Delta Regional Authority
August 30, 2018  
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Delta News Round-up

In this Issue: DRA Will Invest $300,000 to Help Create 200 New Jobs in Tennessee | Chairman Caldwell Meets with Mississippi River Commission Officials | DRA Finalizing States’ Economic Development Assistance Program Investments for 2018

DRA Will Invest $300,000 to Help Create 200 New Jobs in Tennessee

DRA will invest $300,000 in infrastructure improvements that will help create 200 news jobs at an international manufacturing business. The South Korean-based manufacturer will build a 100,000-square-foot facility in Martin, TN., that will support the automotive and residential appliance industries.

The investment will provide a stable and long-term supply of water, natural gas and wastewater services for this new industry.

DRA’s investment is through its States’ Economic Development Assistance Program (SEDAP) and is a part of a total public-private investment that is projected to reach $13 million. The facility will be located off Industrial Drive in Martin, and is expected to attract workers across a nine-county region in northwestern Tennessee.

The South Korean manufacturing company will supply rubber and plastic components to major automotive companies such as Hyundai/Kia, Nissan and General Motors. The facility also will support home appliance manufacturers such as LG Electronics and Samsung Electronics.



Chairman Caldwell Meets with Mississippi River Commission to Discuss Economic Development Efforts

DRA Chairman Chris Caldwell joined the Mississippi River Commission (MRC) and its leadership team to discuss the commission’s work and its impact on economic development across the Delta region. The river is our nation’s most vital waterway and DRA and the MRC are committed to supporting its strategic importance.

Caldwell joined meetings in Vicksburg and Memphis that included Commissioner Sam Angel and Assistant Secretary R.D. James. 

The MRC was established by an Act of Congress on June 28, 1879. Congress charged the MRC with the mission to develop plans to improve the condition of the Mississippi River, foster navigation, promote commerce, and prevent destructive floods — perhaps the most difficult and complex engineering problem ever undertaken by the federal government up to that time.

Today the MRC, which is headquartered in Vicksburg, Miss., provides water resources engineering direction and policy advice to the Administration, Congress and the Army in a drainage basin that covers 41 percent of the United States and parts of two Canadian provinces by overseeing the planning and reporting on the improvements on the Mississippi River. The intent behind the mission of the MRC today is the same as the mission placed on the commission upon its creation: to lead sustainable management and development of water related resources for the nation’s benefit and the people’s well-being.

In its current capacity, the Mississippi River Commission is charged with prosecuting the comprehensive river management program known as the Mississippi River and Tributaries project.



DRA Finalizing States’ Economic Development Assistance Program Investments for 2018

Later this fall, DRA will announce investments through its States’ Economic Development Assistance Program (SEDAP) for each of the eight states the agency serves. The projects are under final review.

SEDAP is DRA’s primary investment program and is focused on economic development projects such as basic public infrastructure, transportation infrastructure, business development and workforce training and education.

In 2017, DRA invested more than $21 million in 87 projects across the region. Those projects also included public investments of $61.8 million and private investments of $155 million. Together, the investments helped create and retain more than 4,700 jobs.



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