project in Muskogee, Oklahoma. The road will allow commercial development and a new hospital to locate in the area, bringing new jobs and industries to an area which has suffered major job losses recently. This investment is part of a $1,053,815 project that will help create 125 jobs and generate $52 million in private investment.

$616,675 to the city of Centerville, South Dakota, to fund construction of a storm sewer and roadway improvements in Centerville to provide adequate access for trucks and other vehicles to the grain elevator, the industrial park, and business locations in the region. The 2008 floods in Turner County caused business disruptions and lost revenue. The proposed improvements will prevent future flooding and minimize future business disruptions. This investment is part of an $822,234 project that will help save 70 jobs.

$600,000 in Recovery Act funds to the city of Richland Center, Wisconsin, to fund construction of infrastructure improvements necessary to expand the City's North Industrial Park. The new infrastructure will benefit the existing businesses and allow new industrial growth. The presence of the University of Wisconsin Richland Campus in the City will encourage the development of new technologies and attract entrepreneurs to the region. This investment is part of a $1.2 million project that will help create 100 jobs and generate $1.8 million in private investment.

June 22-26, 2009

EDA announced 14 investments greater than $100,000 during the period June 22-26, 2009 totaling $14,920,486. These investments are part of projects totaling $28,119,653, creating 1,802 jobs, saving 1,623 jobs, and generating more than $150.7 million in private investment.

$2.964 million in Recovery Act funds to the city of Freemont, Ohio, to fund construction necessary for the use of a new reservoir that will provide safe and reliable water to the entire community and to the Heinz Company, the city of Fremont's largest employer, enabling it to retain 470 jobs and upgrade its existing plant to a state-of-the-art "green" facility. The city's previous water source is polluted with high levels of toxic nitrates. This project will also save other local jobs and attract new industries to the area. This investment is part of a $7.8 million project that will help save 470 jobs and generate $30 million in private investment.

$1.9 million in Recovery Act funds to the city of Little Rock, Arkansas, to fund roadway extensions to and from an aircraft completion and service center near Little Rock National Airport. The new roadway will permit additional industries to locate to the site and bring more jobs to the region. This investment is part of a $3.5 million project that will help create 300 jobs, save 350 jobs, and generate $40 million in private investment.

$1.875 million in disaster recovery funds to the city of Fort Pierre, South Dakota, to construct a storm water drainage system from the Fort Pierre Recreational Trail to the Missouri River in Fort Pierre, which suffered from the floods of 2008. This project will help protect existing businesses from future flooding and will greatly reduce further storm losses and economic disruptions. This investment is part of a $2,851,500 project that will help create 15 jobs, save 63 jobs, and generate more than $1.4 million in private investment.

$1.75 million in Recovery Act funds to ACCION New Mexico, Albuquerque, for construction of the regional headquarters of ACCION in the historic Sawmill District of Albuquerque. The non-profit organization will promote small businesses in Bernalillo, Sandoval, Torrance, and Valencia counties through micro-lending and technical assistance. The new headquarters will be LEED-Certified as an energy-efficient, green building. This investment is part of a $2.917 million project that will help create 938 jobs and generate $7.3 million in private investment.

$1.5 million in Recovery Act funds to the Port of Pasco, Washington, for upgrading and modernization of roof structures for nine large warehouse bays at the Big Pasco Industrial Center. This construction will allow the structures to house business incubators, warehouse and distribution businesses, and manufacturing. Target industries for the Center are high-tech environmental manufacturing, including renewable energy. This investment is part of a $3.21 million project that will help create 325 jobs, save 240 jobs, and generate $6 million in private investment.

$1.335 million to Chautauqua County and the Chautauqua County Industrial Development Agency to construct three roads and other needed infrastructure to improve access to the North County Industrial Corridor, which surrounds the Chadwick Bay Industrial Park. These improvements will allow the expansion of existing firms and benefit the region's food processing and trucking distribution clusters. This investment is part of a $2.67 million project that will help create 146 jobs and generate $48 million in private investment.

$984,646 to the Department of Local Government, Frankfort, Kentucky, to support development and implementation of comprehensive economic development strategies (CEDS) in fourteen EDA-designated Economic Development Districts across the Commonwealth of Kentucky. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversity and strengthen the regional economy. This investment is part of a $1,230,807 project.

$906,840 in Recovery Act funds to Cleveland Community College, Shelby, North Carolina, to support renovation and expansion of an existing building on the campus of Cleveland Community College to create classroom and laboratory space for a workforce training facility. Workers in transition will be trained for new, advanced manufacturing positions, which are much needed because of the region's extremely high unemployment rate. This investment is part of a $1,813,680 project that will help create 78 jobs generate $18 million in private investment.

$500,000 in disaster recovery funds to the Texas Engineering Extension Service, College Station, Texas, to fund a complete study of 2008 Hurricane Ike's economic impact on Texas' Gulf Coast. The study will inform future economic development, recovery strategies, and disaster preparedness activities. This complete picture of the economic impact of Hurricane Ike, one of the most costly hurricanes in United States history, will provide a lasting resource for future research and evaluation. This investment is part of a $666,666 project.

$425,000 in Recovery Act funds to Copiah County, Hazlehurst, Mississippi, to fund construction of a new water well to replace one that failed during 2008's severe storms. The industries in the Copiah County Industrial Park depend on a reliable water supply. This investment is part of a $500,000 project that will help save 500 jobs.

