“We are happy to announce that Grundy County has received a site development grant for $35,000,” stated Grundy County Mayor Michael Brady on Monday.
“These development funds will allow us to take the necessary steps in bringing living-wage jobs to Grundy County,” continued Brady. “This grant will allow us to conduct due diligence studies for companies locating or wanting to locate in Grundy County.
“Our goal and plan to bring in manufacturing jobs for the people of Grundy County was to make our industrial park as ready, improved, and marketed as possible. This goal, however, took several hundreds of thousands of dollars that the county simple does not have.”
Fast Track funds cannot be used to build manufacturing buildings. Those funds can only be used for new businesses that have made capital investment with a significant number of jobs.
According to Brady, the process started with a property evaluation program and due diligence studies.
“We also applied for the marketing grant and website. The site is up and running and we invite you to visit it at grundycountyecd.com.”
Grundy County has secured the funding for the remainder of those studies that are required for companies to invest capital. Next year, the county will be able to apply for a much larger grant, making Grundy County as marketed and improved as most other industrial sites.
“We are in conversations with prospective companies and are hopeful to announce those in the very near future. We will continue to pursue ever avenue possible to bring living wage jobs to Grundy County,” concluded Brady.