LULING, Texas — The City of Luling is getting $1 million to support business growth.
The U.S. Department of Commerce's Economic Development Administration (EDA) is awarding the money to Luling to "support business growth and job creation through infrastructure improvements at the city’s industrial park," according to a press release.
The release stated that the grant will provide broadband, roadway and water improvements to support business expansion in aerospace manufacturing and other industries, including meat and poultry processing. The EDA funds will be matched with $666,667 in local funds and, according to grantee estimates, the money is expected to create and retain nearly 400 jobs and generate $25.5 million in private investment.
"The Biden-Harris Administration’s Investing in America agenda is jumpstarting our infrastructure and domestic manufacturing, creating hundreds of thousands of jobs across Texas and the entire country," U.S. Secretary of Commerce Gina Raimondo said. "In particular, this EDA investment in Luling’s manufacturing sector will help create new, high-paying jobs in the community and grow economic opportunity across the region."
"This grant to help support growth in aerospace manufacturing and other important industries will bring hundreds of good-paying jobs to Texans and the city of Luling," Gov. Greg Abbott said. "This $1 million investment in Luling’s industrial park will help make critical roadway, water, and broadband service improvements to spur business growth and development in the region. I thank the Economic Development Administration for this investment in Central Texas that will help strengthen our state’s position as a national aerospace manufacturing leader."
Back in February, KVUE reported that New Mexico-based rocket motor manufacturing company X-Bow was preparing to build $25 million campus in Luling.
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