Grant & Loan Awards: Gordon County


EDGE

Gordon County

EDGE Fund: $490,000

Awarded: 09/22/2004

Applicant: Gordon County Development Authority


Description:
EDGE funds to purchase land needed for LG Chem Industrial Materials, Inc. (LGCIM) to locate a manufacturing facility on approximately 35 acres in Gordon County. LGCIM is a multi billion dollar subsidiary that makes a wide variety of products for the automotive, commercial and residential markets. This facility will produce solid surface kitchen countertop material for residential and commercial markets in the U.S. In addition, the Calhoun site will be the company's first North American manufacturing operation. The property will be owned by the Gordon County DA and will be leased to the company. This project will create 70 new jobs with private investment of $40 million. Calhoun, Gordon County is in competition with Tennessee and Texas.


Total Budgeted Project Cost: $46,429,500


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