$250,000 to Klamath Tribes, Chiloquin, Oregon, to fund a feasibility study and business plan to replace an obsolete lumber mill with a state-of-the-art biomass gasification facility on the Reservation. The facility would use woody biomass and other waste materials to generate electrical power for a green energy business park and other off-site customers. This investment is part of a $250,000 project.

$200,000 to the Confederated Tribes of the Warm Springs Reservation of Oregon, to fund a study to determine basic design and costs for modernizing the obsolete telecommunication system on the Warm Springs Reservation. The study will also support workforce training for those who will use the system. The new, modernized system is necessary to support business and industry on the Reservation. This investment is part of a $200,000 project.

$180,000 to the San Jose Silicon Valley Chamber of Commerce and the Santa Clara Valley Water District, San Jose, California, to fund a joint study of the redevelopment of the Alviso Port in the southern San Francisco Bay by the San Jose Silicon Valley Chamber of Commerce and the Santa Clara Valley Water District. The old port is severely deteriorated and is now unusable. This study will identify steps to redevelop the port for transportation, commerce, and industry. This investment is part of a $360,000 project.

$150,000 in disaster recovery funds to the Eastern Oklahoma Development District, Muskogee, Oklahoma, to create a statewide Disaster Response Center to assist in the recovery efforts of the 51 Oklahoma counties designated Presidentially-declared Disaster Areas in 2008. The Center will assist these areas in their recovery efforts by assessing economic losses, developing an economic recovery strategy, developing disaster recovery and mitigation projects, and coordinating project implementation and evaluation. This investment is part of a $150,000 project.

June 15-19, 2009

EDA announced eight investments greater than $100,000 during the period June 15-19, 2009 totaling $3,505,649. These investments are part of projects totaling $5,344,081, creating 917 jobs, saving 140 jobs, and generating more than $27.5 million in private investment.

$880,000 for a joint investment to Roane State Community College/Tennessee Board of Regents State University and Community/College System of Tennessee, Harriman, Tennessee, to construct a business incubator facility on the Crossville campus of Roane State Community College. The new incubator will serve as a catalyst for economic development and job growth by growing new small businesses in the Cumberland County region. The energy-efficient facility will be constructed to Silver Level in accordance with the Leadership in Energy and Environmental Design (LEED) green building certification standards. This investment is part of a $1.28 million project that will help create 122 jobs and generate more than $620,000 in private investment.

$780,000 to the Cadiz-Trigg County Industrial Development Authority, Inc., Kentucky, for construction of a drainage system and a multi-purpose parking area at the industrial park, allowing a new industry to locate there. The construction may also benefit other new occupants of the park. The region has suffered not only from Hurricane Ike in 2008, but from plant closings causing large job losses. This investment is part of a $1.04 million project that will help create 150 jobs, save 60 jobs, and generate $5.5 million in private investment.

$598,000 for a joint investment to the Technical College of the Lowcountry/Hampton County/Technical College of the Lowcountry Area Commission, Beaufort, South Carolina, to fund the renovation and expansion of the Mungin Center, a workforce training center on the Hampton Campus of the Technical College of the Lowcountry in Varnville, South Carolina. The Center will train workers for the region's manufacturing base so that existing businesses can grow and new industry can develop. The region benefited by the graduates includes Allendale, Bamberg, Colleton, Hampton, and Jasper counties in South Carolina, and Screven County in Georgia. This investment is part of a $996,900 project that will help create 145 jobs and generate $5.4 million in private investment.

$437,899 for a joint investment to the Fond du Lac County Economic Development Corporation and the Center for Enterprise Development, Inc., Fond du Lac, Wisconsin, to investment fund a three- year "economic gardening" program in Fond du Lac County and the city of Waupun in Dodge County, an area severely affected by the Midwest floods of 2008. This business assistance program, which has a history of success, will provide research and marketing tools to aid in the recovery of businesses and nonprofit organizations, creating jobs and leveraging private capital investment. This investment is part of a $744,181 project that will help create 500 jobs and generate $16 million in private investment.

$354,750 in disaster recovery funds to the city of Springfield, South Dakota, to fund construction of a storm water drainage system in an area damaged by floods in 2008. The new system will protect local businesses from future flash flooding. This project will save jobs and greatly reduce future business losses and economic disruptions. This investment is part of a $473,000 project that will help save 80 jobs.

$180,000 to the University Corporation at Monterey Bay, California, to fund the planning for development of an Institute for Innovation and Economic Development at California State University at Monterey Bay. The institute will provide a venue for innovative ideas, support for commercial transfer of research and technology, and a communications and training network at the University to support entrepreneurs. This investment is part of a $360,000 project.

$150,000 in disaster recovery funds to the State of Hawaii, Honolulu, to fund the preparation of a natural disaster recovery strategy to supplement the state's existing Comprehensive Economic Development Strategy (CEDS). The plan will better protect commercial and industrial infrastructure and increase Hawaii's economic resiliency should a natural disaster occur. This investment is part of a $200,000 project.

$125,000 to the Woodland Redevelopment Agency, California, to fund the planning and design of a downtown public transit center and parking garage in Yolo County. The garage will be the transportation hub for a new public administration and judicial services economic cluster. This investment is part of a $250,000 project.

