Grant & Loan Awards: Haralson County


EDGE

Haralson County

EDGE Fund: $3,000,000

Awarded: 08/10/2005

Applicant: Tallapoosa Development Authority


Description:
EDGE funds to acquire 459.5 acres needed for a manufacturing plant. The Authority has applied on behalf of American Honda Motor Company, Inc., an automobile manufacturer, that plans to construct a 250,000 SF automotive powertrain assembly plant in Tallapoosa. This plant will produce transmissions for the Honda Odyssey and Pilot that will support the Honda Manufacturing of Alabama, LLC in Lincoln, Alabama. This project will create 400 new jobs. Private investment is projected to be more than $115 million. This project is in competition with Alabama.


Total Budgeted Project Cost: $181,524,000


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