U.S. Department of Commerce Invests $2.2 Million to Boost Manufacturing in North Carolina
Contact: EDA Public Affairs Department, (202) 482-4085
August 30, 2016
WASHINGTON – U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s Economic Development Administration (EDA) is awarding a $2.2 million grant to the Town of Clayton, N.C., to make water infrastructure improvements to support the expansion of a major pharmaceutical manufacturer in the region.
“The Obama administration is committed to ensuring our nation’s infrastructure is able to support business growth and job creation,” said Secretary Pritzker. “This EDA investment in Johnston County will provide critical water infrastructure improvements needed to allow a major manufacturing company to expand operations and create jobs for local citizens.”
This EDA investment will construct water and sewer improvements to strengthen and enhance the region’s pharmaceutical manufacturing cluster. According to grantee estimates, the project is expected to lead to the creation of 691 jobs.
About the U.S. Economic Development Administration
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. To learn more about EDA, visit www.eda.gov.