June 8-12, 2009

EDA announced five investments greater than $100,000 during the period June 8-12, 2009 totaling $8,872,280. These investments are part of projects totaling $16,590,560, creating 3,234 jobs, saving 401 jobs, and generating $3.21 billion in private investment.

$3.3 million in ARRA funds to the city of Levelland, Texas, to construct expanded rail service, as well as water, wastewater, and road infrastructure at the Levelland Industrial Rail Park. These improvements will benefit current tenants of the Park and make it possible to recruit new industries. The new rail service will produce transportation savings for smaller users and make them more competitive in the worldwide marketplace. This investment is part of an $8.6 million project that will help create 584 jobs and generate $68.7 million in private investment.

$1.6 million in ARRA funds to the Terrebonne Parish Consolidated Government, Houma, Louisiana, to extend and improve wastewater infrastructure with backup power for continued operation when storms create power outages to the Port of Terrebonne, the Woodlawn Industrial Park, and the Louisiana Petroleum Institute. The area has been repeatedly damaged by the Hurricanes of 2005 and Gustav and Ike in 2008. The improved utility structure will protect industry and shipping. This investment is part of a $1.646 million project that will help create 1,000 jobs and generate $28 million in private investment.

$1.7 million joint investment to the Town of West Bath, City of Bath, Bath Development Corporation, and Bath Water District, Maine, to fund the acquisition of land and construction of infrastructure to expand the Wing Farm Business Park. Many local jobs are being lost because of the ongoing closure of the Brunswick Naval Air Station, making this business park expansion vital to the economic health of the region. This investment is part of a $3.4 million project that will help create 300 jobs and generate $26 million in private investment.

$1.6 million in ARRA funds to the St. James Parish Government, Convent, Louisiana, to expand the water treatment capacity of the East Bank Water Treatment Plant in St James Parish. The planned expansion will enable new industries to locate in the parish, creating many jobs in this region, which suffered damage from Hurricane Gustav in 2008, and where evacuees from Hurricanes Katrina and Rita have remained. This investment is part of a $1.6 million project that will help create 1,219 jobs and generate $3 billion in private investment.

$672,280 in ARRA funds to the city of Gadsden, Alabama, to construct water and sewer infrastructure to expand the occupancy of an industrial park in Gadsden. The construction will allow updating and expansion of facilities and open up the site for additional industries. The region has suffered from the closing of steel mills and outsourcing of other industry. This investment is part of a $1,344,560 project that will help create 131 jobs, save 401 jobs, and generate $97.9 million in private investment.

June 1-5, 2009

EDA announced four investments greater than $100,000 during the period June 1-5, 2009 totaling $10,020,000. These investments are part of projects totaling $14,693,300, creating 159 jobs, saving 5,288 jobs, and generating more than $78.5 million in private investment.

$4.65 million for disaster recovery to the St. Luke’s Health Care Foundation and Coe College to construct a steam heating plant to be shared by St. Luke's Hospital and Coe College in Cedar Rapids. The previous plant was destroyed by flooding in 2008. The hospital, the college, and the city of Cedar Rapids will all benefit from the jobs saved and the services retained. This investment is part of a $5,693,300 project that will help save 3,150 jobs.

$2.7 million in ARRA funds to the state of Montana to create a Revolving Loan Fund for the timber and wood products industry in Montana. The RLF will provide both technical assistance and financing, saving many family wage jobs in the state's leading industry. This investment is part of a $5.4 million project that will help save 1,600 jobs and generate $73 million in private investment.

$2.25 million in ARRA funds to the city of Elk City, Oklahoma, to fund improvements to storm drainage and substandard streets at Elk City's industrial park. The improvements will save jobs at existing companies and create additional opportunities for industry. The region suffered extraordinary losses from severe storms and flooding in 2008. This investment is part of a $3 million that will help save 447 jobs.

$420,000 in ARRA funds to the Rockcastle County Industrial Development Authority, Mount Vernon, Kentucky, to fund construction of water, sewer, and electrical infrastructure to expand the Rockcastle Industrial Park South in Mount Vernon. This investment is part of a $600,000 project that will help create 159 jobs, save 91 jobs and generate $5.3 million in private investment.

May 25-29, 2009

EDA announced 11 investments greater than $100,000 during the period May 25-29, 2009 totaling $37,216,207. These investments are part of projects totaling $49,786,490, creating 2,848 jobs, saving 831 jobs, and generating more than $388.6 million in private investment.

$10 million to the University of Texas Medical Branch at Galveston to fund building renovations and construction to the Customs House, damaged by Hurricane Ike in 2008, on the campus of the University of Texas Medical Branch at Galveston. The work will allow the 14 biotech companies that were displaced to return to their incubator, the Center for Technology and Workforce Development, and for 24 more biotech companies to secure office and lab space. This investment is part of an $11.91 million project.

$4 million to the Orange County Navigation and Port District, Texas, to fund harbor development and improvements to allow transfer of containers onto and off barges at the Port of Orange, which was devastated by Hurricane Ike in 2008. The barges would unload export containers at the Port of Houston for shipment on large ocean vessels. Ending shipments to and from Houston by truck would save money, reduce highway congestion, and support existing industry clusters. This investment is part of a $5.595 million project that will help create 43 jobs and save 15 jobs.

