U.S. Department of Commerce Invests to Improve Critical Municipal Infrastructure in Oshkosh, Wisconsin
WASHINGTON – Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is investing $1.5 million to improve access to the multimodal trans-load terminal in Oshkosh, Wisconsin’s city-owned Southwest Industrial Park. The investment will be matched with $1.5 million in local funds and is expected to attract $5.2 million in private investment.
“The Trump Administration is committed to not only retaining jobs in this country, but also to creating new opportunities through infrastructure improvements,” said Secretary of Commerce Wilbur Ross. “Improving access to Oshkosh’s multimodal trans-load terminal will help attract private sector companies specializing in construction, manufacturing, warehousing, distribution, and other heavy industrial uses.”
“I am glad the U.S. Department of Commerce recognizes the vital economic role the new transload terminal plays in Oshkosh and the surrounding Fox Valley economy,” said U.S. Congressman Glenn Grothman. “I’m glad that they are able to play a role in this infrastructure improvement, which will benefit the surrounding economy for years to come.”
EDA is awarding this grant to the city of Oshkosh to make roadway infrastructure improvements needed to serve the 100-acre Southwest Industrial Park and trans-load facility in Oshkosh, Wisconsin. This project was made possible by the regional planning efforts led by the East Central Wisconsin Regional Planning Commission. EDA funds East Central Wisconsin Regional Planning 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.