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Investing in communities and workers

Sustained, locally-driven investment in community assets needed by businesses will result in high-quality jobs, greater investments, and increased prosperity. We will support local efforts to create and implement viable strategies to build community and regional capacity for job growth.

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Remarks by U.S. Commerce Secretary Wilbur L. Ross at the America Makes – National Additive and Manufacturing Innovation Institute, Youngstown, Ohio

Speeches
Introduced by Guy Coviello, Foundation President, Youngstown Warren Regional Chamber of Commerce. Thank you, Guy, for that kind introduction, and for hosting us here at America Makes, the National Additive, and Manufacturing Innovation Institute. I am extremely pleased to witness the ingenuity and discovery that is taking place in the heart of downtown Youngstown. It is reflective of this state’s...

Commerce Department Invests $10 Million in Florida to Support Business Recovery Efforts and Advanced Manufacturing

Press releases
FORT PIERCE, FL – Today, U.S. Secretary of Commerce Wilbur Ross announced $10 million in Economic Development Administration (EDA) grants to the state of Florida during a visit to Indian River State College (IRSC) in Ft. Pierce. The two EDA grants will help recovering businesses gain access to capital and will fund the construction of a new IRSC worker training facility to bolster the region’s...

Remarks by Commerce Secretary Wilbur L. Ross at the 5th American Workforce Policy Advisory Board Meeting

Speeches
Thank you, Ivanka, for your dedication to America’s workers and for shepherding this initiative over the past year. And thank you for leading this timely and important call. We greatly appreciate the Board members’ desire to contribute immediately to the nation’s economic recovery policy discussions and not wait until our next scheduled meeting for late June. We also thank the Board Members who...

Op-Ed by Commerce Secretary Wilbur L. Ross: 3 Factors Why This Economic Bounceback Won't Mirror 2008

Op-eds
In just a short few months, the coronavirus has stolen 90,000 precious American lives and upended our nation’s economy from one of its best performances in history with the fastest drops in employment and activity in generations. The temporary, but severe economic pain brought about by the response to COVID-19 has had a purpose: the sacrifices being made by our workers, families, and businesses...

U.S. Secretary of Commerce Wilbur Ross Praises Plans by Taiwan Semiconductor Manufacturing Company (TSMC) to Build Semiconductor Facility in Arizona

Press releases
U.S. Secretary of Commerce Wilbur Ross praised today’s announcement by Taiwan Semiconductor Manufacturing Company (TSMC) of plans to invest approximately $12 billion to construct a new 5-nanometer semiconductor production facility in Arizona. This manufacturing facility will be one of only two of its kind globally capable of producing the world’s most advanced semiconductors. TSMC’s planned...

Spotlight on Commerce: Son Lam, Management Analyst and Contracting Officer’s Representative, U.S. Economic Development Administration

Blog
Post by Son Lam, Management Analyst and Contracting Officer’s Representative, U.S. Economic Development Administration My name is Son Lam and I am a Management Analyst and Contracting Officer’s Representative for the Commerce Department’s U.S. Economic Development Administration (EDA). I work in the Office of Finance and Management Services (OFMS) and I am responsible for all contracting actions...

Spotlight on Commerce: Kimberly Trimble, Human Resource Liaison, U.S. Economic and Development Administration

Blog
Guest blog post by Kimberly Trimble, Management Analyst and Human Resource Liaison, U.S. Economic and Development Administration My name is Kimberly Trimble and I am a Management Analyst at the U.S. Economic Development Administration (EDA). As the Human Resource Liaison for EDA, I handle recruitment, classification, position management, security and payroll activities for the bureau. I work...

U.S. Department of Commerce Announces Availability of $1.5 Billion in CARES Act Funds to Aid Communities Impacted by the Coronavirus Pandemic

Press releases
U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) is now accepting applications from eligible grantees for Coronavirus Aid, Relief, and Economic Security Act (CARES Act) supplemental funds (EDA CARES Act Recovery Assistance) intended to help communities prevent, prepare for, and respond to coronavirus. “President Trump is working...