|Program||# of Grants||EDA Funds|
|Economic Adjustment Assistance||2||$150,000|
|Trade Adjustment Assistance||2||$1,777,212|
Portageville, Missouri is located in the six-county Missouri Bootheel region. The region’s largest and highest paying employer, Noranda Aluminum, filed for Chapter 11 bankruptcy in February 2016, leaving 61 percent of its employees adversely affected by the restructuring. In order to retain Noranda Aluminum in the community with a new state of the art facility, it was determined that the community needed wastewater treatment improvements.
In September 2016, EDA invested $1.6 million in Public Works funds to assist the City of Portageville in demolishing its existing wastewater treatment facility and constructing a new facility. This new facility is central to retaining the city’s existing manufacturing businesses and facilitating the creation of future business developments.
The new wastewater treatment system will support a healthier environment for the region’s workforce by encouraging business expansion and job creation. This investment will save 300 jobs and generate $55 million in private investment.