$3.5 million to the Lower Rio Grande Valley Development Council, McAllen, Texas, to provide technical assistance to develop regional disaster-resilient economic development strategies for Hidalgo, Cameron, Willacy and Starr counties. The region suffered substantial damage from Hurricane Dolly in 2008. This investment is part of a $3.5 million project.

$3.47 million to the city of Redding, California, for construction of an emergency access road and bridge at the Stillwater Business Park in Redding. The added infrastructure will allow more business development on the site. This investment is part of a $6.94 million project that will help create 630 jobs and generate $11.1 million in private investment.

$3 million to the Trinity Bay Conservation District, Anahuac, Texas, to fund construction of almost 6 miles of water and sewer lines along Interstate Highway 10 in Chambers County, which suffered major damage from Hurricane Ike's storm surge in 2008. The construction will bring the county a more diverse economy and make it more disaster resilient through the retail industry the new infrastructure will enable. This investment is part of a $4,011,200 project.

$2,768,100 to the city of Newberry, Florida, for construction of a well, a water tank, and other water improvements necessary for industrial development in Alachua County, which suffered widespread flooding from Tropical Storm Fay in 2008. This construction is expected to lead to more industrial development in the future and the creation of more jobs. This investment is part of a $3,690,800 project that will help create 250 jobs and generate $45 million in private investment.

$2,678,107 to the Camden County Municipal Utilities Authority, Camden, New Jersey, to fund construction of sewer lines to facilitate the expansion of the Campbell Soup Company's world headquarters campus and the development of an adjacent Gateway Office Park in Camden. The new construction supported by this project will enhance regional competitiveness and support long-term economic development. This investment is part of a $3,348,000 project that will help create 960 jobs, save 816 jobs, and generate $34.6 million in private investment.

$2.5 million to the city of Nassau Bay, Texas, to fund road, water, sewer and power line infrastructure improvements for Nassau Bay Town Square. The Town Square development will attract businesses, jobs, and private investment to this region, which was severely impacted by Hurricane Ike in September 2008. This investment is part of a $3.125 million project that will help create 495 jobs and generate $150 million in private investment.

$2.225 million to the Macon Water Authority, Georgia, to fund construction of water, sewer, and road infrastructure to allow industrial development in the I-75 Business Park in Bibb County, which suffered significant damage from a 2008 tornado. This construction project will also allow future development in the business park. This investment is part of a $2,966,790 project that will help create 60 jobs and generate $21 million in private investment.

$1.8 million to the city of Batesville, Arkansas, to fund the renovation of a former machining facility in Batesville to convert the facility into a manufacturing plant. The region needs the infusion of jobs and private investment to recover from severe storms in 2008. This investment is part of a $3 million project that will help create 390 jobs and generate $120.4 million in private investment.

$1.275 million to the city of Roberta and Crawford County to fund the construction of sewer system infrastructure for the Crawford County Industrial Park, which will allow expansion of existing industries and open up 90 more acres for new industries. The County suffered significant tornado damage to homes and businesses in February 2008. This investment is part of a $1.7 million project that will help create 20 jobs and generate $6.5 million in private investment.

May 18-22, 2009

EDA announced 15 investments greater than $100,000 during the period May 18-22, 2009 totaling $37,210,100. These investments are part of projects totaling $61,224,825, creating 5,248 jobs, saving 274 jobs, and generating more than $618.1 million in private investment.

$10 million to the Board of Trustees of the Galveston Wharves, dba Port of Galveston, and the City of Galveston, Galveston, Texas, to fund construction at Galveston's port to repair damage from Hurricane Ike in 2008. The Port facilities, built in 1948, were outdated, and the new construction will result in increased efficiency, drawing new customers and increasing cargo movement. This investment is part of a $15 million project that will help retain 274 jobs and generate $12 million in private investment.

$10 million to the Gulf Coast Economic Development District, Houston, Texas, to capitalize the Gulf Coast Revolving Loan Fund, which will assist southeastern Texas businesses severely impacted by Hurricanes Gustav and Ike in 2008. This investment is part of a $10 million project.

$3 million to the city of Brighton, Colorado, to fund construction of road and water infrastructure for the Northeastern Renewable Energy Park, a new industrial park in Brighton. This renewable energy corridor for clean energy manufacturers will create green jobs in northeastern Colorado and contribute to the nation's energy independence. This investment is part of an $8.5 million project that will help create 1,500 jobs and generate $295 million in private investment.

$3 million to the Maricopa County Community College District, Phoenix, Arizona, to fund the design and construction of a bioscience business incubator and workforce training facility at GateWay Community College in Phoenix, one of the Maricopa Community Colleges. The new facility will include wet and dry laboratories and help grow the region's bioscience cluster, commercializing research innovations and encouraging entrepreneurship. This investment is part of a $6 million project that will help create 600 jobs and generate $18 million in private investment.

$2 million to the Port Authority of Guam, Piti, Guam, to fund the environmental, architectural, and engineering design for expanding and modernizing the Port of Guam. Improving the port will prepare Guam for the volume of shipping for increased numbers of American troops, generate trade opportunities, encourage tourism, and diversify the local economy. This investment is part of a $4.795 investment.

