The U.S. Secretary of Commerce’s Department of Economic Development Administration is awarding a $1.5 million grant to Corinth to make infrastructure improvements. The U.S. Secretary of Commerce Wilbur Ross said that the improvements are necessary to serve businesses at the Northeast Mississippi Waterfront Industrial Park.
According to the grant estimates, the project is expected to create 250 jobs and generate $158 million in private investment.
“A concern that weighs heavily upon President Trump is the deteriorating infrastructure which is relied on by communities throughout the United States,” said Secretary Ross. “These improvements in Mississippi will support the local industry’s needs and boost the growth of the economy.”
The project will connect to an existing 30-foot water main, enabling business development and growth in Corinth.
“Strong water infrastructure is important for any city’s ability to create and retain jobs,” said Senator Roger Wicker. “This investment in Corinth will spur millions of dollars in economic development and allow Corinth to grow its business base.”