June 25, 2024

EDA: $1.5 Million Invested to Support Manufacturing Business Growth in Conway, AR

Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1.5 million grant to the city of Conway, Arkansas, to construct water and sewer infrastructure improvements.

This grant will support manufacturing business growth at the Conway Industrial Park, improve fire flow to city residents, and support additional redevelopment projects. This EDA investment will be matched with $2.1 million in local funds.

“The Biden-Harris Administration is dedicated to help make communities in Arkansas and across the country stronger and more resilient,” said Secretary of Commerce Gina Raimondo. “This EDA investment will support  major upgrades to Conway’s water and sewer infrastructure, providing the foundation for sustainable regional economic growth.”

“The Economic Development Administration works closely with communities to support locally led economic development,” said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “This project will support business growth and public safety, creating jobs and strengthening the regional economy.”

“Economic growth is not possible without adequate infrastructure and visionary leadership. Conway has consistently done an excellent job providing both to advance opportunities that benefit the community and region. I’m pleased this investment will expand that potential, spur business development and enhance water systems by partnering with the city and private industry,” said Senator John Boozman.

“I am pleased that the Economic Development Administration (EDA) is supporting economic development in Conway, Arkansas,” said Representative French Hill (AR-02). “As the fastest growing city in the state, EDA’s investment in Conway will support important water and sewer infrastructure projects, further bolstering economic growth and creating jobs in the Conway community.”

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 invests in communities and supports regional collaboration in order to create jobs for U.S. workers, promote American innovation, and accelerate long-term sustainable economic growth.

This post was originally published here.