Grant & Loan Awards: Muscogee County


Muscogee County

EDGE Fund: $4,625,000

Awarded: 03/08/2007

Applicant: Columbus, Development Authority of

EDGE funds to assist with land acquisition and site preparation costs to expand the AFLAC campus in Columbus. This expansion project spans seven to ten years and includes the construction of three buildings by the company over three phases. The land addition is located in the Corporate Ridge Industrial Park in Columbus. AFLAC, founded in 1955, is a leading underwriter of supplemental health and life insurance policies that cover special conditions, primarily cancer. The company is publicly traded on the New York Stock Exchange and is the third largest provider of insurance products behind MetLife and Prudential. Major markets for AFLAC include North America, Europe, Australia, Asia and Brazil.

Total Budgeted Project Cost: $81,770,000

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