Grant & Loan Awards: Burke County


Burke County

EDGE Fund: $480,000

Awarded: 08/21/2008

Applicant: Burke County, Development Authority of

EDGE grant funds for building improvements in support of the location of ASTA, Inc. to the former Kwikset/Fleetguard 209,000 SF facility in Waynesboro that is situated on 50 acres. ASTA will manufacture a specialized copper product known as Continuously Transposed Conductors (CTC) and will distribute throughout the North American market. This will be the first U.S. facility for the parent company, Metrod (Malaysia) Berhad (MB). MB is a leading provider of oxygen-free electrical copper wires, rods and strips which are used in the cable, telecommunications, electrical and power industries. In addition, MB has facilities in Malaysia, Thailand, Austria and China. This project is in competition with South Carolina.

Total Budgeted Project Cost: $19,024,500

« See all awards for Burke County