U.S. Department of Commerce Invests More Than $1 Million to Support Manufacturing and Job Creation in Central Missouri
Contact: Public Affairs Department, (202) 482-4085
Tuesday, September 22, 2015
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today announced that the Commerce Department’s Economic Development Administration (EDA) is awarding a more than $1 million grant to the Houston Industrial Development Authority in Houston, Missouri to support the development of a manufacturing facility. According to grantee estimates, this project will create 45 jobs and generate $4 million in private investment.
“The Obama Administration is committed to investing in American manufacturing,” said Secretary Pritzker. “The EDA investment announced today will help the South Central Ozark region attract higher-paying jobs and economic opportunity.”
EDA’s investment will support the purchase of a five acre parcel of property, the development of the building site, and the construction of a 40,000 square foot manufacturing facility with general office areas and multiple docks. According to the grantee, this project will help to attract higher paying industries after the region was devastated with job loss from the shoe and apparel industry in recent years.
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.