This EDA investment supports the rocky mount wilson regional airport authority with conducting a feasibility study and market assessment to address the needs of local governments, industry, workforce,…

The U.S. Department of Commerce Economic Development Administration awarded a $400,000 project grant to the Rocky Mount Wilson Regional Airport Authority under the Economic Adjustment Assistance (CFDA 11.307) federal grant program. The grant funds a feasibility study and market assessment to evaluate the potential economic impacts of an aviation and industrial park near Elm City, North Carolina. Specifically, the study will examine how the joint development could leverage opportunities from shifting supply chains and a new intermodal rail facility to cultivate new economic opportunities for local residents impacted by the COVID-19 pandemic. Completion of the study will provide information to stabilize and increase the workforce while boosting regional economic resiliency. The key deliverable is an analysis of the aviation and industrial park's feasibility to address needs of governments, industry, workforce, and residents in and around Elm City.

This EDA investment supports the rocky mount wilson regional airport authority with conducting a feasibility study and market assessment to address the needs of local governments, industry, workforce, and residents in ELM city, north carolina. The project will help the region consider potential impacts of the joint aviation and landside industrial park to leverage potential economic opportunities from shifting supply chains and the new CSX carolina connector intermodal facility north in rocky mount. Once completed, the study will provide information to cultivate economic opportunities for residents, many of whom were adversely impacted from the covid-19 pandemic. The project will help stabilize and increase the working population and boost resiliency of the local economy.