$2 million grant for Sikeston’s South Industrial Park
The project is expected to create 100 jobs and generate nearly $30 million in private investment.
SIKESTON, Mo. (KBSI) – The city of Sikeston will receive a $2 million grant from the Economic Development Administration (EDA) to support the development of the South Industrial Park.
The EDA project is to be matched with $657,000 in other federal funds and $236,700 in local funds. It is expected to create 100 jobs and generate nearly $30 million in private investment.
The funding for this project was made possible by the regional planning efforts led by the Bootheel Regional Planning and Economic Development Commission. EDA funds the Bootheel Planning and Economic Development Commission to bring together the public and private sectors to create an economic development roadmap to strengthen the regional economy, support private capital investment and create jobs, according to the EDA.
Read more about what local and state legislators have to say about the grant.