Commerce Department Grant Helps Retain San Antonio Aerospace-Sector Jobs
August 5, 2010
Contact: Lindsey Pangretic, (202) 482-4085
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $1.7 million U.S. Economic Development Administration (EDA) grant to the Texas Port of San Antonio to make infrastructure improvements needed to expand aircraft maintenance operations at the former Kelly Air Force Base. The project is expected to save 300 jobs and generate $22 million in private investment, according to grantee estimates.
"The transformation of the former Kelly Air Force Base is a great example of how facilities can be repurposed to reinvigorate local economies," Locke said. "This EDA grant will provide the means to significantly expand commercial aircraft maintenance operations at the complex, which will boost the San Antonio economy and save jobs."
This investment will fund the second phase of the Port's comprehensive drainage plan and will improve the aerospace complex workshop facilities and the immediate area around the Regional Hurricane Evacuation Center.
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.