Grant & Loan Awards: Richmond County


EDGE

Richmond County

EDGE Fund: $2,025,000

Awarded: 05/17/2007

Applicant: Richmond County, Development Authority of


Description:
EDGE funds to purchase telecom equipment in support of the location of Automatic Data Processing, Inc. (ADP) to Augusta, Georgia. The Company will initially lease a facility located on Stevens Creek Road and then build its own facility. ADP is a provider of computerized transaction processing, data communication and information services for employers of all sizes. The Company provides its clients with some of the following services: payroll, human resources, 401(k) retirement services, expense management, time and labor management, tax and compliance management, benefit administration, and screening and selection services. ADP, a New Jersey-based company, is publicly traded on the New Your Stock Exchange. In addition, the Company employs over 46,000 people and has operations throughout the world.


Total Budgeted Project Cost: $6,187,800


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