You are here

News About the American Recovery and Reinvestment Act

Winnisquam Echo (New Hampshire) - Stimulus funds branch out as road projects begin

When President Obama announced his stimulus package to rebuild America's infrastructure, many wondered how this would help the economy. Pike Industries, a local leader in such construction, is proof that this strategy has been a boost to jobs and the local economy.

'Because of this stimulus money,' said Pike President Christian Zimmermann, 'we were able to maintain about 250 jobs and hire up to 100 more people in N.H. alone. There's been a real trickledown effect as a result. The guys out on the job sites go to a store during their breaks, they buy a sandwich for lunch. On long-term jobs they stay in local hotels, and all of this means money back into the communities. Visit a town at the end of the summer when we're through a long-term job and see what the impact has been.' [6/10/09]

WTOL 11 (Ohio) - Perrysburg business to receive $10 million from stimulus plan

Willard and Kelsey, Solar Panel-Producing Small Business, Will Receive $10 Million Stimulus-Funded Loan, Eventually Hope to Expand Manufacturing. “A Perrysburg business will receive a financial boost from the Ohio Jobs Stimulus Plan. Gov. Ted Strickland has announced Willard and Kelsey will receive a $10 million loan from the Ohio Jobs Stimulus Plan. Willard and Kelsey, which makes thin solar panels, currently operates one manufacturing line and hopes to expand to 16 lines with 3,500 workers.” [6/10/09]

Hudson Valley Press (New York) - Biden hosts Recovery Act Discussion

The Recovery Act provides innovative ways for businesses and consumers to save money while also investing in energy efficiency,' said John Berger, Founder and CEO of Standard Renewable Energy, in Houston, Texas. 'Because of the Recovery Act, our business is growing, not shrinking. We just opened a new office in Phoenix, and by year's end, our workforce will have grown over 70 percent.'

The $8,000 first-time home buyer tax credit is stimulating nearly 200,000 additional home sales across the nation and will result in over 73,000 new jobs. Last week at NAHB's spring board meeting, HUD Secretary Shaun Donovan announced new rules that will enable buyers to access the credit at closing, which will make it even more effective. While this is a good start, we still have a long way to go before returning to a healthy housing market,' said Joe Robson, President of the Robson Company in Broken Arrow, Oklahoma and Chairman of the National Association of Home Builders. [6/10/09]

Phoenix Business Journal (Arizona) - Arizona gets 681 million stimulus funding for education

The U.S. Department of Education has approved $681 million in American Recovery and Reinvestment Act funding for Arizona schools, helping to keep hundreds of teachers employed, despite deep budget cuts in education.

U.S. Rep. Harry Mitchell said “While the Arizona Legislature continues to propose education cuts to balance their budget, this funding helps to show our commitment to our teachers and students -- that their future matters…. “A strong education translates into a more prepared, competitive work force and a sustainable economic future.”

U.S. Rep. Ann Kirkpatrick, “These funds will help ensure our kids get the education they need to succeed in the 21st century by keeping our best teachers in the classroom and holing our schools to higher standards.” [6/10/09]

The Salt Lake Tribune (Utah) - Stimulus funds will be used to upgrade Forest Service roads

Federal stimulus funding is being used this summer to support 120 workers doing maintenance projects on U.S. Forest Service roads in northern Utah. With $11.6 million provided through the Uinta-Wasatch-Cache National Forest…Those funds are part of $1.15 billion allocated to the Forest Service through the American Recovery and Reinvestment Act.

'We might have had to look at layoffs if we didn't get this,' said Wasatch County manager Mike Davis, citing the $3.2 million in aid his county is receiving for work on four roads…He said the money will support an estimated 32 jobs. [6/9/2009]

The Mail Tribune (Oregon) - Weatherization program boosted by stimulus funding

Jackson County is in line to receive $1.7 million in weatherization dollars as part of a federal stimulus program designed to boost the economy, improve the environment and help low-income families. According to estimates from Gov. Ted Kulongoski's office, the three-year program would create 33 new jobs locally and help weatherize 238 homes in the county to reduce energy costs.

Statewide, Oregon will receive $34 million for weatherization programs that will improve the energy efficiency of an estimated 4,600 homes. So far, the federal government is sending only about half the money, and the balance will be distributed after measuring the progress agencies make in their programs.

…most people see a 20 to 30 percent reduction in their utility bill, which can sometimes translate into 30 or 40 percent of their disposable income in a given month. For many families, the savings increase their disposable income. [6/10/09]

Winston-Salem Journal (North Carolina) - Area transit agencies to get stimulus money

Several transit projects in Northwest North Carolina are among 140 state transit projects that will get federal stimulus money, Gov. Bev Perdue announced yesterday.

AppalCart, which serves Watauga County with buses and vans, will get $6 million to build a 23,000-square-foot transit center that will consist of offices and a maintenance area for the agency, said Christopher Turner, the transportation director for AppalCart. Turner estimated that the project would create 40 jobs and sustain about 300 jobs among the general contractor and subcontractors. [6/11/09]

OTHER HEADLINES