U.S. Commerce Secretary Gary Locke Announces $4 Million Grant to Create Jobs, Strengthen Economy in Beaumont, Texas
September 22, 2009
Contact: Bryan Borlik, (202) 482-4085
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $4 million Economic Development Administration (EDA) grant to Lamar University of Beaumont, Texas to help expand the Cherry Engineering and Research Center. This grant is expected to create jobs and boost private investment in the Beaumont region.
"The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation's economic competitiveness," Locke said. "This grant will cerate jobs by expanding the vital Cherry Engineering and Research Center and increasing the productivity, innovation, commercialization and collaboration of the region's petrochemical sector."
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.