May 15 2006

Graham and DeMint Announce $370,000 for Greenwood Infrastructure Improvements

WASHINGTON- U.S. Senators Lindsey Graham and Jim DeMint today announced the Genetics Endowment of South Carolina, Inc., in Greenwood will receive a $370,000 grant for infrastructure improvements. The funds will be used to help build roadway and storm-water infrastructure for the development of a 189-acre technology park that will serve new private technology and research development firms locating in Greenwood. According to figures supplied by the U.S. Department of Commerce, the investment will help attract $12 million in private investment and create 43 jobs for local citizens. “This is an investment in the future,” said Graham. “Infrastructure improvements are a vital part of competing for future business recruitment and economic development opportunities.” “This investment will take advantage of the competitive strengths of South Carolina’s marketplace and increase the number of high-skill employment opportunities in our state,” said Graham. “I appreciate the leadership of President Bush and Secretary Gutierrez in helping America’s communities grow their economies and enable our workforce.” The grant was awarded by the U.S. Department of Commerce’s Economic Development Administration. ####