Boost Greeneville’s Business Growth: $1.5M Commerce Infrastructure Investment
Greeneville Water Commission Awarded $1.5M Grant for Sewer Infrastructure Improvements
The US Department of Commerce’s Economic Development Administration (EDA) has awarded a $1.5 million grant to the Greeneville Water Commission in Tennessee for improving sewer infrastructure. The initiative is aimed at supporting business growth and job creation in the area affected by volatile energy markets.
Improvements to Support Expansion of the Plastics Industry and Create Jobs
Reliable sewer service capacity is a critical requirement for a major plastics manufacturer to expand its operation and encourage future industrial growth. The EDA investment will also support the creation or retention of 200 jobs and arouse $3.6 million private investments based on grantee estimates.
Commitment to Revitalizing Local Economies
The project is part of President Biden’s efforts to diversify and revitalize local economies. US Secretary of Commerce Gina Raimondo said, “This EDA infrastructure investment will support business and job growth in Greeneville and expand an already-existing industry in the area.”
Supporting Economic Diversification and Job Creation
The Economic Development Administration is happy to support local efforts to create economic opportunities and jobs. The project will provide reliable sewer service to support economic diversification and create jobs in a region affected by the declining use of coal.
About the EDA
The U.S. Economic Development Administration (EDA) is a federal agency within the U.S. Department of Commerce that invests in communities and supports regional collaboration to encourage sustainable economic growth. The EDA’s mission is to promote competitiveness and prepare the nation’s regions for growth and success in the worldwide economy, accelerate long-term sustainable economic growth and support American innovation.
Story at https://www.eda.gov
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