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USDA provides RGE loan USDA Rural Development has announced a $l million loan to Newport Utilities to assist RGE USA with a planned expansion. The funds will allow RGE USA to add to it's current employee base as well as to upgrade existing equipment. The zero-interest Rural Economic Development Loan through Newport Utilities will fund projects to create and retain employment in Cocke County. RGE will use the funds to upgrade the existing manufacturing line infrastructure and purchase new equipment to expand the output of plastic injection molded products. The project will add 30 jobs to the exiting 36 workers at the plant. As the money is paid back, it will be available for similar loans to other Cocke County businesses. The USDA Rural Development loan program is aimed at moving investments to rural communities with housing, business and infrastructure loans and grants to create jobs, with an emphasis on areas of persistent poverty. Since 2009, the agency has assisted more than 1.5 million Tennessee families and businesses in 230 communities in all 95 counties of Tennessee, and invested more than $6.6 billion through affordable loans, loan guarantees, and grants.
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Return to Today's News Stories - Front PageThursday, April 29, 2021
US 411 Project News
Mill Creek Wildfire Update
More Bad News For Smokies' Fans
Wednesday, April 28, 2021
Mill Creek Wildfire doubles in size
Goodbye Smokies?
Keep Cocke County Beautiful
Cocke Co. High School Remote Learning today!
Tuesday, April 27, 2021
The fireflies are coming!
Burnout Operations on MillCreek wildfire today
Gas prices drop
Tennessee keeps all US House seats
Monday, April 26, 2021
Boat accident victim ID'd
Traffic stop yields drug arrest
Cocke County Wildfires
Friday, April 23, 2021
Leaving WNPC
Mathis announces candidacy
Newport drug roundup
Cruise Against Cancer
Jobless numbers
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