U.S. Department of Commerce Invests $680,000 to Create Jobs, Strengthen Economy in Stoutsville, Missouri
March 9, 2010
Contact: John Atwood, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $680,000 grant to the Clarence Cannon Wholesale Water Commission, of Stoutsville, Mo., to improve the regions flood-damaged wastewater treatment facility.
"Economic recovery and growth are top priorities for the Obama Administration," said U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez. "This EDA grant will ensure that jobs are retained and grown in Northeast Missouri by assuring the business community has a sufficient water supply."
"Without this water the area cannot sustain current business and without the capacity to serve additional needs in the counties the area cannot attract new business and investment," said Mark McNally, General Manager, Clarence Cannon Wholesale Water Commission.
The Economic Development Administration marks 45 years of public service, leading the federal economic development agenda by promoting competitiveness and preparing American regions for growth and success in the worldwide economy. EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster job creation, collaboration and innovation.
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.