Laurens County Titanium Milling Project Gets Boost from Commerce Department Grant
September 1, 2010
Contact: John Atwood, (202) 482-4085
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $1.5 million U.S. Economic Development Administration (EDA) grant to Laurens County, S.C., and the Laurens Commission of Public Works to make infrastructure improvements that will support development of the American Titanium Works (ATW) titanium mini-mill facility. The project is expected to create 320 jobs and generate $422 million in private investment, according to grantee estimates.
"The Obama administration is committed to job growth and business development, and this grant will fund vital infrastructure needed in Laurens County," Locke said. "This project will help create jobs and keep local companies competitive by providing the critical infrastructure improvements needed to support the American Titanium Works facility and other area businesses."
The investment will provide access roadway improvements, including connections from Hunter Industrial Park Road and U.S. Highway 221 to the American Titanium Works site. The investment will also make storm drainage piping, striping and signage improvements.
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.