DRA announces major investment in Stanton
The Delta Regional Authority (DRA) has announced a $3,539,000 investment that will boost economic development and improve the quality of life for current and future businesses and residents surrounding the BlueOval City automotive complex near Stanton. Funding from this project is provided by the Community Infrastructure Fund (CIF). The investment will be matched by $8,140,000 in additional funds from USDA Rural Development. The town of Stanton investment project will provide water and sewer utility services to facilities critical to BlueOval City, a planned automotive assembly complex near Stanton operated by Ford Motor Company and BlueOval SK. BlueOval City is Ford’s largest, most advanced auto production complex in its history and will be home to the next-generation electric truck from Ford. Additional facilities supported by the project include an existing fire station and the Tennessee College of Applied Technology, which will serve as Ford’s primary training center. The project is expected to create 2,700 direct jobs and over 3,300 indirect jobs.