NEWS: 200 new jobs to be created in Alabama with funding support from the Delta Regional AuthorityFebruary 23, 2017
DRA contributes $710,000 to three projects with total investment reaching $26 million
MONTGOMERY, AL. – The Delta Regional Authority, through a program partnership with the Economic Development Administration (EDA), today announced $26 million in new investments that will add 200 new jobs in Tuskegee, Frisco City and the City of Atmore.
DRA partnership resources will allow for road improvements in Tuskegee, rehabilitate an industrial park in the Town of Frisco City, and develop the Rivercane Industrial Park to aid in recruiting Brown Precision to Atmore.
“Economic opportunity is critical to the success of our state and the well-being of Alabamians,” said Sen. Richard Shelby. “This investment announcement is great news for Tuskegee, Frisco City, and Atmore, and I am confident that DRA's continued commitment to job growth will help to build a brighter future in these areas.”
"This kind of investment into our communities is vitally important and welcome news to Alabama families," said Sen. Luther Strange. "I'm grateful to The Delta Regional Authority and the Economic Development Administration for investing in projects that provide hundreds of jobs for hard-working Alabamians."
DRA – ALABAMA ECONOMIC INVESTMENTS
- TUSKEGEE: DRA Investment: $350,000. Total Investment: $13.4 million. Road improvements to serve new commercial development along Highway 81 at Exit 38 along Interstate 85 in Macon County. Jobs created: 60.
- TOWN OF FRISCO CITY: DRA Investment: $160,000. Total Investment: $1,310,000. The Town of Frisco City will use DRA funds along with other Community Development Block Grant money to rehabilitate an industrial building for use as a sewing factory. Jobs created: 40.
- CITY OF ATMORE: DRA Investment: $200,000 Total Investment: $11,358,000. As part of the recruitment of Brown Precision, which performs precision machining for the aerospace and medical industries, Atmore is developing the Rivercane Industrial Park on Interstate 65. The investments aid in the development of the park. Jobs created: 101.
“These projects are vital for economic development efforts in these rural Alabama counties. Strong infrastructure is key to attracting new businesses and support the growth of existing business,” Governor Robert Bentley said. “We are proud that the Delta Regional Authority has chosen to support projects throughout our state and are once again showing their support for the success of Alabama.”
“I applaud the Delta Regional Authority for their continued commitment to supporting economic growth in our local communities,” said U.S. Rep. Bradley Byrne. “The projects in Frisco City and Atmore will help bring new jobs to Southwest Alabama, and I stand committed to continuing to work together with the Delta Regional Authority and our local communities.”
These investments are funded by a joint program partnership through EDA’s Economic Adjustment Assistance (EAA) program. DRA leadership works closely with the governor of each state and his board designee to identify projects to receive investments, which are aligned with state economic development goals. Investments also are guided by EAA’s priorities: collaborative regional innovation, public/private partnerships, national strategic priorities, global competitiveness, environmentally sustainable development and underserved communities.
“DRA is committed to making investments like these that help create jobs, and build stronger and more competitive communities,” said DRA Chairman Masingill. “Adding 200 jobs to three communities in Alabama is a significant achievement, and we’re grateful for the funding partnership with the Economic Development Administration.”
About the Delta Regional Authority
The Delta Regional Authority is a federal-state partnership created by Congress in 2000 to help create jobs, build communities, and improve lives through strategic investments in economic development in 252 counties and parishes across eight states. To date, DRA has invested $163 million into more than 1,000 projects that have attracted total public and private investments of $3.3 billion. Overall, DRA investments have helped create and retain more than 26,000 jobs, train more than 7,200 workers for 21st Century jobs, and deliver water and sewer improvements to more than 64,000 residents. Learn more at dra.gov.