The Port of Shelton Thursday announced it has received a $160,000 grant and $160,000 in funding from the Washington State Community Economic Revitalization Board (CERB). This funding is in the form of a Committed Partnership with Fraser MetalWorks that will jump start the engineering and infrastructure to include the conversion of an existing 11,600 square foot shed into a steel fabrication assembly building that includes space for the manufacturing and testing of industrial electrical control panels, complete necessary site and building improvements include adding exterior walls, overhead shipping and personnel doors, floor leveling, extension of underground power, water, and storm water, and the addition of a restroom and interior walls.
The estimated private investment is $1.6 Million Dollars with an estimated 50 permanent jobs to be created.
“We are grateful and very excited for the opportunity CERB has provided. With the closure of mills and loss of jobs this opportunity couldn’t have come at a better time. Partnering with a tenant to create new jobs for our community is what the Port is all about.” stated Executive Director Smith.
CERB focuses on creating private sector jobs in partnership with local governments by financing infrastructure improvements which encourage new business development and expansion.