Batesville Awarded $2.1M Grant to Expand Industrial Park

Batesville Awarded $2.1M Grant to Expand Industrial Park
(U.S. Economic Development Administration)

Batesville has received a $2.1 million federal grant to expand and improve infrastructure at the city's industrial park.

The grant from the U.S. Department of Commerce's Economic Development Administration will be used to construct roads, water, and sewer infrastructure to support expansion and business development at the park. It will be matched with $526,275 in local funds.

The project is expected to create an estimated 200 jobs and generate $30 million in private investment.

Funds come from the federal Assistance to Coal Communities initiative, which assists areas severely impacted by the declining use of coal. 

“You don’t need to look any farther than Batesville’s industrial park to know that this community is thriving,” Gov. Asa Hutchinson said in a news release. “The $2.1 million will support Batesville’s continued growth as leaders build the infrastructure at the industrial park, which will attract more industry and create even more jobs.”

The project was made possible by the regional planning efforts led by the White River Planning & Development District.