Commerce Department announces investment of $1.5M in Andrews business park

The Andrews Economic Development Corp. is set to receive $1.5 million for infrastructure for a business park.

The Commerce Department in Washington, D.C., reported this week that its Economic Development Administration will award the grant to the economic development corporation in Andrews to support a new business park. This grant is funded by the American Rescue Plan, according to a press release.

This project will provide road and water infrastructure for the Northwest Business Park, supporting business development and growth, the news release stated. This EDA grant will be matched with $2.4 million in local funds and is expected to create 50 jobs and generate $62 million in private investment, according to grantee estimates.

The project will be located on around 200 acres of land between Loop 1910, Highway 115 and Southwest Mustang Drive in the southwest part of the city.

“This EDA investment will provide new space for businesses to grow in West Texas, supporting a robust, diverse regional economy,” said Secretary of Commerce Gina M. Raimondo in the release.

“The Economic Development Administration works closely with communities to support locally-driven economic development strategies to drive growth,” said Assistant Secretary of Commerce for Economic Development Alejandra Y. Castillo in the release. “The infrastructure improvements provided through this EDA investment will create new opportunities for businesses to locate and expand in Andrews, creating good-paying jobs in the community.”

Texas Gov. Greg Abbott is quoted in the release as saying, “Road and water infrastructure is vital to the development of our communities, and I thank the Economic Development Administration for this grant supporting the Northwest Business Park in Andrews. This investment will create more jobs and greater economic opportunities for Texans in the Permian Basin for generations to come.”

This project is funded under EDA’s American Rescue Plan Economic Adjustment Assistance program, which makes $500 million in Economic Adjustment Assistance grants available to American communities.


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