Grant & Loan Awards: Bacon County

Program

Date Awarded

Amount

Equity
Equity
06/01/2007
$488,541

Equity funds to support the expansion of the Michigan Blueberry Growers (MBG) facility in Alma. MBG is a producer-owned blueberry cooperative formed in 1936 that processes blueberries from 94 active member-growers on over 2500 acres in 18 South Georgia counties. The Equity loan would be used for building construction of a pre-cooler building, dry storage room and office space for the expansion of the existing processing plant in Alma. The expansion will provide much needed cooling space to support the continued growth of blueberries in Georgia. UGA's Agribusiness and Economic Development staff estimated the economic impact of blueberries in Georgia at $97.4 million resulting in nearly 1400 full-time and part-time jobs. The member growers estimate this expansion will create 66 additional FTE jobs.

Equity
Equity
03/10/2006
$200,000

Equity funds for land acquisition costs for approximately 74 acres of land in order to establish an industrial park. There is currently a small amount of land available for future development. In addition, some of the land that is availalble is unsuitable to build. The proposed site is located adjacent to U.S. Highway 1 North and Cumberland Road (Fielding Road) in Alma. This development of an industrial park will be divided into two phases. Phase I will include land acqusition, storm water drainage and site access. Phase II consits of the construction of water and sewer infrastructure and street paving into the park.

Equity
Equity
08/13/2002
$354,400

Equity funds to assist in acquiring a 437-acre tract of property to expand the industrial park on GA Hwy 32 West in Alma.

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