October 23, 2019

EDA: $13 Million in Grants Announced to Support Trade Adjustment Assistance Centers and U.S. Manufacturers

Today, U.S. Secretary of Commerce Wilbur Ross announced $13 million in U.S. Economic Development Administration (EDA) grants to support 11 Trade Adjustment Assistance Centers (TAACs) that help manufacturers affected by imports adjust to increasing global competition and to create jobs. The TAACs, which each service multiple states, are located in California, Colorado, Georgia, Illinois, Massachussetts, Michigan, Missouri, New York, Pennsylvania, Texas, and Washington.

“From day one, the Trump administration has fought for a level playing field for American manufacturers, including by securing new trade deals with our partners and confronting unfair trade practices,” said Secretary of Commerce Wilbur Ross. “This program is one element of an effort to strengthen the U.S. manufacturing sector after years of neglect on the part of the Federal government.”‪

The 11 grants are:

EDA’s Trade Adjustment Assistance for Firms program funds 11 Trade Adjustment Assistance Centers across the nation. The centers support a wide range of technical, planning, and business recovery projects that help companies and the communities that depend on them adapt to international competition and diversify their economies. The grants announced today are for the second year of a funding cycle running from 2016 to 2021. Additional information on the program is available at www.taacenters.org.

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 makes investments in economically distressed communities 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.