U.S. Department of Commerce Invests $1.2 Million in Fairfield, Illinois
March 11, 2009
Contact: Bryan Borlik, (202) 482-4085
Federal Grant Expected to Create 275 Jobs and Generate $172 Million in Private Money
The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $1.2 million grant to the city of Fairfield, Ill., to build a new water treatment plant that will aid the expansion plans of existing businesses and help attract new businesses and jobs to the region.
"The Economic Development Administration is pleased to partner with the City of Fairfield to boost business development and job growth," said Sandra R. Walters, EDA Chief Financial Officer/Chief Administrative Officer. "This EDA grant is expected to attract $172 million in private investment and create and retain 275 jobs for local citizens."
EDA supports the economic development needs of distressed communities throughout the United States. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing American regions for growth and success in the worldwide economy.
Additional information on how EDA investments are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.eda.gov.