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Posts Tagged ‘Office of Economic Adjustment’

OEA Grants to Help Virginia, Kentucky Bolster Defense Economies

  • August 25, 2015
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The commonwealths of Virginia and Kentucky plan to use new grants from DOD’s Office of Economic Adjustment (OEA) to support companies and workers affected by defense cutbacks and boost defense-related economic development. Virginia’s $5.4 million community planning grant will be used to assist communities, businesses and employees in defense-related areas respond to reductions in DOD spending; expand entrepreneurship opportunities for defense-related employees and businesses; and support displaced defense contractors seek other employment opportunities, according to a press release from Gov. Terry McAuliffe (D). “Virginia has taken the lead in identifying businesses potentially impacted by the recent defense reductions and worked with state, community and business leaders to develop meaningful programs to address the issues,” McAuliffe said. “With these funds, Virginia will provide direct support to companies as they transition to alternative markets …

DOD Awards $54M to Schools on Travis AFB, JB Lewis-McChord

  • July 19, 2015
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The Defense Department is awarding $54.1 million to school districts in northern California and Washington state to upgrade elementary schools at neighboring military installations, DOD announced last week. The Travis Unified School District will receive $13.8 million to renovate and expand Scandia Elementary School at Travis Air Force Base, Calif. The district is providing an additional $3.4 million in non-federal matching funds for the project which will serve over 500 military-connected students. The Clover Park School District will receive $40.3 million to replace Evergreen Elementary School at Joint Base Lewis-McChord, Wash. …

Planning Agency to Craft Diversification Plan following loss of Aviation Brigade at Ft. Campbell

  • July 9, 2015
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The Pennyrile Area Development District will receive a $393,348 community adjustment assistance grant from the Office of Economic Adjustment to mitigate the loss of the 159th Combat Aviation Brigade at Fort Campbell, Kentucky Rep. Ed Whitfield (R) announced last week. The planning district for western Kentucky will use the funds to put together an economic diversification and growth plan for a six-county region in Kentucky and Tennessee. The plan will examine earlier and proposed reductions; assess the impacts of those reductions; identify and analyze the capacity of the region in several key areas; and define strategies for local, regional and state leadership needed to mitigate impacts and spur growth in the area …

Massachusetts Agency Launches Economic Diversification Study

  • June 29, 2015
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The Massachusetts Manufacturing Extension Partnership (MassMEP) has launched an economic diversification study to help the state cope with cutbacks in DOD spending by becoming less dependent on defense contracting. The organization recently was awarded a $400,000 grant from MassDevelopment, a state agency that received a $1.5 million grant from DOD’s Office of Economic Adjustment. MassMEP will help companies reposition toward commercial markets, Jack Healy, its president, told the Telegram. A large number of manufacturers providing critical systems to the defense industry will have a difficulty surviving when their customers diminish. The grant also will expand an initiative allowing undergraduates from Worcester Polytechnic Institute to teach a training curriculum to the University of Massachusetts at Lowell. Of the about 87,000 jobs in the state supported by the defense industry, 43,000 are direct jobs, Healy said. The 87,000 positions do not include research and development or Small Business Innovation Research grant jobs. The study is expected to be completed in March 2016.

OEA Plans to Support Communities Coping with Downsizing

  • June 23, 2015
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With more than a dozen communities experiencing downsizing at neighboring military installations over the past several years and further cuts in personnel looming, DOD’s Office of Economic Adjustment is planning to offer financial assistance and other support to affected communities. The agency plans to issue an announcement next month in the Federal Register soliciting communities to apply for grants to address personnel reductions — including military and civilian — of at least 2,000 at local installations, OEA Director Patrick O’Brien said Monday during the OEA Town Hall session at the 2015 Defense Communities National Summit. Communities would be eligible if they suffered the cuts over the past three years or are slated to absorb them over the next three years …

Task Force’s Efforts to Support Ohio Manufacturing Facility Begin ‘To Pay Off’

  • June 17, 2015
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Task Force LIMA, the local support organization for the Joint Systems Manufacturing Center, is moving ahead with several initiatives to promote the government-owned, contractor-operated tank and military vehicle production facility in northwestern Ohio. The task force has reached out to the Ohio Federal and Military Jobs Commission after the manufacturing facility was ignored in the commission’s report outlining ways to boost federal and military jobs in Ohio, reported The group plans to nominate a representative to serve on the commission as soon as one of the current member’s terms expires. “I think it’s really important that we now have a partner in the state of Ohio, which is a new dynamic,” said Lima Mayor David Berger …

Amendment Would Require OEA Report on Support for Army Communities

  • June 16, 2015
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The Office of Economic Adjustment would be required to submit a report to Congress on funding that could be made available to communities affected by the Army’s latest restructuring, under an amendment added to the fiscal 2016 defense spending bill last week by the Senate Appropriations Committee. The Army shortly is expected to announce how it will realign its forces to shrink its end strength by up to 70,000 soldiers by fiscal 2020. Officials announced a similar restructuring in June 2013. At the time, the Army said it would deactivate 10 brigade combat teams to eliminate 80,000 personnel and cut its end strength to 490,000. This latest reduction could trim active-duty forces to 420,000 …

Wisconsin Leaders Underscore Need to Diversify State’s Economy

  • June 1, 2015
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To cope with the uncertain trajectory of defense spending, the state of Wisconsin needs to consider ways to diversify its economy, according to a commentary in the Milwaukee Journal Sentinel. The city of Oshkosh already is attempting to reduce its reliance on defense contracts following the loss of thousands of jobs at Oshkosh Defense as DOD has slashed its procurement of tactical military vehicles. One avenue local planners are pursuing with the support of $1.8 million in grants from DOD’s Office of Economic Adjustment (OEA) is helping the suppliers of Oshkosh Defense enter other industries. The city of Marinette similarly should prepare for the possibility that work building the Navy’s littoral combat ship at Marinette Marine Corp. declines …

Defense Industry Adjustment Program Would Be Eliminated under Senate Policy Bill

  • May 28, 2015
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DOD’s program for supporting communities coping with the cancellation of a defense contract or a major reduction in defense spending would be eliminated under the fiscal 2016 defense authorization bill approved by the Senate Armed Services Committee on May 14. The committee calls for stripping out $33.1 million from the Pentagon’s $110.6 million FY 2016 budget request for the Office of Economic Adjustment that would fund the agency’s defense industry adjustment program. The committee also recommended stripping out $20.0 million from the request for civilian water and wastewater infrastructure improvements needed on Guam to accommodate an influx of Marines …

House Bill Would Relax Restrictions on Funding Public Infrastructure Projects on Guam

  • May 18, 2015
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The draft fiscal 2016 defense authorization bill passed by the House last week would amend existing restrictions on the development of civilian infrastructure on Guam by allowing funding for projects identified in a report from the federal Economic Adjustment Committee. The FY 2014 defense authorization bill had restricted the expenditure of any funds on public infrastructure on Guam that had not been specifically authorized by law. That statute also called for EAC to consider assistance — including assistance to support public infrastructure requirements — needed to accommodate the realignment of Marine Corps forces from Okinawa …

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