City lands EDA grant for development
COLUMBUS — Sen. Thad Cochran (R-Miss.) and Sen. Roger Wicker (R-Miss.) announced that the City of Columbus has been awarded a $1.2-million federal grant to support infrastructure improvements needed to foster greater economic development in the region.
The Mississippi Senators said the Economic Development Administration (EDA) public works grant will be used by the city to undertake roadwork and other essential infrastructure to serve a commercial development that will support the Golden Triangle Region’s growing aeronautical and steel manufacturing sectors. Overall, the infrastructure program will cost an estimated $2.47 million.
The infrastructure improvements that will, in part, be financed with the EDA grant will serve a development that will include a hotel and other businesses. According to the EDA, the overall project is also expected to draw private investors that will “support job creation for graduates of East Mississippi Community College’s hotel and restaurant management program.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- UPDATED: House subcommittee tosses discrimination elements from religious freedom bill
- Chris McDaniel gets a thank you note from Travis Childers
- Lawmakers debating alternative to Medicaid expansion
- States settle with manufacturers in DRAM price-fixing case
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Senate passes teacher pay raise legislation
- Pickering collects more money from failed beef plant project
- Quapaw Canoe Company gains legislative support in battle with tax department
- Reactive Surfaces files lawsuit against Toyota in patent dispute