Grant & Loan Awards: Richmond County


EDGE

Richmond County

EDGE Fund: $250,000

Awarded: 11/10/2004

Applicant: Richmond County, Development Authority of


Description:
EDGE funds to assist with land acquisition for the location of a distribution center for FedEx Ground, North America's second-largest ground carrier, to Richmond County. The company intends to locate a 38,000 SF FedEx Corporation Ground Division distribution center on a 7.26-acre site at Riverwatch Parkway in Augusta. This project will create 40 new full-time jobs and 40 part-time jobs within two years with private investment of $920,000. Augusta, Richmond County is in competition with North Augusta, South Carolina.


Total Budgeted Project Cost: $3,650,000


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