Grant & Loan Awards: Cook County
Equity grant funds of $488,700 will be used to assist with the construction of a new 4,248 SF terminal facility at the Cook County Airport located in Adel. The Cook County Level II Airport is 20 miles north of Valdosta on Interstate 75 within close proximity to Florida and Interstate 10 as well as to Georgia and Florida railways, making it an ideal gateway for regional economic development in South Georgia. The current 1,100 SF maintenance hangar office functions as the airport terminal, but is inadequate and lacks the character and capacity to be a true “gateway” facility for the community and region. After a recent runway extension to 5,001 feet, the terminal is the most pressing improvement needed in order to attract and accommodate major business and industry. Hangar Area and Fuel Farm Developments will be constructed simultaneously using local, FAA and GDOT funds.
EDGE funds to assist with pavement repair, lighting installation, land acquisition and building improvements in support of the location of Xella International (XI) to Adel, Georgia. Xella International, founded in 1966, is a leading supplier of construction materials and raw materials to the European market. XI is expanding its global reach in the U.S. and North America with the purchase of a former HEBEL manufacturing plant. This North American operating division is registered as Xella Aircrete North America, Inc. The Adel facility will manufacture concrete. The parent company, Franz Haniel & Cie. GmbH (HFC), is one of the oldest family-owned conglomerates in the world. HFC companies operate in 40 countries and on five continents and employ over 58,000 people.
EDGE funds to purchase land needed for Sanderson Farms, Inc. (SFI) to locate a hatchery and feed mill on approximately 125 acres in Cook County. SFI is a major regional supplier of chicken in the Southern U.S. and the nations's sixth leading supplier of poultry products to consumers and restaurant businesses. The property will be owned by the Adel IDA and will be leased to the company. This project will create 160 new jobs. Adel, Cook County is in competition with Alabama and Texas.
Equity funds to construct water and sewer extensions to serve Phase I of the new South Cook Mega Industrial District. This initial phase will extend 12,000 LF of water and sewer line to the 350-acre site, construct 7,000 LF of road and build a wireless telecommunications tower. The site is located along the I-75 US Highway 41 corridor. Rail access is located on the west side of the property. Significant funding resources for this project include the donation of the 350-acre parcel valued at $1,050,000, local investment of $275,000 and an EDA grant of $1,151,000 to assist with development of the park.
Equity funds to fund the second phase of a regional workforce development center.