U.S. Economic Development Administration Invests $750,000 to Strengthen Aviation and Transportation-Related Industries in Georgia
Contact: Public Affairs Department, (202) 482-4085
Tuesday, September 1, 2015
WASHINGTON – The U.S. Commerce Department’s Economic Development Administration (EDA) today announced a $750,000 grant to the Brunswick & Glynn County Development Authority in Brunswick, Georgia to upgrade airport infrastructure and enable the expansion of two aviation-related businesses. According to grantee estimates, the project will create 150 jobs and generate $3.5 million in private investment.
“Supporting locally driven economic development plans and priorities is central to EDA’s mission and purpose,” said U.S. Assistant Secretary of Commerce for Economic Development Jay Williams. “The EDA investment announced today will enable the community of Brunswick to grow their aviation capabilities and businesses, creating jobs and economic growth for the region.”
EDA’s investment will construct the north apron at the Brunswick Golden Isles Airport to support expansion of two aviation-related businesses that provide maintenance, repair, and operations services to general aviation aircraft. According to the grantee, this project will also strengthen the region's aeronautical, transportation, and logistics clusters.
About the U.S. Economic Development Administration (www.eda.gov)
The Economic Development Administration marks 50 years of public service, leading 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.