U.S. Commerce Secretary Carlos M. Gutierrez announced on Friday a $1.2 million Economic Development Administration (EDA) investment to the city of Long Beach.
The investment will help make water system improvements to increase the overall reliability and capability of the Long Beach municipal water system. The project is expected to create 225 jobs and generate $8.525 million in private investment.
"President Bush and I are committed to partnering with communities to promote innovation and competitiveness. Through economic development grants like these, the Commerce Department will continue to encourage investments in local areas, grow the economy and create jobs," said Gutierrez.
"I am pleased the Economic Development Administration recognizes the need to provide this important funding to Long Beach. Stable infrastructure is essential to a sustainable recovery. The City of Long Beach is working hard to rebuild its community and this investment will go a long way in helping to achieve that goal," said U.S. Senator Thad Cochran.
"As Long Beach rebuilds, this federal grant package will certainly help support the reconstruction and foster future economic growth," said U.S. Senator Trent Lott.