Grant & Loan Awards: Spalding County


Spalding County

EDGE Fund: $200,000

Awarded: 05/28/2008

Applicant: Griffin-Spalding Development Authority

EDGE funds to assist with the acquisition of 30 acres of land in the Hudson Industrial Park in Griffin for the location of Sumika Polymer Compounds America, Inc. (SPCA). SPCA, a joint venture of two Japanese based companies, Sumitomo Chemical Company (SCC) and Toyo Ink International Corporation (TI), will construct a 90,000 SF facility to manufacture polypropylene compounds for use in the automotive industry as bumpers and other components. SCC is a manufacturer of polypropylene compounds and has an existing operation in Houston, Texas that it operates in partnership with Chevron Phillips Chemical Company. TI’s specialty is coloring technology. Both companies have a combined two centuries of business experience. This project will create 50 new jobs and $30 million in private investment within two years. Georgia was in competition with Tennessee, Alabama and Arkansas.

Total Budgeted Project Cost: $30,049,900

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