$2 million to the Pensacola-Escambia Promotion and Development Commission/City of Pensacola/Emeral Coast Utility Authority/Escambia County, Florida, for a joint investment to construct street and water infrastructure for the Pensacola Technology Campus in downtown Pensacola, a brownfield site. Three technology companies will locate on the campus and additional sites in the park will be available for future growth. This investment is part of a $3,744,100 project that will help create 670 jobs and generate $26.5 million in private investment.

$2 million to the city of Friendswood, Texas, to fund water and sewer infrastructure for the Clearwood Business Park in the town of Friendswood, which is located in both Galveston and Harris counties. The new infrastructure will help provide a disaster-resilient location for businesses forced to relocate after Hurricane Ike in 2008. It is expected that this investment will keep many bio-medical jobs in the area that were expected to be lost from the closing of the University of Texas Medical Branch, Galveston. This investment is part of a $2,570,500 project that will help create 100 jobs and generate $10 million in private investment.

$1.2 million to Chaminade University of Honolulu, Hawaii, to fund the renovation of an existing building on the Chaminade University campus in Honolulu, to add a nursing and medical training suite with laboratories and a state-of-the-art human simulator. The registered nurses trained there will themselves benefit from higher-paying jobs and will help to alleviate nursing shortages in Hawaii and the Pacific islands. Biomedical research companies in the region have a critical need for well-trained nurses to run clinical trials. This investment is part of a $2.4 million project that will help create 330 jobs and generate $25 million in private investment.

$1 million to the city of El Dorado, Kansas, to construct water, road, and railroad infrastructure for a city-owned industrial park in El Dorado. The improvements will allow existing businesses to expand and new businesses to locate to the site. This investment is part of a $2,919,145 project that will help create 80 jobs and generate $34 million in private investment.

$1 million to the National Association of Development Organization Research Foundation, Washington, DC, to fund a three-year study by the NADO Research Foundation to assess the role of economic development districts (EDDs) in disaster mitigation and economic recovery. The focus will be on EDDs in EDA's Austin region. The study will examine the regional economic impact of disasters and the role of EDDs in recovery efforts. The products of the study will be a model for EDD roles in recovery initiatives that can be used by other regions and innovative EDD recovery examples--tools that can be employed nationwide. This investment is part of a $1 million project.

$900,000 to the Gulf Coast Economic Development District, Houston, Texas, to fund increased efforts by the Gulf Coast Economic Development District for southeastern Texas communities that were severely impacted by Hurricanes Gustav and Ike in 2008. The District will use the investment to develop and assist in monitoring several EDA disaster recovery projects, to establish policies to prepare the region for future disaster recovery operations, and to administer the District's Revolving Loan Fund. This investment is part of a $1.05 million project.

$798,600 to Fairfield County and Midlands Technical College, Winnsboro, South Carolina, for a joint investment to fund construction of a workforce training center on the campus of the Midlands Technical College. Workers will receive specialized training for employment in the region's growing nuclear power industry. This investment is part of a $1,406,080 project that will help create 1,613 jobs and generate $168 million in private investment.

$365,000 to the city of Conneaut, Ohio, to fund construction of road and water infrastructure necessary for a well-situated industrial park in the city of Conneaut. The new park will attract industry and create jobs in the region. This investment is part of a $1.44 million project that will help create 355 jobs and generate $29.6 million in private investment

$150,000 to the Southwest Arkansas Planning and Development District, Inc., Magnolia, Arkansas, to establish a statewide disaster response center with a cadre of professional and volunteer personnel to assist Presidentially Declared Disaster Areas with recovery efforts to assess economic losses, develop an economic recovery strategy, develop disaster recovery and mitigation projects, coordinate project implementation, and evaluate both short and long term recovery of the regional economy. The Center will help the State recover from the devastating floods of 2008. This investment is part of a $150,000 project.

$125,000 to the Southeast Community Capital Corporation, Nashville, Tennessee, to fund the planning and development of a $100 million loan fund to benefit the entire state of Tennessee with an innovative approach to economic development. The Southeast Community Capital Corporation will create jobs by lending directly to businesses for energy efficient upgrades and retrofits. Repayment of the loans will be based on a 50/50 share of the revenues generated through energy savings from implemented projects. Participating businesses will increase their productivity, profitability, and competitiveness in both regional and global economies. This investment is part of a $250,000 project.

April 27 – May 1, 2009

EDA announced six investments greater than $100,000 during the period April 27-May 1, 2009 totaling $4,684,965. These investments are part of projects totaling $6,219,715, creating 29 jobs, saving 113 jobs, and generating more than $28.6 million in private investment.

$2,690,965 to the city of Northwood, North Dakota to fund construction of water and street infrastructure to allow businesses to rebuild and to enable expansion of new industries in the City of Northwood, which was devastated by an F4 tornado in August 2007. This investment is part of a $3,639,715 project that will help create 29 jobs, save 113 jobs, and generate $28.6 million in private investment.

$800,000 to Idea Village, New Orleans, Louisiana, to fund the IDEA CORPS program, matching visiting MBA students with local entrepreneurs and start-up companies to provide technical assistance and business assessment assistance, ensuring the long-term success of emerging industry clusters in the New Orleans region. The technical and strategic assistance will include green technology, medical distribution and production, and information technology, web development, and digital media production. All efforts are to assist in the region's continuing recovery efforts following Hurricanes Katrina and Rita. This investment is part of a $1 million project.

