Wynne receives $2 million for rail spur facility
by October 20, 2021 7:13 am 1,432 views
The U.S. Economic Development Administration (EDA) is awarding a $2 million CARES Act Recovery Assistance grant to the city of Wynne to construct a new industrial rail spur facility to support local manufacturers.
The EDA grant, to be matched with $500,000 in local funds, is expected to create 200 jobs.
“An effective railroad system has always been vital for farmers and manufacturers to get their goods to consumers. This grant will not only help build a stronger transportation system, it will create hundreds of jobs which are crucial for local economies in the area,” U.S. Rep. Rick Crawford, R-Jonesboro, said.
“Investment into our communities is key to the expansion of opportunities for Arkansas business and manufacturers,” Gov. Asa Hutchinson said. “Building this industrial rail spur facility in Wynne will give local manufacturers another stepping stone towards future economic growth and provide more Arkansas families with good jobs.”
This project is connected to regional planning efforts led by the East Arkansas Planning and Development District (EAPDD), which works to bring together the public and private sectors to create economic development opportunities.