Industry News

EDA: $2 Million Invested to Help Establish New Workforce Training Facility at State Technical College of Missouri

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to State Technical College of Missouri in Linn, Missouri, to help establish a new Utility Technician Training Facility. The EDA grant, to be matched with more than $4.5 million in local investment, is expected…

EDA: $2 Million Invested to Support Growth of Aviation and Aerospace Workforce in Mississippi

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Pearl River Community College of Poplarville, Mississippi, to fund construction of a new Aviation and Aerospace Workforce Academy at the Stennis International Airport. The grant, to be matched with more than $3.9 million…

EDA: $1.9 Million Investment Made in Critical Road Infrastructure for Industrial Hub in Longview, WA Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the city of Longview, Washington, to help construct critical road infrastructure to reduce congestion and provide access to developable land. The grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will…

EDA: $1.9 Million Investment Made for Critical Infrastructure Improvements to Technology Park near Las Vegas, NV Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the UNLV Research Foundation, Las Vegas, Nevada, to help make infrastructure improvements needed to attract new tenants to the Harry Reid Research and Technology Park. The project, to be located near a Tax Cuts…

EDA: $1.7 Million Invested to Provide Critical Water Infrastructure at Sawmill Site in Abbeville, AL Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.7 million grant to the city of Abbeville, Alabama, to help construct critical wastewater infrastructure improvements needed to serve a local sawmill site and commercial development adjacent to the site. The EDA grant, to be located in…

EDA: $1.53 Million Grant Awarded to Expand Digital Literacy Services for Job Seekers near Machias, ME Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.53 million grant to the Axiom Education & Training Center in Machias, Maine, to provide computer and online skills training for unemployed and underemployed job seekers. The project, to be located near a Tax Cuts and Jobs Act designated Opportunity…

EDA: $1.5 Million Grant Made to Support Manufacturing Business Growth in Clinton County, NY Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to Clinton County, New York, to make infrastructure upgrades needed to support business development at the former Clinton County Airport. The grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be…

EDA: $1.1 Million Investment Made to Expand Forest Economy in Maine Opportunity Zone

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.1 million grant to the University of Maine in Orono to implement Maine’s Forest Opportunity Roadmap (FOR/Maine) strategic plan. The grant, to be located in a Tax Cuts and Jobs Act designated Opportunity Zone, will be matched with $499,000 in…

EDA: $1 Million Grant Awarded to Help Build Maker Space for Native American Entrepreneurs in New Mexico

Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the Indian Pueblo Cultural Center (IPCC) of Albuquerque, New Mexico, to build a maker space . This grant will be matched with $1 million in state investment. “Supporting entrepreneurship, the backbone of the…

ABA: Officers, Board for 2019-2020 Nominated

The American Bankers Association’s Nominating Committee has selected the official slate of candidates for election at the association’s annual convention to be held in Seattle, Oct. 27–29. The committee, chaired by Kenneth L. Burgess, Jr., chairman, FirstCapital Bank of Texas, Midland, Texas, nominated the following candidates for ABA officer positions: CHAIR: Laura Lee (Laurie) Stewart,…