U.S. Department of Commerce Invests $1.9 Million to Boost Industrial and Manufacturing Growth in Davidson County, North Carolina

Released: 10-06-2020

WASHINGTON – Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the county of Davidson, North Carolina, to construct a new stormwater detention pond and other stormwater and sewer improvements to support expansion of industrial and manufacturing business in the region. The EDA grant, to be matched with $1.9 million in local funds, is expected to create 400 jobs and generate $300 million in private investment.

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