Daines Announces $750,000 for Kootenai Rail Development
U.S. SENATE —U.S. Senator Steve Daines today announced $750,000 in funding for the Kootenai Business Park in Libby.
“Through these additional funds Lincoln County will be able to create and save good-paying Montana jobs,” Daines stated. “The Kootenai Rail Development Project will invigorate the region and be a boon for local business.”
Daines authored a letter of support for this project on April 21, 2016 to the Economic Development Administration (EDA), “Completion of the new rail spur will reassure current businesses in the Kootenai Business Park that economic rail transportation will be available to them, and is considered vital to attract new businesses with good-paying jobs.”
This EDA investment will fund development of a railroad in Libby. The investment will support the creation of additional wood product manufacturing jobs in the distressed region of Lincoln County and will help the Lincoln Port Authority to redevelop its defunct rail spur, which serves the business park. Completion of the project will allow a local company to expand and attract additional manufacturing companies to the area.
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