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EDA gets windfall from Industrial Foundation

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By Ben Carlson

The Lawrenceburg-Anderson County Economic Development Authority's budget swelled from a mere $35,000 to more than $1 million last week when the privately held Industrial Foundation voted to disband and hand over its funds.

The decision, which was approved with a 3-2 vote by the foundation, means it will turn over an estimated $1.2 million, giving the EDA a large cash infusion to help attract industry and jobs to Anderson County.


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