Costa Announces $1.9 Million Investment in Merced County
Washington, DC-Rep. Jim Costa announced that the Economic Development Agency (EDA) has committed $1.9 million to expand the existing vocational and business training center in Merced County. The Central Valley Opportunity Center renovation will create 423 new jobs and increase the center’s ability to train workers for higher-wage, higher-skill jobs in the metal manufacturing and transportation trades industry. Costa has been a strong supporter of funding EDA throughout his entire career in Congress.
“This award has a clear multiplier effect for Merced County that will result in both short and long-term job growth,”said Costa. “Central Valley Opportunity Center’s work helps build and diversify our Valley workforce which attracts businesses to invest in our region. This investment to expand their facility and services is a big win that will continue to pay off for many years to come.”
The Economic Development Agency is an agency within the U.S. Department of Commerce charged with providing grants to economically distressed areas. EDA awards are intended to create jobs, help retain existing jobs, and leverage industrial and commercial investment in local economies.