U.S. EDA Invests $2 Million to Expand Technology and Logistics Cluster in Wayne County, Michigan
September 26, 2011
Contact: John Atwood, (202) 482-4085
WASHINGTON - Acting U.S. Commerce Secretary Rebecca Blank today announced a $2 million Economic Development Administration (EDA) grant to Charter County of Wayne, Mich., to help establish an airport industrial park that will serve the regional logistics and technology cluster.
"The Obama administration is committed to job growth and business development, and this grant will provide vital infrastructure needed in Wayne County," Blank said. "EDA's investment will strengthen the competitiveness of local industries by helping to meet the economic development needs of the region."
EDA funding will help Wayne County build critical roadway, water and storm infrastructure that will support development of the industrial park. The 195-acre, county-owned park will make up a portion of the larger Pinnacle Aeropark site, which builds upon the industrial and financial strength of the region to be an attractive location for new and emerging technology companies. The new airport industrial park will provide logistics and high-technology businesses with greater access to the Detroit Metropolitan Wayne County Airport and facilitate its use as a regional economic development asset.
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.