$750,000 to the Greater New Orleans Development Foundation, New Orleans, to support the ongoing efforts of the Greater New Orleans, Inc. Regional Economic Alliance (GNO) to generate effective regional economic development in the New Orleans area. GNO will implement a coordinated economic recovery strategy to address critical needs and capitalize on the region's unique assets in the wake of Hurricanes Katrina and Rita. GNO serves the parishes of Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, St. James, St. John the Baptist, St. Tammany, Tangipahoa, and Washington. This investment is part of a $1.1 million investment.

$150,000 to Evangeline Economic and Planning District, Lafayette, Louisiana, to fund efforts of the Evangeline Economic and Planning District, which comprises the parishes of Acadian, Evangeline, Iberia, Lafayette, St. Landry, St. Martin, St. Mary, and Vermillion, to provide additional services and assistance to communities overwhelmed by damage from Hurricanes Gustav and Ike. The additional personnel and resources this investment will provide will allow the District to assist in monitoring several EDA disaster recovery projects in the region. This investment is part of a $150,000 project.

$150,000 to the South Central Planning and Development Commission, Gray, Louisiana, to fund disaster recovery assistance and services to southern Louisiana communities severely impacted by Hurricanes Gustav and Ike. This investment is part of a $150,000 project.

$144,000 to the city of Riverbank, California, to fund a strategic plan to redevelop the Department of Defense Riverbank Army Ammunition Plant. Transformation of the site for civilian industrial and commercial uses will benefit the city with business and job growth. This investment is part of a $180,000 project.

April 20 - April 24, 2009

EDA announced nine investments greater than $100,000 during the period April 20-24, 2009 totaling $8,641,109. These investments are part of projects totaling $16,911,965, creating 1,838 jobs, saving 186 jobs, and generating more than $220.7 million in private investment.

$2 million joint investment to Chambers County, the Industrial Development Authority of Chambers County and the East Alabama Water, Sewer and Fire Protection District, Lafayette, Alabama, to fund construction of water and sewer infrastructure improvements to benefit new and existing businesses in and adjacent to the Cusseta Industrial Park. The investment supports the region's emerging automotive industry cluster and will help transform and diversify the economy from reliance on textile jobs to higher-wage, higher-skill technology-related jobs. This investment is part of a $5 million project that will help create 884 jobs, save 64 jobs, and generate $130.4 million in private investment.

$1.8 million for a joint investment to the Port Isabel and San Benito Navigation District of Cameron County, Texas, to fund reconstruction of the port's deepwater dock, essential infrastructure for the Port Isabel Offshore Logistical Terminal, which was ravaged in July 2008 by Hurricane Dolly. This investment is part of a $2.4 million project that will help create 85 jobs and generate $43 million in private investment.

$1.5 million to the Adair County Water District, Columbia, Kentucky, to fund construction of water infrastructure for Adair County, which suffered greatly from storms in 2008. The new construction will immediately spur economic development in the project area and, long term, will create a more stable and diverse economy in the area. This investment is part of a $4.1 million project that will help create 487 jobs and generate $15.2 million in private investment.

$902,500 to the town of Brunswick, Maine, to construct road and utility infrastructure for Brunswick's Main Street Station. The site, near Bowdoin College in the heart of Brunswick, has been vacant since the 1980's because of coal ash contamination. The former brownfield site has been cleaned and prepared for reuse as a train station and bus/train intermodal facility, as well as for commercial and office space. This investment is part of a $1.805 million project that will help create 250 jobs and generate $24 million in private investment.

$750,000 for a joint investment to the city of Blackshear and Pierce County Industrial Development Authority, Blackshear, Georgia, to fund multiple water and sewer infrastructure improvements to serve new and existing businesses in and adjacent to the Pierce County Industrial Park located in the city of Blackshear. This investment is part of a $1,558,704 project that will help create 42 jobs, save 32 jobs, and generate more than $1.5 million in private investment.

$738,609 to the city of Long Beach, Mississippi, to fund improvements to the Long Beach municipal water system, in addition to the water and sewer system work funded by a December 2006 EDA grant awarded after Hurricane Katrina. The new work will allow residential and commercial building in Harrison County. Funds for this project came from the Second Supplemental Appropriations Disaster Relief Opportunity of 2008. This investment is part of a $923,261 project.

$500,000 to the Southeast Missouri Regional Planning and Economic Development Commission, Perryville, Missouri, to recapitalize a Revolving Loan Fund (RLF) that serves eastern Missouri. The recapitalized funds will provide lending capital to businesses that were severely impacted by the Midwest Floods of 2008. This investment is part of a $600,000 project that will help save 90 jobs, save 90 jobs, and generate more than $3.6 million in private investment.

$300,000 to the Deep East Texas Council of Governments, Jasper, Texas, to support development of an economic recovery strategy focusing on damage assessment and speeding economic recovery efforts to eastern Texas communities severely impacted by Hurricanes Gustav and Ike. This investment is part of a $375,000 project.

March 30-April 3, 2009

EDA announced two investments greater than $100,000 during the period March 30-April 3, 2009 totaling $1,050,000. These investments are part of projects totaling $1,238,130.

