Rep. Ted Budd Secures $2 Million Grant for Davidson County I-85 Corporate Park
Washington, October 6, 2020
Davidson County, N.C. -- Today, Rep. Ted Budd (NC-13) announced that he secured a $1.94 million public works grant from the Economic Development Administration (EDA) for the Davidson County I-85 Corporate Park, home of EGGER Wood Products.
This grant will provide stormwater infrastructure for a new road and detention pond, a pump station to enable development of two additional sites, and a gravity sewer line to accommodate development of additional parcels.
Rep. Budd sent a letter to the EDA supporting the grant application earlier this year.
Rep. Budd said in a statement:
“I couldn’t be more proud to announce that Davidson County will receive this grant funding for economic development. The grant will allow EGGER Wood Products to further develop their site, potentially expand operations, and support hundreds of jobs and hundreds of millions of dollars in private investment. As we continue to recover from the COVID-19 pandemic, projects like these go a long way to build up our community, and its workers, for the future.”