Energize-ECI Grant Work Results in $2.3 Million Rail Spur Development Grant for Park One Site
Muncie, IN – E. Roy Budd, Executive Director of Energize-ECI, Inc., and Brad Bookout, Energize-ECI Resource Development Manager, announced they have been notified that $2.3 million in federal funds have been allocated to complete a rail spur at Park One Industrial Park adjacent to I-69 at SR-332.
The spur will be an extension from a nearby rail line and be used by Brevini USA, Brevini Wind and VAT Energies to ship completed green energy components. Save-A-Lot also operates a large grocery store product distribution center at Park One.
Initial work on the grant application began over two years ago, with the efforts completed by a team led by Brad Bookout of Energize-ECI and Terry Murphy, Vice president of the Muncie-Delaware County Economic Development Alliance, with assistance from the Delaware County Commissioners and others.
The County Commissioners had previously earmarked $1.9 million in local funds to help develop the spur, an incentive used to add economic development value to the industrial park and to encourage Brevini USA to locate in Delaware County. Funding for the project was awarded by the Economic Development Administration of the U.S. Department of Commerce, and is part of the American Reinvestment and recovery Act of 2009.
Roy Budd commented, “I”d like to thank all of those who were involved in the rail spur grant application process for the past 20 months. The Park One rail spur will serve to attract additional investment and jobs to Delaware County and will benefit East Central Indiana.”
The rail spur was the priority project for Delaware County to be completed from the 2009 Comprehensive Economic Development Strategy Report (CEDS).
The Energize-ECI Resource Development Group is a grant resource entity managed by Energize-ECI, Inc. – and was initially formed by a partnership between Blackford County, the cities of Montpelier and Hartford City, plus Delaware County.
About Energize-ECI, Inc.
Details about Energize-ECI, Inc. and information about East Central Indiana and recent area business news may be viewed at the comprehensive Energize-ECI, Inc. website www.energize-eci.org. The organization may be contacted at the Energize-ECI Engagement Center, 122 E, Main St., Muncie, IN 47305 (P.O. Box 1912, Muncie, IN 47308-1912); by phone at (765) 254.1420; fax (765) 254.1450 and by email [email protected]. Energize-ECI’s regional business newsletters may be read or downloaded by going to the website.
Prepared by Tom Farris
T.L. Farris & Associates
P.O. Box 2542
Muncie, IN 47307-0542
Phone: 765.284.5313
Fax: 765.284.5314
Email: [email protected]
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