U.S. Secretary of Commerce Wilbur Ross

U.S. Commerce Department Announces $13 Million in Investments to Support U.S. Manufacturers Negatively Affected by Increased Imports

Today, U.S. Secretary of Commerce Wilbur Ross announced $13 million in U.S. Economic Development Administration (EDA) grants to support 11 Trade Adjustment Assistance Centers (TAACs) that help manufacturers affected by imports adjust to increasing global competition. The TAACs, which each service multiple states, are located in California, Colorado, Georgia, Illinois, Massachusetts, Michigan, Missouri, New York, Pennsylvania, Texas, and Washington.

U.S. Department of Commerce Invests $2 Million to Support Biomanufacturing Efforts in Los Angeles, California

U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $2 million grant to Cedars-Sinai Medical Center of Los Angeles, California, to purchase equipment for the Cedars-Sinai Biomanufacturing Center. According to grantee estimates, the project is expected to create 444 new jobs and spur $47 million in private investment.