$1.5M grant helps expansion of Mo. industrial park

$1.5 million federal grant to help build road for expansion of Missouri industrial park

Associated Press

PERRYVILLE, Mo. (AP) -- The planned expansion of a southeast Missouri industrial park is getting a boost from the federal government.

The U.S. Department of Commerce on Thursday announced a $1.5 million grant to help build a roadway for the Perryville Industrial Park in Perry County.

Missouri officials say the money will go toward construction of a two-mile road, including acquisition of the land. The project is expected to create 215 jobs during the next three years.

The roadway will allow two existing businesses to expand and help the park accommodate more tenants in the future.