U.S. Commerce Secretary Locke Announces $2 Million Recovery Act Grant to Create Jobs, Boost Development in South Sioux City, Nebraska
September 14, 2009
Contact: John B. Atwood, (202) 482-4085
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $2 million Economic Development Administration (EDA) grant to the city of South Sioux City, Neb., to make infrastructure improvements to serve the Roth Industrial Park. The project, made possible because of the American Recovery and Reinvestment Act of 2009 (ARRA), is expected to create additional jobs and 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 create new jobs and boost private investment by providing the critical infrastructure needed to boost business expansion plans and serve future business needs in the South Sioux City region."
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 is what the stimulus plan is all about: economic development and job creation," U.S. Sen. Ben Nelson said. "Completing infrastructure upgrades to the Roth Industrial Park is one of the community's top priorities. It will allow for additional expansion and help the city in its efforts to recruit major industries with their well-paying jobs to town. South Sioux City officials are to be commended for their forward thinking planning and putting this money to work to assure continued growth and economic development far into the future."
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.