$750,000 to the Downtown Development District of New Orleans, Louisiana, to fund the development of an economic development strategy to increase the competitiveness of downtown New Orleans. The study will identify the issues hampering the city's competitiveness and facilitate the physical improvements, amenity development, social networks, and place branding that will attract diverse worker populations and new entrepreneurial growth companies. (The Second Supplemental Appropriations Disaster Relief Opportunity funds this investment for New Orleans to address the impact of Hurricanes Katrina and Gustav.) This investment is part of a $938,130 project.

$300,000 to the South East Texas Economic Development District, Beaumont, Texas, to support development of an economic recovery strategy focusing on damage assessment and speeding economic recovery efforts to the Golden Triangle Region, the counties of Hardin, Jefferson, and Orange, severely impacted by Hurricanes Gustav and Ike. This investment is part of a $300,000 project.

March 23-27, 2009

EDA announced two investments greater than $100,000 during the period March 23-27, 2009 totaling $3 million. These investments are part of projects totaling $5 million, creating 518 jobs and generating more than $6 million in private investment.

$1.5 million to West Texas A&M University, Canyon, Texas, to construct four research laboratories at West Texas A&M's Palo Duro Research Center in Canyon. The laboratories will support agricultural, business, and wind/alternative energy research. The associated office space will house two economic development organizations. The research will assist local manufacturers with product development and increase and diversify the region's agricultural productivity. This investment is part of a $3 million project that will help create 500 jobs and generate $6 million in private investment.

$1.5 million to the White River Health System, Inc., Batesville, Arkansas, to construct new clinical space for the Stone County Medical Center in Mountain View. In 2008 the hospital was devastated by an F4 tornado, and the Stone County, FEMA-designated region suffered from two major floods. This investment is part of a $2 million investment that will help create 18 jobs.

March 16-20, 2009

EDA announced three investments greater than $100,000 during the period March 16-20, 2009 totaling $2,426,640. These investments are part of projects totaling $4,193,592, creating 300 jobs and generating more than $9 million in private investment.

$1.676 million to the Hillsborough Community College in Tampa, Florida, to fund renovation of a workforce training center at the Ybor City campus of Hillsborough College to train students in auto collision repair and auto mechanics. Florida has a critical need for skilled auto mechanics and the Ybor City center will be one of only thirteen in the state to offer this training. This investment is part of a $3,352,952 project that will help create 300 jobs and generate private investment in excess of $9 million.

$405,640 to the Etowah Utilities Board and the city of Etowah, Tennessee for a joint investment funded by the Appalachian Regional Commission and administered by the Economic Development Administration (EDA). In 2008 EDA awarded a grant for $1 million to support an earlier phase of this project. The improvements to the waste water treatment plan will allow industrial expansion and benefit all customers in the service area. This investment is part of a $405,640 project.

$345,000 to the Big Pine Paiute Tribe, Big Pine, California, to fund the final design for a travel plaza on Highway 395 south of the town of Big Pine. The construction of the tourist-friendly truck stop would offer services to the many tourist and business travelers passing through the area and create much needed jobs for the community. The design will include green technology for long-term, cost-effective maintenance and operation. This investment is part of a $435,000 project.

March 9-13, 2009

EDA announced eight investments greater than $100,000 during the period March 9-13, 2009 totaling $4,239,171. These investments are part of projects totaling $13,359,958, creating 1,620 jobs, saving 250 jobs, and generating more than $214.9 million in private investment.

$1.2 million to the city of Fairfield, Illinois, to fund construction of a new water treatment plant for the city of Fairfield. The enhanced facility will help meet the increasing water demand as existing businesses expand and permit businesses to locate in the city-owned Highway 45 South Industrial Park. This investment is part of a $9.314 million project that will help create 235 jobs, save 40 jobs and generate $172 million in private investment.

$900,000 to the Southeast Iowa Regional Planning Commission, Burlington, Iowa, to recapitalize a Revolving Loan Fund (RLF) that serves southeastern Iowa. The recapitalized funds will assist businesses that were severely impacted by the Midwest Floods of 2008. This investment is part of a $1 million project that will help create 1,000 jobs and generate $6 million in private investment.

$529,171 to the Economic Development Catalyst Organization, Austin, Texas, to fund a high tech business incubator program. The Economic Development Catalyst Organization (EDCO) is a non-profit organization that provides technical assistance to entrepreneurs to facilitate the creation of high-growth, high-potential enterprises in economically distressed areas. EDCO expects to launch three or more companies in the border region over the next two years. This investment is part of a $755,958 project.

$500,000 to the East Central Intergovernmental Association, Dubuque, Iowa, to recapitalize a Revolving Loan Fund (RLF) that serves eastern Iowa. The recapitalized funds will assist businesses that were severely impacted by the Midwest Floods of 2008. This investment is part of a $650,000 project that will help create 75 jobs, save 75 jobs and generate $3.9 million in private investment.

$400,000 to the city of Williamston, Michigan, to fund infrastructure improvements, including roadway and water and sewer lines, to accommodate expansion of the city of Williamston's industrial park and will support rapid industrial and commercial development along the Interstate 96 Lansing to Detroit corridor. This investment is part of an $800,000 project that will help create 170 jobs and generate $3.2 million in private investment.

