Vance County has been awarded more than $760,000 from the U.S. Department of Commerce’s Economic Development Administration to support business growth in the Henderson-Vance Industrial Park.
The announcement was made today (Tuesday, Mar. 8) by the U.S. Department of Commerce. The EDA grant totals $761,040 and will promote job creation through roadway and sewer upgrades necessary for business expansion, according to a press statement. The grant will be matched with $190,260 in state investment and is expected to create 50 jobs and generate $3.2 million in private investment.
“This infrastructure grant is a big win for Vance County and the continued growth of the Henderson-Vance Industrial Park,” said U.S. Sen Thom Tillis. “I was proud to advocate for this award on their behalf, and I want to thank Vance County Commissioner Tommy Hester and Kerr-Tar Regional Council of Governments Executive Director Diane Cox for their partnership as we worked together to create more jobs in rural North Carolina.”
Congressman G.K. Butterfield, who represents Vance County, said the money will benefit the five counties the Kerr-Tar COG represents. “I am very pleased with the Economic Development Administration’s decision to invest in Vance County,” he said. “This grant award is well deserved and will provide needed funding for infrastructure improvements that will support business and job growth at the Henderson-Vance Industrial Park,” he added.
Included in the press statement were remarks by N.C. Gov. Roy Cooper. “We can build a stronger future for all by making smart investments in roads, water systems and other infrastructure,” Cooper said. “Vance County is a great place to live, work and raise a family, and this grant will help make necessary improvements and create more jobs.”