U.S. Department of Commerce Invests $759,500 to Create Jobs, Strengthen Economy in Brandon, South Dakota
August 21, 2009
Contact: John B. Atwood, (202) 482-4085
EDA Grant Expected to Create 221 Jobs and Generate $40.4 Million in Private Investment
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $759,500 grant to the city of Brandon and the South Eastern Council of Governments, Sioux Falls, S.D., to build roadway infrastructure in support of the expansion of the Brandon Industrial Park and Corson Development Park.
"The Economic Development Administration is pleased to partner with Brandon 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 $40.4 million in private investment and create 221 jobs for local citizens, according to grantee estimates."
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.