The city of Guymon received a $1 million grant from the U.S. Department of Commerce’s Economic Development Administration to expand and improve the wastewater system in its industrial park.
“Investing in Oklahoma’s communities ensures the creation of jobs and greater growth opportunities for businesses. I’m pleased the city of Guymon is receiving this award, which will help improve critical infrastructure and allow for continued economic development in the Oklahoma Panhandle,” said Congressman Frank Lucas (OK-03). “The Oklahoma Panhandle is an important region to our state’s economy, and I thank the Economic Development Administration and Guymon’s community leaders for their continued investment in Western Oklahoma.”
This investment will support the expansion of existing businesses and attract others to the city’s industrial park. The EDA investment will be matched with $2.6 million in local funds, is expected to create 60 jobs, and generate $100 million in private investment.
“The Economic Development Administration supports locally-driven, strategic economic investments,” said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo. “This project will provide critical infrastructure to support business development, bringing good-paying jobs to the community.”
“I am glad to see these strategic economic developments invested in Guymon, Oklahoma,” said Governor Kevin Stitt. “We are thankful for the EDA’s investment, which will be met with local funds, resulting in more jobs and economic expansion in western Oklahoma.”
This project was made possible by the regional planning efforts led by the Oklahoma Economic Development Authority (OEDA). EDA funds OEDA 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.
Source: press release
