Twinsburg, Ohio Receives U.S. EDA Grant for Auto Recovery Plan
August 18, 2010
Contact: John Atwood, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $134,675 grant to the city of Twinsburg, Ohio, to develop and implement a recovery action plan to grow jobs and the local economy following the recent closure of the Chrysler Stamping Plant.
"Helping our nation's auto communities adjust to increasing competition in the global marketplace is essential," said U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez. "This EDA grant will support the development of a recovery strategy that will allow the region to best utilize local resources to leverage private investment and create new jobs."
"The proposed scope of services for this effort exemplifies an approach that will look beyond existing economic conditions and employment base to put together policies and actions at the local, county and regional level," said Larry Finch, Community Development Director for the City of Twinsburg.
This project will help to create, prioritize, and implement development goals and objectives that foster job creation and economic development in the region.
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.