Manufacturing Gets a Boost in Johnstown, Pennsylvania with $1.2 Million U.S. Commerce Department Grant
August 24, 2011
Contact: John Atwood, (202) 482-4085
WASHINGTON - Acting U.S. Commerce Secretary Dr. Rebecca Blank today announced a $1.2 million Economic Development Administration (EDA) grant to the Johnstown Redevelopment Authority of Johnstown, Pa., to make infrastructure improvements that will support development of the Rosedale Business Park. Joint Ammunition and Technology, Inc., a manufacturer of both consumer and military munitions, has committed to opening operations at the Park and is expected to create 240 new jobs and generate $14 million in private investment, according to grantee estimates.
"The Commerce Department and the Obama administration are working diligently to bring jobs and economic growth to local communities," Blank said. "This EDA grant will support a new manufacturing facility in Johnstown and help attract new businesses and jobs to the region by providing critical infrastructure improvements needed to build the Rosedale Business Park."
Joint Ammunition and Technology will open a 36,000-sq.-ft., state-of-the-art facility in the business park that is also expected to catalyze additional private investment. EDA funding will help to advance critical excavation and grading, and build water, sewer, and utility infrastructure for the park, which is being built on a fully remediated brownfield site previously owned by Bethlehem Steel.
About the U.S. Economic Development Administration:
The mission of the U.S. Economic Development Administration (EDA) is to lead the federal economic development agenda by promoting competitiveness and preparing the nation's regions for growth and success in the worldwide economy. An agency within the U.S. Department of Commerce, EDA makes investments in economically distressed communities in order to create jobs for U.S. workers, promote American innovation and accelerate long-term sustainable economic growth.