U.S. Department of Commerce Invests $1.5 Million to Help Create Critical Manufacturing Jobs in Bristol, Tennessee
Contact: EDA Public Affairs Department, (202) 482-4085
May 26, 2016
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the City of Bristol, Tennessee, to make infrastructure improvements needed to serve the expansion plans of a major local manufacturer and to serve future business needs. The project is expected to create 300 jobs, according to grantee estimates.
“The Obama Administration is committed to investing in our nation’s infrastructure to spur job creation and economic activity,” said Secretary Pritzker. “The EDA investment announced today will facilitate expansion of a local manufacturer’s operations and attract new businesses to the region.”
EDA’s grant will fund water and waste-water improvements to support expansion of Royal Building Products, a leading producer of premium building materials throughout Canada and the United States. The improvements will also support future development in the city and the surrounding region.
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.