U.S. EDA Invests to Create Higher-Skill, Living-Wage Job Opportunities for Workers in Fulton County, Indiana
September 22, 2011
Contact: John Atwood, (202) 482-4085
WASHINGTON - The U.S. Commerce Department's Economic Development Administration (EDA) today announced a $597,100 grant to the Fulton Economic Development Corporation of Rochester, Ind., to make critical sewer infrastructure improvements to serve a new industrial park. The project is expected to create 152 jobs and generate more than $50 million in private investment, according to grantee estimates.
"This project will support job creation and local industries in Fulton County by fostering business development and growth," said U.S. Assistant Secretary of Commerce for Economic Development John Fernandez. "This EDA grant will make the vital infrastructure improvements needed to establish an industrial park that will attract new business that will create higher-skill, living-wage job opportunities for local workers.".
"This project will advance the productivity of the region. The location is a prime candidate for warehousing, logistics, agricultural business, biotech, and advanced manufacturing. The proposed project will permit development to continue in the area and allow other companies to increase their productivity," said Mark Rodriguez, President, Fulton County Commissioner.
The project will extend sanitary sewer service to an industrial park site located along State Highway 25 on the northeast side of the city of Rochester. The improvements will help the region capitalize on many of the project site's competitive strengths and allow Fulton Economic Development Corporation to begin marketing efforts to attract new industry that can help create high skilled, high wage job opportunities..
About the U.S. Economic Development Administration (www.eda.gov):
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.