U.S. Commerce Secretary Gary Locke Announces $2.268 Million Grant to Create Jobs, Strengthen Economy in Delaware County, Indiana
August 26, 2009
Contact: Bryan Borlik, (202) 482-4085
EDA Grant Expected to Create 400 Jobs and Generate $59 Million in Private Investment
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $2.268 million Economic Development Administration (EDA) grant to the Delaware County Board of Commissioners, Delaware, Ind., to help build a rail spur to serve the Park One business park. The project is expected to create 400 jobs and generate $59 million in private investment, according to grantee estimates.
"The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation's economic competitiveness," Locke said. "This grant will help further develop a business park that is attracting commercial ventures that create higher-skill, higher-wage job opportunities in Delaware County."
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.