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U.S. EDA Supports Port Townsend Study for Green Industrial Park

WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $56,000 grant to the Port of Port Townsend, Wash., to develop a feasibility study on establishing an ecologically-friendly industrial park at the Port.

"EDA is committed to providing communities with the resources they need to foster job creation and business growth," said U.S. Assistant Secretary of Commerce for Economic Development John Fernandez. "This investment will support the preparation of a feasibility study to determine the benefit of constructing a light industrial park to spur economic development and jobs in the region."

"This investment from the U.S. EDA would promote long-term economic development. It would create and retain long-term jobs, attract private sector investment and would promote regional competitiveness by providing the infrastructure to develop emerging businesses," said James Pivarnik, Deputy Director, Port of Port Townsend.

This EDA grant supports the preparation of a feasibility study in the region served by the Peninsula Development District, which includes Jefferson and Clallam Counties in the state of Washington. The Port of Port Townsend in Jefferson County, Washington will conduct the study to determine the benefit of constructing the park.

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.