This EDA investment supports the city of etowah with the redevelopment of the local water treatment plant in mcminn county, tennessee
Ended Project Grant Awarded
- Award ID
- 47907856
- Recipient
-
City Of Etowah UEI HNZ1C4TRQN46
- Awarding agency
-
Economic Development Administration
Department of Commerce
- Obligated
- $7,085,000
Award facts
- Assistance listing
- 11.307 Economic Adjustment Assistance
- Completion date
- Funding
-
- $2,000,000.00 Federal
- $5,085,000.00 Non-federal
- Place of performance
- Etowah, TN 37331, USA
Award details come from USAspending.gov.
About this award
This $7,085,000 Project Grant awarded by the Economic Development Administration (EDA) under the Economic Adjustment Assistance (CFDA 11.307) program supports the City of Etowah, Tennessee in redeveloping their local water treatment plant. The project aims to establish a new manufacturing facility that will support the electric vehicle and battery storage industries in a region impacted by changes in the energy economy. Once completed, the upgraded water treatment plant will provide capacity for growth of existing industries and residents, spurring private investment and high-wage job creation in an area affected by the decline of the coal industry. The project has an expected completion date of September 28, 2026.
Description
The project work includes establishing a new manufacturing facility that will support the electric vehicle and battery storage industries, in a region impacted by changes in the energy economy. Once completed, the water treatment plant will provide capacity for growth of existing industries and residents, which will bring a spur of private investment and boost high-wage job creation in an area that has been impacted by the decline in the coal industry.
Quick answers
Who received award 47907856?
47907856 was awarded to City Of Etowah by Economic Development Administration (Department of Commerce) on September 28, 2023.
How much is award 47907856 worth?
$7,085,000 has been obligated on 47907856: $2,000,000 in federal funding and $5,085,000 in non-federal funding.
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