Grant & Loan Awards: Crisp County


Crisp County

EDGE Fund: $400,000

Awarded: 06/20/2006

Applicant: Crisp County-Cordele Industrial Development Authority

EDGE funds to assist with the extension of the Heart of Georgia Rail line into Cedar Creek Corporate Park along with a rail spur and two side tracks to support a proposed Flexible Duct Media Insulation Manufacturing Plant. The Authority has applied on behalf of Owens Corning, the world leading innovator of insulating systems and producer of fiberglass and rigid foam insulation products. This project is in competition with Alabama, South Carolina and Tennessee. The proposed manufacturing project will create 110 new jobs growing to 250 jobs within three years.

Total Budgeted Project Cost: $103,279,000

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