Friday, October 30, 2009

U.S. Commerce Secretary Gary Locke Announces $4 Million grant for Canaan Valley area

WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $4 million Economic Development Administration (EDA) grant to the Canaan Valley Public Service District of Davis to build a wastewater collection system that will help mitigate the economic impact of future flood events on local businesses. The project is expected to create 400 jobs and generate $44 million in private investment, according to grantee estimates.

“This EDA grant will help create jobs and generate private sector investment in the Canaan Valley by building the critical water infrastructure needed to support the region’s business community,” Locke said. 

The Department of Commerce is a voice for Main Street businesses that works to grow local economies by fostering innovation and opening markets to U.S. products and services. 

EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster economic growth and job creation. Its mission is to lead the federal economic development agenda by promoting innovation and competitiveness and preparing American regions for growth and success in the global economy.

Additional information can be found online at  www.eda.gov .

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