Grant & Loan Awards: Thomas County


EDGE

Thomas County

EDGE Fund: $1,250,000

Awarded: 03/01/2004

Applicant: Thomasville Payroll Development Authority


Description:
EDGE funds to assist with the purchase of the former Helig-Myers building that contains 277,519 SF situated on a 29.9-acre site located in Plantation Oak Industrial Park to be occupied by American Signature, Inc. The company intends to locate a regional furniture distribution center as part of an agressive expansion. The company commits to creating 167 jobs within three years increasing to 213 jobs within 54 months (4 1/2 years) with private investment of $18.75 million. Thomasville is in competition with Orlando, Florida for the project.


Total Budgeted Project Cost: $20,306,000


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