- October 1, 2021
- Posted by: Stratford Team
- Category: Business
WASHINGTON D.C. (KAMR/KCIT) — Officials from the U.S. Department of Commerce announced Thursday that the department’s Economic Development Administration is awarding a $1 million grant to the Dumas Economic Development Corporation to improve the infrastructure to the city’s business park.
According to a news release, the project, made possible by regional planning efforts with the Panhandle Regional Planning Commission, will be matched with $1.2 million in local funds. It is expected to create 105 new jobs and generate $3 million in private investment.
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“President Biden supports the creation of stronger and more resilient regional economies across the country,” Gina M. Raimondo, the U.S. Secretary of Commerce, said in the release. “This EDA investment will provide needed infrastructure improvements to attract new manufacturing,…