This EDA investment will leverage local funds in sikeston, missouri to support development of the south industrial park

The City of Sikeston, Missouri received a $2.3 million project grant award from the Department of Commerce Economic Development Administration under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300) on August 12, 2021. The grant funding will support development of critical infrastructure in the South Industrial Park to address regional needs for industry growth and job creation. Specifically, the City of Sikeston and Sikeston Board of Municipal Utilities will leverage the EDA funds and local matching resources to provide utility and site development to the industrial park to attract future tenants. This project is expected to result in approximately 100 quality jobs and over $61 million in private investment. The project aims to strengthen the regional economy and support private capital investment in the area as identified through regional planning led by the Bootheel Regional Planning and Economic Development Commission, which also receives EDA funding.

The city of sikeston and the sikeston board of municipal utilities are addressing the local and regional need for industry growth and job creation in the area by providing critical infrastructure to the south industrial park that will support future tenants. The economic impact will result in approximately 100 high quality jobs and over $61 million in private investment being created. This project was made possible by the regional planning efforts led by the bootheel regional planning and economic development commission. EDA funds the bootheel planning and economic development commission to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs.