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News About the American Recovery and Reinvestment Act

News Leader (Virginia) - $65M PGI expansion will bring jobs

[Waynesboro Assistant City Manager] Shaw said Waynesboro also received a $17 million federal stimulus recovery zone bond allocation, where Waynesboro would act as the conduit to issue the bonds, if PGI elects to use the low-interest rate of the bond to help finance the project.

After witnessing a series of layoffs at several of the city's manufacturing plants and the shut down of the Mohawk Industries facility -- which employed more than 100 -- city officials called Wednesday's announcement a significant event in the effort to improve the city's economy that is burdened by an unemployment rate of 9.2 percent…

Shaw said the 41 jobs, which are estimated to have an average wage of $18 per hour, would generate a payroll of $1.5 million annually that could largely flow back into the local economy… [4/1/10]

Belleville News-Democrat (Illinois) - Rockford factory to get stimulus money

A northern Illinois company is getting $5 million in federal stimulus cash to develop wind energy turbine parts at its Rockford plant.

Gov. Pat Quinn's office says Ingersoll Machine Tools will use the money to, among other things, purchase and retrofit equipment that'll give the company the ability to produce wind turbine components.

It says the project will help create 87 jobs and retain 69 jobs at Ingersoll… [4/1/10]

News Tribune (Washington) - Pasco company gets stimulus grant for Richland biodiesel refinery

Gen-X Energy Group in Pasco has been awarded a $720,000 grant of federal economic development money to build a biodiesel refinery in Richland

The initial unit of the biodiesel refinery could be operating by the end of the year at the Horn Rapids Industrial Park. The federal money would be used with private money for the first phase of the project, which will cost $2.9 million, according to the Gen-X application for the grant.

'There's no way we'd go ahead with this project on this schedule and scale without the stimulus money,' said managing partner John Forrest… [4/1/10]

Akron Beacon Journal (Ohio) - Federal stimulus funds to pay for road upgrades

Several heavily traveled highways and intersections will be upgraded as a result of $28 million in federal stimulus funds… [3/31/10]

Orange County Register (California) -Local Boys & Girls Club uses stimulus funds on jobs

…Sixteen Boys & Girls Clubs in Orange County received about $780,000 collectively through the $787 billion American Recovery and Reinvestment Act adopted last year.

Clubs across the country saw funding drop recently because of a dip in corporate and private donations, said Perry Cooper, a representative of the national Boys & Girls Club.

But the clubs have seen an increase in attendance during the recession because they offer cheaper after-school programs than most, club leaders said. Also, some parents have had to take on extra jobs, leaving them less available to care for their children, leaders said…

The Boys & Girls Clubs' stimulus money came with two objectives: to create or retain jobs and maintain mentoring programs. [4/1/10]