Commerce Department Invests $1.5 Million to Improve West Granby Business Park in Neodesha, Kansas
September 9, 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 the city of Neodesha, Kan., for infrastructure improvements needed to facilitate business expansion and future development in the West Granby Business Park. The project is expected to create 157 new jobs and generate $5.3 million in private investment, according to grantee estimates.
"This grant will help create jobs and keep Neodesha companies competitive by providing the critical infrastructure improvements needed to serve the local community," Locke said. "This EDA grant will support job creation and business development by helping existing businesses expand operations and attracting new companies to the West Granby Business Park."
This project will construct infrastructure that will improve roadways and water, sewer, electrical and gas distribution to complete the needs of the West Granby Business Park. As a result, three local businesses, Neodesha Plastics, Inc.; Cobalt Boats, LLC; and Neodesha Quality Machining, plan to expand their operations.
>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.