U.S. Commerce Secretary Gary Locke Announces $1.3 Million Grant to Create Jobs, Strengthen Economy in Chautauqua, New York
June 10, 2009
Contact: Bryan Borlik, (202) 482-4085
EDA Grant Expected to Create 146 Jobs and Generate $48 Million in Private Investment
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $1.3 million Economic Development Administration (EDA) grant for Chautauqua County, N.Y., to help construct roadways to improve access to the North County Industrial Corridor surrounding the Chadwick Bay Industrial Park. The project is expected to create 146 jobs and generate $48 million in private investment, according to grantee estimates.
"The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation's competitiveness," Locke said. "This grant will support business expansion plans and, thus, create jobs and serve future business needs by improving access to the Chadwick Bay Industrial Park and surrounding areas."
The Department of Commerce is a voice for Main Street businesses. It focuses on creating jobs by fostering innovation and opening markets to U.S. products. Locke is a key member of President Barack Obama's economic team.
EDA is an agency within the U.S. Commerce Department and 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.