CEDARVILLE, Mich. (WLUC) – U.S. Secretary of Commerce Gina M. Raimondo announced on Tuesday that the Department’s Economic Development Administration (EDA) is providing a $2.7 million CARES Act Restoration Assistance Grant. dollars to the Great Lakes Boat Building School (GLBBS), Cedarville to build a 10,000 square foot school extension, establish new boat mooring infrastructure and purchase marine electronics testing equipment additional.
According to the GLBBS, the associated economic impact will increase from $1 million to $2 million per year in Mackinac County depending on the additional students living in the Cheneaux Islands area for training. In addition, the increase in the number of students will be accompanied by an increase in staff and local purchases of supplies and equipment. There will be an additional positive economic ripple effect with the launch of a multi-million dollar construction project in the Eastern UP
“We are grateful to our federal partners for investing in the Michiganders and creating opportunity on our beautiful Upper Peninsula,” Governor Gretchen Whitmer said. “This investment will provide federal resources to empower the recreational boating industry, among others, and strengthen the economic security of families and small businesses in the region for years to come. We will continue to work at the state level and with our federal partners to grow our economy, create well-paying jobs, and solve the kitchen table issues that matter most to families.
This project is funded under the CARES (Coronavirus Aid, Relief, and Economic Security Act), which provided the EDA with $1.5 billion for economic assistance programs to help communities prevent , to prepare for and respond to the coronavirus. EDA CARES Act Recovery Assistance, which is administered under the authority of the flexible office Economic Adjustment Assistance (EAA), provides a wide range of financial assistance to eligible communities and regions as they respond to and recover from the impacts of the coronavirus pandemic.
“We would like to thank Senators Stabenow and Peters for their support and advocacy of our school and this expansion project,” said Nikki Storey, president of GLBBS. “By expanding our education infrastructure and thereby doubling our annual capacity for graduation, this is an important step in solving the arduous labor shortage in the Great Britain marine industry. Lakes and beyond.”
This project is expected to double the school’s capacity to train marine service technicians, which has a one-year waiting list, and improve student learning experiences. The school is located in a rural area of Eastern UP bordered by both Lake Huron and Lake Superior, where tourism is the predominant economic driver. This EDA grant will be matched with $686,595 in local funds and is expected to create 270 jobs and generate $5 million in private investment.
Copyright 2022 WLUC. All rights reserved.