U.S. Department of Commerce Invests $921,270 to Create Jobs, Strengthen Economy in Jennings County, Indiana
September 3, 2009
Contact: Bryan Borlik, (202) 482-4085
EDA Grant Expected to Create 500 Jobs and Generate $24.5 Million in Private Investment
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $921,270 grant to the Jennings County Commissioners and the city of North Vernon, Ind., to extend sanitary sewer service along U.S. Highway 50 and near a new and growing Army Guard training base.
"The Economic Development Administration is pleased to partner with Jennings County and the city of North Vernon 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 $24.5 million in private investment and create 500 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.