U.S. Department of Commerce Invests $2.4 Million to Provide Critical Infrastructure Needed to Support Business Needs in Tallassee, Alabama
WASHINGTON – Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2.4 million grant to the city of Tallassee, Alabama, to make critical infrastructure upgrades and improvements needed to support the competitiveness of local business community. According to grantee estimates, the project is expected to create 10 jobs, retain 2,059 jobs and spur $455,000 private investment.
“Infrastructure is important to the Trump Administration because it helps further propel economic advancements in our country,” said Secretary of Commerce Wilbur Ross. “This investment in the city of Tallassee and the surrounding region will provide the tools necessary for business growth in the advanced manufacturing, healthcare and automotive sectors.”
“It’s my mission as governor to help plant seeds for opportunity across every corner of Alabama. Enhancing infrastructure is a necessary component for future growth,” said Governor Ivey. “I am grateful to the U.S. Department of Commerce and Secretary Wilbur Ross for selecting Tallassee, Alabama to receive these critical enhancements. The Trump Administration clearly understands that infrastructure must be a priority to foster a thriving economy, and I am proud to support those efforts.”
“This $2.4 million EDA grant will play a vital role in generating growth and economic development in and around Tallassee,” said Senator Shelby. “The water and wastewater system upgrades will improve quality of life for residents and promote efficiency throughout the local business community, allowing for further expansion. I look forward to seeing the impact this grant will have on Tallassee and the surrounding region.”
“Investing in infrastructure is crucial to the future success of Alabama and cities like Tallassee,” said Senator Jones. “This grant is a welcome investment and will allow for critical upgrades to support Tallassee’s growing business community.”
This project will upgrade to Tallassee’s sewer collection system and construct a new, modern treatment plant to support the region’s business community, including the those in the advanced manufacturing, healthcare and automotive sectors. This project was made possible by the regional planning efforts led by the Central Alabama Regional Planning and Development Commission. EDA funds the Central Alabama Regional Planning and Development Commission to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.
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.