U.S. EDA Invests in Bradford Airport to Boost Business Development and Create New Jobs
September 1, 2010
Contact: John Atwood, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced an $800,000 grant to the Bradford Regional Airport Authority of Lewis Run, Pa., to help build a new multi-tenant industrial facility at the Bradford Airport complex.
"This EDA grant will allow the region to cultivate emerging industrial clusters to create new jobs," said U.S. Assistant Secretary of Commerce for Economic Development John R. Fernandez. "The new facility, along with the recent completion of the National Guard Armory, will provide a catalyst for attracting job-creating business that will enhance the region's economic competitiveness."
This investment constructs a 30,000 square foot multi-tenant building to serve light industrial tenants from regional economic clusters. Sectors represented by potential tenants include powdered metal manufacturing businesses, gas exploration companies, logistics businesses requiring air freight distribution, military "spin off" businesses related to the National Guard Armory, and wood products businesses.
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.