Grant & Loan Awards: Screven County


EDGE

Screven County

EDGE Fund: $400,000

Awarded: 04/09/2004

Applicant: Screven County Development Authority


Description:
EDGE funds to purchase machinery and equipment from an existing bankrupt company in Screven County. The equipment will be owned by the Development Authority, leased to Westex Acquisition, LLC and then subleased to King America Finishing, Inc. The company will produce flame resistant fabrics internationally, and its affiliate, Westex, Inc., is considered the world leader in flame-resistant treated cotton fabrics. King America commits to creating 150 jobs within two years. Sylvania is in competition with North Carolina.


Total Budgeted Project Cost: $2,890,660


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