Press Release
Manufacturing Jobs in Sevier County, Tennessee Get Boost from U.S. EDA Investment
July 21, 2010
Contact: John Atwood, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $177,362 grant to Sevier County and the city of Sevierville, Tenn., to provide sewer lines and a wastewater pump station to serve the new Lisega pipe support products manufacturing plant.
"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 construct a sewer line to serve a German based company's manufacturing plant in Sevierville that will create an estimated 150 new jobs and attract $15.3 million in private investment."
"The commitment from Lisega, Inc. to build a new manufacturing facility in Sevier County is a huge economic stimulus for us. With high unemployment and few companies hiring, this company will provide much needed employment opportunities for at least 150 families in our county and the region," said Bryan Atchley, Mayor, City of Sevierville.
"In the current economic conditions, local governments have limited financial resources to allocate to new projects. The EDA grant used for providing a sanitary wastewater line to the new Lisega, Inc. facility was a key component that enabled us to secure this outstanding project for our county," said Larry Waters, Sevier County Mayor.
This EDA investment will construct waste water system improvements to serve Lisega Inc., a German-based, international company specializing in the design and manufacture of an innovative system of modular pipe supports. It will support economic diversification in the region and is expected to create 150 new high-skill, high-wage jobs and generate $15.3 million in private investment, according to grantee estimates.
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.