Grant & Loan Awards: Walton County


EDGE

Walton County

EDGE Fund: $500,000

Awarded: 11/16/2009

Applicant: Development Authority of Walton County


Description:
EDGE grant funds of $500,000 to assist with the purchase of machinery and equipment to outfit a new distribution facility in support of General Mills Operations, LLC (GMO). GMO is a subsidiary of General Mills, Inc. (GMI), a Fortune 500 company and one of the world’s premier consumer foods companies with products in over 100 countries around the world. With a current manufacturing facility in Covington, Newton County, Georgia since 1989, the Company seeks to expand in the southeastern region of the U.S. by constructing a regional distribution center. General Mills plans to construct a 1.5 million square-foot LEED certified (Leadership in Energy and Environmental Design) facility on 130 acres that will be one of the largest of its kind in the U.S. Some of General Mills’ more notable products and brands include: Cheerios, Wheaties, Yoplait, Hamburger Helper, Green Giant, Betty Crocker and the most recognized icon of GMI – the Pillsbury Dough Boy.


Total Budgeted Project Cost: $46,718,100


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