Grant & Loan Awards: Carroll County


Carroll County

EDGE Fund: $236,330

Awarded: 08/08/2005

Applicant: Carrollton Payroll Development Authority

EDGE funds to purchase a piece of equipment, specifically, a Cincinatti AutoForm 350+ Hydraulic Press Brake. The Authority has applied on behalf of the Bobcat Company, a manufacutere and distributor of compact equipment for the construction, industrial, landscaping and agricultural markets worldwide. The Company plans to locate a manufacturing facility in an existing 81,160 SF building (former Blaw Knox Building) in the Carrollton Industrial Park. The facility will be dedicated to the production of attachments, the largest growth area of their business. This project will create 100 new jobs with private investment of $8.59 million. This project is in competition with Minnesota and North Dakota.

Total Budgeted Project Cost: $9,826,330

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