This EDA investment supports union county with constructing railroad infrastructure and a cross-docking facility to serve the EL dorado industrial park in arkansas

Active Project Grant Awarded

Award ID
080105581
Recipient
Awarding agency
Obligated
$2,970,000

Award facts

Completion date 87% complete
Funding
  • $1,300,000.00 Federal
  • $1,670,000.00 Non-federal
Place of performance
El Dorado, AR 71730, USA

Award details come from USAspending.gov.

About this award

Written by GovTribe AI ·

The Economic Development Administration awarded a $2,970,000 Project Grant to Union County, Arkansas under the Investments for Public Works and Economic Development Facilities program (CFDA 11.300). The funding will support the construction of railroad infrastructure and a cross-docking facility at the El Dorado Industrial Park to serve manufacturing businesses in the area. This project aims to diversify the regional economy and support expansion of the manufacturing industry by providing the necessary infrastructure. Completion is expected by June 2027. The grant aligns with the Public Works program's focus on catalytic infrastructure investments to help distressed communities implement regional development strategies and strengthen local economies through long-term sustainable growth.

Description

As the agency reported it.

The project will support manufacturing businesses in the area and would aid efforts to diversify the economy by providing infrastructure to support the regional expansion of the manufacturing industry. In addition, the project will help industrial businesses grow, which will strengthen the regional economy and provide long-term sustainable economic growth.

Quick answers

Who received award 080105581?

080105581 was awarded to County Of Union by Economic Development Administration (Department of Commerce) on June 21, 2022.

How much is award 080105581 worth?

$2,970,000 has been obligated on 080105581: $1,300,000 in federal funding and $1,670,000 in non-federal funding.

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