AASHTO Journal, 5 June 2015
The federal Economic Development Administration is awarding the Maine Department of Transportation a grant of $992,687 in public works funds to help build an Interstate 95 interchange and realign an adjacent road to industrial facilities in Waterville.
The EDA, a Commerce Department agency, said the interchange at Trafton Road and the work on the industrial access road would “help boost business expansion and provide job opportunities for the region’s residents.”
The grant helps fund a $4.8 million project “that the grantee estimates will create 325 jobs and leverage $34 million in private investment,” the EDA said.
Maine’s U.S. senators – Republican Susan Collins and Independent Angus King – issued a joint statement in response to the EPA award. “This important investment will strengthen our infrastructure in Waterville, facilitating economic development across our state,” they said. “Investments in infrastructure are investments in improved public safety and economic prosperity, the lifeblood of our communities.”