Success Stories Brayton Point
President Biden speaks on climate change at Brayton Point (Associated Press)
Thanks to U.S. EDA-funded investments totaling over $2 million, a former coal-fired power plant in Somerset, Brayton Point, now represents an opportunity for meaningful brownfield remediation and redevelopment. This transition is already underway with the acquisition of 47 acres by Prysmian Group, an international firm that specializes in the production of electrical cable for the energy sector. Prysmian plans to construct a manufacturing facility at Brayton Point to produce underwater transmission cables necessary for New England’s off-shore wind industry. This project would bring high-wage, quality jobs to Somerset and bolster the region’s role in supporting the Marine Science and Technology (MST) industries, particularly through partnerships with Mayflower Wind.
New Bedford Harbor The nation’s #1 commercial fishing port, New Bedford Harbor is home to 350 commercial fishing vessels with another 150 calling on the port throughout the year. In 2021, U.S. EDA Awarded the New Bedford Port Authority with $16 million in funds to complete Phase II of the North Terminal expansion, as well as Pier and Fendering repairs. Completion of this project – with a total cost of $20 million – will enable the development of new waterfront industries and expansion for additional dockage, bulkheads, offloading and seafood processing, off-shore wind operations, and other activities – all of which create new employment opportunities that will make the harbor’s infrastructure and economy more resilient. New Bedford Fairhaven Bridge (SRPEDD)
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