Alaska Delegation Welcomes $2 Million CARES Act Grant for Pipeline Training Center
US Senators Lisa Murkowski and Dan Sullivan, and Congressman Don Young welcomed an announcement by US Secretary of Commerce Gina Raimondo that a $2 million Coronavirus Aid, Relief, and Economic Security (CARES) Act Recovery Assistance grant is being awarded to the Fairbanks Pipeline Training Center Trust.
The grant, authorized by the Commerce Department’s Economic Development Administration (EDA), is to acquire heavy-duty equipment needed to expand workforce training efforts and will be matched with $499,040 in local funds. The project is expected to create 12,300 jobs, retain 5,000 jobs, and generate $10.5 million in private investment.
“President Biden is committed to unleashing the full power of the federal government to ensure our nation not only recovers from this pandemic but builds back stronger,” says Secretary Raimondo.
“This EDA investment in the Fairbanks Pipeline Training Center Trust will expand their capacity to train students in pipeline operation and maintenance to support growing workforce demands in the oil and gas, mining, and construction sectors.”
“The Fairbanks Pipeline Training Center Trust has provided excellent workforce training for Alaskans for many years and is a model for the nation,” says Murkowski.
“I am pleased that the Trust has received this grant to expand their efforts to prepare Alaskans for well-paying jobs in pipeline operation and maintenance, mining, and construction. I am hopeful that the award of this grant signals the Administration’s commitment to supporting oil and gas exploration and development in Alaska, and to supporting construction projects generally throughout our state.”
“Alaska needs trained, skilled workers to maintain our existing infrastructure and to prepare for the economic opportunities that will come from new energy developments on the North Slope,” says Sullivan. “The Fairbanks Pipeline Training Center has kept pace with the demand for resource development, construction, and associated trade professionals, and provided great opportunities for high-paying jobs for thousands of hard-working Alaskans. The EDA grant announced this week is a sizable investment in the training center, in our own workforce, and in Alaska’s future.”
“Workforce training is essential for ensuring that Alaska has access to a high-skilled labor pool. This is especially true as our state and nation begin to turn a corner in the fight against COVID-19,” says Congressman Young.
“Recovery is on the horizon, and the Fairbanks Pipeline Training Center will play an even larger role in the Interior’s economy. This grant funding will go a long way toward bolstering economic opportunity by helping Alaskans secure high-paying jobs to support their families.”
“The Economic Development Administration plays an important role in supporting community-led economic development strategies designed to boost coronavirus recovery and response efforts,” says Dennis Alvord, acting assistant secretary of commerce for economic development.
“The equipment to be acquired with this EDA investment will expand student training for in-demand jobs to increase the resiliency of the regional economy in response to the pandemic.”
This project is funded under the CARES Act (Public Law 116-136), which provided EDA with $1.5 billion for economic assistance programs to help communities prevent, prepare for, and respond to coronavirus. EDA CARES Act Recovery Assistance, which is being administered under the authority of the bureau’s flexible Economic Adjustment Assistance (EAA) program, provides a wide-range of financial assistance to eligible communities and regions as they respond to and recover from the impacts of the coronavirus pandemic.
In This Issue
The Corporate 100
Alaska Business has been celebrating the corporations that have a significant impact on Alaska’s economy since 1993. At the time, the corporations weren’t ranked as the list didn’t have specific ranking criteria. Instead, the Alaska Business editorial team held long, detailed, and occasionally passionate discussions about which organizations around the state were providing jobs, owned or leased property, used local vendors, demonstrated a high level of community engagement, and in general enriched Alaska.