Grant & Loan Awards: Toombs County


EDGE

Toombs County

EDGE Fund: $340,000

Awarded: 01/14/2003

Applicant: Toombs County Development Authority


Description:
EDGE funds for improvement costs (including road improvements and sidewalks) and communication infrastructure costs to a 60,000 square foot speculative building owned by the Toombs County Development Authority to be occupied by American Standard Companies, Inc./The Trane Company. Trane will lease-purchase the speculative building from the Toombs County Development Authority creating 67 full-time jobs within the first three years and 100 after ten years in addition to its existing 529 jobs.


Total Budgeted Project Cost: $3,806,000


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