City of Macon Approved for Industrial Infrastructure Grant

6 years 4 months 1 week ago September 06, 2010 Sep 6, 2010 Monday, September 06 2010 Monday, September 06, 2010 9:51:15 PM CDT in News
MACON - The Missouri Department of Economic Development has announced that the city of Macon has been approved for up to $620,000 in an Industrial Infrastructure Grant for infrastructure improvements under the Community Development Block Grant (CDBG) program.

The Industrial Infrastructure Grant will aid the city on serve the infrastructure needs of the three companies planning to expand operations in Macon. The companies, Economy Products Company, Yutz Enterprises and Wyatt Enterprises, collectively commit to creating 62 new full-time jobs and a minimum of $1,801,700 in private investment within two years. The project will have a significant economic benefit for the city of Macon and the surrounding region.

As a part of the project, the city of Macon will extend a street to the proposed Highway 36 Outer Road Development. The city will own and maintain the road. In addition to the three companies, other possible beneficiaries are residents, expanding future businesses, commercial and industrial businesses. The public infrastructure proposed will allow an outer road to Highway 36, traffic improvements and the potential for other business growth with excellent highway visibility.

"We are committed to transforming Missouri's economy for the 21st Century despite challenges," DED Director David Kerr said. “Helping the city of Macon utilize this important tool to support its economic development initiatives demonstrates Gov. Nixon's continued commitment to getting Missouri's economy back on track.”

The CDBG Industrial Infrastructure Grant assists local governments in the development of public infrastructure that allows industries to locate new facilities, expand existing facilities and prevent the closing of a facility or the relocation of a facility outside the state. Projects can only be in a "non-entitlement" area, or a city below 50,000 in population or a county below 200,000 in population. 

Grant funds may be used for public streets, water or sewer lines, engineering and other public facilities necessary to support the project. A public entity must own the facilities to be funded. Facilities owned by the company or a private utility are not eligible for funding.

More News

Grid
List
JEFFERSON CITY - Missouri Gov. Eric Greitens is cutting $146 million of spending from the budget, including tens of millions... More >>
2 hours ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 4:13:00 PM CST in News
COLUMBIA - After a budget resolution aimed at repealing Obamacare was reached Jan. 12, groups in Missouri plan to protest... More >>
4 hours ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 2:50:00 PM CST in News
CALIFORNIA - Central Missouri Democrats nominated an attorney who formerly worked for the Missouri Senate to run in a special... More >>
4 hours ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 2:36:00 PM CST in News
HILLSBORO - The Missouri State Highway Patrol says a 28-year-old man died after a four-wheeler he was riding on overturned.... More >>
4 hours ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 2:09:00 PM CST in News
NICKELVILLE - A southwest Missouri county highway is expected to be closed until Thursday as crews clean up an oil... More >>
4 hours ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 2:02:00 PM CST in News
ST. LOUIS (AP)-Police are investigating after a 34- year-old man was found dead outside a hospital in north St. Louis... More >>
8 hours ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 10:51:26 AM CST in News
COLUMBIA - Cafe Berlin reopened Monday for brunch, after being closed following a destructive break-in. The break-in on Saturday night... More >>
8 hours ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 10:05:00 AM CST in News
ST. LOUIS (AP)- St. Louis' fortunes may be looking up, thanks to a surprising surge in business startups. St.... More >>
9 hours ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 9:41:00 AM CST in News
COOPER COUNTY - Just before 5 a.m. Monday morning, the Cooper County Fire Protection District responded to a structure fire... More >>
10 hours ago January 16, 2017 Jan 16, 2017 Monday, January 16 2017 Monday, January 16, 2017 8:29:00 AM CST in Top Stories
CAMDEN COUNTY - Deputies took a suspect who stabbed three people Sunday into custody without incident. The suspect is awaiting... More >>
20 hours ago January 15, 2017 Jan 15, 2017 Sunday, January 15 2017 Sunday, January 15, 2017 10:20:00 PM CST in Top Stories
BOONE COUNTY - The northbound lanes of Highway 63 near Hinton Road were closed after the engine compartment of a... More >>
21 hours ago January 15, 2017 Jan 15, 2017 Sunday, January 15 2017 Sunday, January 15, 2017 9:49:07 PM CST in News
JEFFERSON CITY (AP) — Rideshare services such as Uber and Lyft are hoping to expan d services to Missouri customers... More >>
23 hours ago January 15, 2017 Jan 15, 2017 Sunday, January 15 2017 Sunday, January 15, 2017 7:50:00 PM CST in News
GRANBY (AP) — Anoth er Missouri school district is c onsidering whether to join 18 others that have adopted a... More >>
23 hours ago January 15, 2017 Jan 15, 2017 Sunday, January 15 2017 Sunday, January 15, 2017 7:46:03 PM CST in News
COLUMBIA — Steven Hughes thought he found the perfect car for his family of five — until the title proving... More >>
1 day ago January 15, 2017 Jan 15, 2017 Sunday, January 15 2017 Sunday, January 15, 2017 4:59:00 PM CST in News
MARSHALL (AP) - Missouri authorities are searching for a suspected parole violator they say exchanged gunfire with a state trooper... More >>
1 day ago January 15, 2017 Jan 15, 2017 Sunday, January 15 2017 Sunday, January 15, 2017 4:27:00 PM CST in News
COLUMBIA - A break in at popular downtown restaurant Cafe Berlin forced the restaurant to close Sunday, according to a... More >>
1 day ago January 15, 2017 Jan 15, 2017 Sunday, January 15 2017 Sunday, January 15, 2017 2:19:00 PM CST in News
COLUMBIA - Mixed reactions came out of mid-Missouri Sunday as the weekend ice storm began to wind down. While... More >>
1 day ago January 15, 2017 Jan 15, 2017 Sunday, January 15 2017 Sunday, January 15, 2017 12:07:00 PM CST in News
LAKE OZARK - After being stuck indoors waiting for this ice storm to end, some people might be getting a... More >>
1 day ago January 15, 2017 Jan 15, 2017 Sunday, January 15 2017 Sunday, January 15, 2017 5:42:00 AM CST in News
Columbia, MO
Broken Clouds 54°
7pm 52°
8pm 51°
9pm 49°
10pm 48°

Select a station to view its upcoming schedule:

Coming Up Next

6:30p
Wheel of Fortune
7:00p
The Celebrity Apprentice
9:00p
Timeless
6:30p
Family Guy
7:00p
Howie Mandel All-Star Comedy Gala
9:00p
KOMU 8 News @ Nine on The CW

Tonight's Schedule

7:00p
The Celebrity Apprentice
9:00p
Timeless
7:00p
Howie Mandel All-Star Comedy Gala
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld