Simpson Water to Receive Grant
The U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $665,000 grant to Simpson County Water District to make water system improvements needed to serve businesses locating in Franklin, KY including a German manufacturer of brake rotors for automobiles, which is establishing its first U.S. plant in Franklin. The project is expected to spur $193 million in private investment and create more than 340 jobs.
“I commend Simpson County for their continued efforts to attract investors to the region,” said United States Congressman James Comer. “This project strengthens the regional economy, supports capital investment, and creates jobs.”
Franklin-Simpson Industrial Authority Chairman, Gary Broady shared, “We welcome our German friends of Fritz Winter and are elated to have North Wilkey Industrial Park future home to their first U.S. plant. The grant is an excellent example of the support by our elected officials to provide critical infrastructure for future growth within our region.”
EDA grants are awarded through a competitive process based upon the application’s merit, the applicant’s eligibility, and the availability of funds. More information on EDA’s grant process and investment process can be found at www.eda.gov.
“The water system improvements will upgrade and create new water lines in the Henderson Industrial Park and the Blackjack community to support the new Fritz Winter facility while enhancing our capability to attract new manufacturing,” said Simpson County Water District Board Chairman Ray Mann. “Simpson Water works closely with the economic development community to keep pace with changing needs. This includes identifying growth opportunities and industry needs, brainstorming ways to meet those needs, and ensuring adequate and reliable water services. Simpson Water appreciates the efforts of our Industrial Authority and the support of our elected officials.”