Today, U.S. Secretary of Commerce Gina Raimondo announced the Department’s Economic Development Administration (EDA) is awarding a $1 million grant to the city of Luling, Texas, to support business growth and job creation through infrastructure improvements at the city’s industrial park.
This grant will provide roadway, water, and broadband improvements to support business expansion in aerospace manufacturing and other industries, including meat and poultry processing. This EDA investment will be matched with $666,667 in local funds, and is expected to create and retain nearly 400 jobs, and generate $25.5 million in private investment, according to grantee estimates.
“The Biden-Harris Administration’s Investing in America agenda is jumpstarting our infrastructure and domestic manufacturing, creating hundreds of thousands of jobs across Texas and the entire country,” said Secretary of Commerce Gina Raimondo. “In particular, this EDA investment in Luling’s manufacturing sector will help create new, high-paying jobs in the community and grow economic opportunity across the region.”
“The Economic Development Administration works hand-in-hand with local communities to support bottom-up, middle-out economic development,” said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “This project will pave the way for new businesses to establish in the Luling Industrial Park, attracting private investment and creating a stronger, more diverse regional economy for the future.”
“This grant to help support growth in aerospace manufacturing and other important industries will bring hundreds of good-paying jobs to Texans and the city of Luling,” said Governor Greg Abbott. “This $1 million investment in Luling’s industrial park will help make critical roadway, water, and broadband service improvements to spur business growth and development in the region. I thank the Economic Development Administration for this investment in Central Texas that will help strengthen our state’s position as a national aerospace manufacturing leader.”
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.