EDA Announces Ongoing Recovery Act Funding

Rail infrastructure improvement construction at South Carolina Technology Park

EDA invested $1.2 million in American Recovery and Reinvestment Act (ARRA) funds to the Southern Carolina Regional Development Alliance of Barnwell, South Carolina to make rail infrastructure improvements at the South Carolina Technology Park in Barnwell, creating opportunity for more tenants and job creation.

U.S. Commerce Secretary Gary Locke Announces $1.2 Million Recovery Act Grant to Create Jobs, Boost Development in Barnwell, South Carolina

Washington, August 17, 2009
U.S. Commerce Secretary Gary Locke today announced a $1.2 million Economic Development Administration (EDA) grant to the Southern Carolina Regional Development Alliance of Barnwell, S.C., to make rail infrastructure improvements at the South Carolina Technology Park. The project, made possible because of the American Recovery and Reinvestment Act of 2009 (ARRA), is expected to create additional jobs and private investment in the region. “The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation’s economic competitiveness,” Locke said. “The Recovery Act has worked to stabilize economic conditions and help those harmed by the economic crisis. This grant will help create new jobs and boost private investment in the Barnwell region by increasing the rail capacity of the South Carolina Technology Park.”The Recovery Act was signed into law by President Obama on February 17, 2009. It is providing immediate relief for American families and jump-starting billions of dollars in new projects that are creating jobs, improving infrastructure and strengthening local economies.