U.S. Commerce Secretary Gary Locke Announces $2.083 Million Grant to Create Jobs, Strengthen Economy in Pooler, Georgia
September 22, 2009
Contact: Bryan Borlik, (202) 482-4085
EDA Grant Expected to Create 500 Jobs and Generate $325 Million in Private Investment
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $2.083 million Economic Development Administration (EDA) grant to the Georgia Department of Economic Development and Georgia Ports Authority in Savannah, Ga., to provide rail service to serve the Chatham County Economic Development site in Pooler. The project is expected to create 500 jobs and generate $325 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 investment will help build the critical rail infrastructure needed to serve an energy-related company."
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.