Grant

March 23 - 29, 2018

  • $5,314,435 in three Public Works projects as follows:
    • $2.64 million to the Business Development Corporation of the Northern Panhandle, Weirton, West Virginia, to fund rehabilitation of the Wheeling Corrugating Steel Plant complex in Brooke County. The project will include repairs and improvements to existing infrastructure, installation of an electrical system and other appurtenances. This investment will promote job growth and business expansion to support the region’s efforts to diversify its economy. The grantee estimates that this investment will help create 95 jobs, save 20 jobs, and leverage $1.385 million in private investment.
    • $1.5 million to the Piedmont Technical College, Inc. and the Piedmont Technical College Area Commission, Greenwood, South Carolina, to fund construction of a new building to house the Upstate Center for Manufacturing Excellence on the Piedmont Technical College campus. The project will include construction, site work and infrastructure improvements of a manufacturing training center on land owned by the college. The investment will strengthen and enhance the area’s advance manufacturing cluster, increase its resilience to economic impacts and meet labor demands of the region’s industries. The grantees estimate that this investment will help create 86 jobs and leverage $16.32 million in private investment.
    • $1,174,435 to the City of Weirton, West Virginia, to support site preparation and infrastructure upgrades for approximately twenty acres in the Three Springs Business Park in Brooke County. The project will include site clearing, grading and storm water management, as well as construction of four access roads with site utilities and other appurtenances. This investment will promote job growth and attract private investments to support the region’s efforts to diversify its economy. The grantee estimates that this investment will help create 500 jobs and leverage $5 million in private investment.
  • $1.212 million in one Economic Adjustment Assistance project as follows:
    • $1.212 million to the Greenbrier Valley Economic Development Corporation, Maxwelton, West Virginia, to support the rehabilitation of the Rahall Business and Technology Center in the city of Maxwelton. The project will include repair of existing water and electrical infrastructure and other miscellaneous site work with appurtenances. Completion of the project will enable business enterprises in the area to operate more efficiently and expand their economic capacity, which will foster conditions that support the creation of more, higher paying employment opportunities for the region’s workforce. The grantee estimates that this investment will help create 32 jobs, save 168 jobs, and leverage $1.285 million in private investment.
  • $2.051 million in 26 Partnership Planning projects to support the development and implementation of the Comprehensive Economic Development Strategy (CEDS) process. The CEDS process is designed to bring together the public and private sectors in the creation of an economic development roadmap to diversify and strengthen the regional economy.