Posted on December 23, 2003
WASHINGTON — U.S. Senators Bill Frist (R-TN) and Lamar Alexander (R-TN) today announced Jackson County's Industrial Development Board will receive a $400,000 grant from the U.S. Department of Commerce Economic Development Administration (EDA) to help Eaton Corporation expand their manufacturing operation in Gainesboro. "This is certainly welcomed news to receive during the holidays," said Frist. "This grant will support efforts by the Eaton Corporation to expand its business and bring new jobs to Jackson County. I'm pleased this funding is being made available, and I hope it will provide the necessary support to bring additional growth and opportunities to the county." "This is an important investment in Jackson County," said Alexander. "It will boost economic development efforts in the area which will attract more jobs. This is good news, especially during the holidays." The EDA is part of the Department of Commerce and provides funding to distressed communities throughout the United States for economic development projects. It partners with states, local government and community nonprofit organizations in economically distressed areas, regions and communities to alleviate conditions of poverty and substantial and persistent unemployment.