Federal Budget: Funding for Key #EconDev Programs

Apr 26, 2018 | Advocacy

Federal Budget: The omnibus spending bill passed by Congress in March authorized favorable spending levels for 2018 for federal economic development programs, including:

  • Economic Development Agency – 302 million for fiscal 2018; about $26 million above fiscal 2017;
  • Manufacturing Extension Program – received $140 million; $10 million above fiscal 2017;
  • CDBG – received roughly $3.3 billion; $365 million about fiscal 2017;
  • TIGER – received $1.5 billion; $1 billion above fiscal 2017 ;
  • Rural Business-Cooperative Service – received roughly $77 million; about $12 million above fiscal 2017
  • Employment and Training Administration apprenticeship opportunities – received $145 million; $50 million above fiscal 2017;
  • Minority Business Development Agency – received $39 million; $5 million over fiscal 2017, and
  • Appalachian Regional Commission- received $155 million; $3 million over fiscal 2017.

Manufacturer investing $225M to expand Dayton-area facility

One of the Dayton region’s largest manufacturing companies is planning a massive expansion at one of its local facilities.

Cargill Inc., a Minnesota-based provider of food, agriculture, financial and industrial products and services, will invest $225 million to expand its integrated soybean crush and refined oils facility in Sidney.

The project will create new jobs and further enhance Cargill’s presence in the region.

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Montrose Group Releases Rural Development White Paper: A Mandate for Transformation

The Montrose Group released A Rural Development White Paper: A Mandate for Transformation timed in conjunction with a forum held in Circleville, Ohio before 100 economic development, business and community leaders focused on rural economic development.  A copy of the white paper can be found at https://montrosegroupllc.com/2019/10/rural-development-whitepaper-a-mandate-for-transformation/.

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Urbana Students Win Design Challenge

URBANA, Ohio – On November 1, students from Urbana High School were announced as the winners of the second annual Champaign County Design Challenge during the county-level competition at Urbana University. The winning team, consisting of Ron Ragland, Bryant McKenzie, Dale Mason, Bryant Chamberlain, and Johnny Moore, are part of Ohio Hi-Point’s Advanced Manufacturing satellite program at Urbana High School.

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