September 5, 2018

EDA: $13 Million Invested to Support Manufacturers Damaged by Imports

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

“President Trump is engaged in a daily fight to ensure the latest success of American manufacturers and businesses turns into a permanent trend,” said Secretary of Commerce Wilbur Ross. “This program is just one element of a vast, government-wide effort to restore jobs, strengthen domestic manufacturing, and ensure free, fair, and reciprocal trade.”

“I am pleased with the announcement that the Economic Development Administration will be awarding a grant to the Mid-America TAAC at the University of Missouri-Columbia, in my district, to assist manufacturers in Missouri and throughout the Midwest.,” said Congresswoman Hartzler. “These resources are vital for manufacturers to remain competitive in the global market.”

The 11 grants announced today include:

EDA’s Trade Adjustment Assistance for Firms Program funds the eleven TAACs across the nation. The TAACs support a wide range of technical, planning, and business recovery projects that help companies and communities adapt to international competition. The grants announced today represent the second year of a funding cycle running from 2016 to 2021.

About the U.S. Economic Development Administration (
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.