U.S. Commerce Secretary Locke Announces $600,000 Recovery Act Grant to Create Jobs, Boost Development in Richland Center, Wisconsin
July 8, 2009
Contact: Bryan Borlik, (202) 482-4085
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $600,000 Economic Development Administration (EDA) grant to Richland Center, Wis., to provide infrastructure improvements needed to expand the North Industrial Park. The project, made possible because of the American Recovery and Reinvestment Act of 2009, is expected to create additional jobs and encourage private investment in the region.
"The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation's economic competitiveness," Locke said. "This grant will help put people to work and boost private investment in the region by improving the infrastructure necessary to expand the North Industrial Park."
The Recovery Act was signed into law by President Obama on February 17, 2009. It is providing immediate relief for American families and jump-starting billions of dollars in new projects that are creating jobs, improving infrastructure and strengthening local economies.
"This grant, through the American Recovery and Reinvestment Act of 2009, will work to help reinvigorate the local economy," U.S. Sen. Herb Kohl said. "Richland Center has unexplored potential and the grant works twofold by getting people back on their feet by creating local jobs and helping the economy through expansion of the industrial park."
"This grant will provide the crucial funding to help Richland Center further develop the industrial park, providing the tools for businesses to expand and invest in the area," U.S. Rep. Ron Kind said. "I am pleased to see important economic recovery funds flowing into the district, creating a number of jobs in the Richland Center community and paving the way for long run economic success and stability in our state."
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.
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.