Grant & Loan Awards: Coffee County


Coffee County

EDGE Fund: $500,000

Awarded: 04/08/2008

Applicant: Douglas-Coffee County Industrial Authority

EDGE funds to assist with building acquisition for the location of Premium Waters, Inc. (PWI), a bottled water production facility. PWI will locate on a 56-acre site in the Perimeter West Industrial Park in Douglas. Situated on the site is a 102,000 SF speculative building that was built with OneGeorgia Equity funds in 2002. The company plans a 98,000 SF expansion to this building for a total of 200,000 SF. PWI is a subsidiary of Chesterman Company (CC), which is a Coca Cola Bottling Company. PWI, established in 1994, is one of the largest bottled water companies in the Midwest region. Its parent company, CC, is a family-owned business dating back 130 years. PWI sells water to the commercial, residential and retail markets including both branded and private label water products. Competitors include Coke (Dasani), Pepsi (Aquafina) and Nestle (numerous brands).

Total Budgeted Project Cost: $40,500,000

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