Grant & Loan Awards: McDuffie County


Equity

McDuffie County

Equity Fund: $500,000

Awarded: 03/10/2006

Applicant: McDuffie County, Development Authority of


Description:
Equity funds for construction of a rail spur in addition to drainage and paving improvements in support of Thomson Plastics, a manufacturer of custom plastic injection moldings. The company needs to make these improvements in order to remain competitve in an increasing competitve market with foreign and local competitors. Thomson Plastics is located in the West Thomson Industrial Park and currently employs 235 people. The company commits to create 30 new jobs in Thomson in addition to the 75 news jobs at the new Sandersville plant and make $120,000 in capital improvements.


Total Budgeted Project Cost: $9,062,600


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