Grant & Loan Awards: Sumter County


Sumter County

Equity Fund: $500,000

Awarded: 06/01/2007

Applicant: Sumter County

Equity funds to assist with water improvements to serve ConArt, Inc., located on Hwy 280 in Cobb, Georgia. The Company, established in 1988, with a current workforce of 150, specializes in custom architectural precast cement finishes for use in residential and commercial building construction. The improvements will allow the Company to expand its existing operations, creating 40 new jobs and additional $1.2 million in private investment. ConArt currently operates wells and is non-compliant with EPD due to contaminants exceeding allowed levels as well as elevated levels of Toluene and iron deposits. The Company is considering relocating to another area if a dependable and quality water source cannot be provided. Equity grant funds will be used to assist with the installation of a 10,700 linear foot 12” public water line, allowing total employment at ConArt to grow to 190-200. In addition, the Company is considering adding production lines resulting in a $12 million private investment and a total of 400 jobs.

Total Budgeted Project Cost: $2,020,000

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