This EDA investment funds construction of sewer and road infrastructure to support job expansion at carolina country snacks, INC

Project Grant Awarded

Award ID
040107694
Recipient
Awarding agency
Obligated
$951,300

Award facts

Completion date
Not on record
Funding
  • $761,040.00 Federal
  • $190,260.00 Non-federal
Place of performance
Henderson, NC 27536, USA

Award details come from USAspending.gov.

About this award

This $951,300 Economic Development Administration project grant funds construction of sewer and road infrastructure in Henderson, North Carolina. The infrastructure improvements will support job expansion at Carolina Country Snacks, Inc. and Versatrim, Inc. located in the Henderson-Vance Industrial Park. By providing these companies infrastructure to expand manufacturing operations, the project aims to create additional high-paying jobs within Vance County to benefit local communities and families. The new sewer and road capacity may also spur private investment and increase regional economic resilience, consistent with the goals of the Investments for Public Works and Economic Development Facilities program under the CFDA number 11.300. The County of Vance serves as sub-awardee to complete the infrastructure work using the March 8, 2022 grant funding from the Department of Commerce's Economic Development Administration.

Description

And versatrim, INC., located in the henderson-vance industrial park in henderson, north carolina. The project will provide infrastructure to allow manufacturing firms to be able to expand, thereby allowing for more high-paying jobs to be created within the county that can support the communities and families within. In addition, the new infrastructure will help spur private investment and advance economic resiliency throughout the region.

Quick answers

Who received award 040107694?

040107694 was awarded to County Of Vance by Economic Development Administration (Department of Commerce) on March 8, 2022.

How much is award 040107694 worth?

$951,300 has been obligated on 040107694: $761,040 in federal funding and $190,260 in non-federal funding.

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