$400,000 to the North Iowa Area Council of Governments, Mason City, Iowa, to establish a Revolving Loan Fund to serve northern Iowa. The funds will assist businesses that were severely impacted by the Midwest Floods of 2008. This investment is part of a $460,000 project that will help create 140 jobs, save 135 jobs, and generate $2.8 million in private investment.

$200,000 to the Columbia Pacific Economic Development District, St. Helens, Oregon, to support development of an economic recovery strategy focusing on damage assessment and speeding economic recovery efforts to the northwest Oregon communities severely impacted by recent floods. This investment is part of a $270,000 project.

$110,000 to the Commonwealth of Northern Mariana Islands Saipan/Northern Mariana Islands, to support development and implementation of a comprehensive economic development strategy (CEDS) in the Commonwealth of Northern Mariana Islands for the islands of Saipan, Rota, and Tinian. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy. This investment is part of a $110,000 project.

February 9-13, 2009

EDA announced one investment greater than $100,000 during the period February 9-13, 2009 totaling $225,000. This investment is part of a project totaling $300,000 that will help create 130 jobs and generate more than $4 million in private investment.

$225,000 to the South Eastern Development Foundation, Sioux Falls, South Dakota, to recapitalize a revolving loan fund that serves southeastern South Dakota. The recapitalized funds will assist businesses that were severely impacted by the Midwest Floods of 2008. This investment is part of a $300,000 project that will help create 130 jobs and generate private investment in excess of $4 million.

February 2-6, 2009

EDA announced four investments greater than $100,000 during the period February 2-6, 2009 totaling $1.564 million. These investments are part of projects totaling $1.731 million, creating 548 jobs, saving 547 jobs, and generating more than $9.6 million in private investment.

$750,000 to the Iowa Northland Regional Economic Development Commission, Waterloo, Iowa, to establish a Revolving Loan Fund (RLF) that will serve northeastern Iowa. The RLF will assist businesses that were severely impacted by the Midwest Floods of 2008. This investment is part of a $775,000 project that will help create 233 jobs, save 232 jobs and generate more than $4.7 million in private investment.

$375,000 to the Southern Iowa Council of Governments, Inc., Creston, Iowa, to recapitalize a Revolving Loan Fund to serve south central Iowa. The recapitalized funds will assist businesses that were severely impacted by the Midwest Floods of 2008. This investment is part of a $417,000 project that will help create 240 jobs, retain 240 jobs and generate $2.5 million in private investment.

$300,000 to the Boonslick Regional Planning Commission, Warrenton, Missouri, to recapitalize a Revolving Loan Fund that serves east central Missouri. The recapitalized funds will assist businesses that were severely impacted by the Midwest Floods of 2008. This investment is part of a $400,000 project that will help create 75 jobs, save 75 jobs, and generate private investment in excess of $2.4 million.

$139,000 to the Upper Explorerland Regional Planning Commission, Postville, Iowa, to support development of an economic recovery strategy focusing on damage assessment and speeding economic recovery efforts to the northeast Iowa communities severely impacted by the Midwest Floods of 2008. This investment is part of a $139,000 project.

January 26-30, 2009

EDA announced three investments greater than $100,000 during the period January 26-30, 2009 totaling $4.125 million. These investments are part of projects totaling $8.2 million, creating 104 jobs, saving 505 jobs, and generating more than $33 million in private investment.

$2 million to Keokuk Municipal Waterworks, Keokuk, Iowa, to fund construction of an improved water distribution system and storage facility for the city of Keokuk. These improvements will help meet the increasing water demand from the city's manufacturing sector and enable business expansion and the location of new industries to the area. This investment is part of a $5.4 million project that will help create 44 jobs, retain 445 jobs and generate $30 million in private investment.

$1.725 million to the St. Louis County Economic Council, Clayton, Missouri, for development of a strategic plan to speed economic recovery to Missouri communities severely impacted by the recent Midwest floods. This plan will determine the viability of a commercial hub for foreign trade at Lambert Airfield in St. Louis. The proposed hub will provide enhanced trade and export opportunities for agricultural products, high-tech equipment and other manufactured goods produced in the Midwest. This investment is part of a $2.3 million project that will help minimize economic dislocations resulting from natural and other disasters, improving responsiveness and effectiveness in the recovery process.

$400,000 to the Southwest Iowa Planning Council, Atlantic, Iowa, for recapitalization of a Revolving Loan Fund that serves south western Iowa. Once the recapitalized funds are in place, business will be able to apply to the grant recipient for loans. These loans will provide needed capital to businesses and communities severely impacted by the Midwest Floods of 2008. This investment is part of a $500,000 project that will help create 60 jobs, retain 60 jobs and generate more than $3 million in private investment.

January 16-23, 2009

EDA announced 2 investments greater than $100,000 during the period January 16-23, 2009, totaling $848,000. These investments are part of projects totaling $865,368.

$518,000 to the Ciunerkiurvik Corporation, St. Mary’s Alaska, to complete the renovation of an existing educational facility in St. Mary’s. The training opportunities including mechanics, office skills, and construction trades. The introduction of internet access will also increase employment opportunities. This investment is part of a $518,000 project.

$330,000 to the Association of Village Council Presidents, Bethel, Alaska, to support construction of an airplane hanger in Bethel. The facility will be used to train pilots and aircraft mechanics. Those professions are in consistent demand by the airline industry in rural Alaska. This investment is part of a $347,368 project.

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