Centralina EDD Supports Gaston College Grant Application Resulting in $1.1 Million Award
October 11, 2023
Gaston College has been awarded a $1.1 million grant from the U.S. Department of Commerce Economic Development Administration (EDA) to further solidify its presence as a leader in textile innovation and technology advancement. The purpose of the grant is to leverage assets and increase the capabilities of the Fiber Innovation Center (FIC) located on the Kimbrell Campus in Belmont, N.C.
The FIC is in the final stages of construction and will offer a state-of-the-art facility to develop and test fibers for industries producing advanced materials and textiles. This substantial EDA investment will support the purchase of cutting-edge equipment for the FIC to help industries innovate as they develop and process advanced fibers and textiles. This strategic investment aligns with the Centralina Economic Development District’s (EDD) Comprehensive Economic Development Strategy (CEDS) by supporting the development of a regional network of innovation hubs that house advanced manufacturing research, testing, prototype fabrication and workforce development programming.
In addition, the EDA grant will reinforce the historical ties this region has maintained within the textile industry by helping to grow the workforce with individuals possessing advanced technology and automation skills. By reinforcing the talent pipeline, this project is expected to create and retain 160 jobs in the Gaston College community.
The Centralina EDD, an integral part of Centralina Regional Council, played a critical role in fostering relations with the EDA and provided support and resources throughout the grant application process. This accomplishment underscores the Centralina EDD’s broader mission to serve as a catalyst for regional growth and prosperity. By collaborating with public stakeholders on regional strategies to help diversify the economy with different types of investment, generate good jobs and spur economic growth.
