Commerce Department Investment to Expand West Side Industrial Park in Storm-Impacted Mauston, Wisconsin
May 25, 2010
Contact: John Atwood, (202) 482-4085
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $1.24 million Economic Development Administration (EDA) grant to the city of Mauston, Wisconsin to make infrastructure improvements needed to expand the West Side Industrial Park. The project is expected to create 150 jobs and generate $5 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. "Entrepreneurs seeking a flood-safe location to produce their ideas will find available space at the expanded industrial park. These entrepreneurs will become the catalysts for creating jobs and expanding and diversifying Mauston region's economy."
Specifically, the EDA investment will fund the construction of sanitary sewer, water, storm systems and construction of new roadways to serve the 70-acre expansion.
About the U.S. Economic Development Administration (www.eda.gov):
This year, the U.S. Economic Development Administration (EDA) marks 45 years of public service, with a mission of 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.