Grant & Loan Awards: Warren County
Equity funds for water infrastructure improvements and rail construction to serve Plastic Tubing Industries and future East Warrenton Industrial Park tenants. OneGeorgia provided assistance for land acquisition and road infrastructure in 2002 (Phase I) which was instrumental in attracting Plastic Tubing Industries to Warren County. Water Infrastructure initially began in the southern section of the Park. Plastic Tubing Industries and other prospect tenants in the northern section are currently without an adequate water supply. In addition, the Company needs 1,438 linear feet of rail spur because of its plans for expansion. The Company plans to build a 15,000 square foot manufacturing facility. The four additional production lines will double their rail car requirements. The Company commits to create 24 jobs and invest $3.5 million within two years.
BRIDGE funds to assist with two regional technology studies for the McDuffie, Columbia, Lincoln, Warren and Wilkes five-county area. With a geographical footprint of 1500 square miles, a combined population exceeding 150,000, and four of the five counties having a poverty rate greater than 17.5%, the five counties propose to work with Georgia Tech's TechSmart program to identify gaps in broadband infrastructure, benchmark current technology utilization and develop a community and regional technology roadmap. Digitel responsibilities include inventory of vertical assets, topography and infrastructure needs to deploy broadband to the underserved areas of the five counties. The five counties will join forces to expand high speed internet access to underserved areas in the five-county region to promote economic development. In addition, they have an opportunity to leverage their collective bargaining power to attract private partners, control cost of equipment and enhance their regional competitiveness.
Equity funds to refurbish machinery to operational standards to support the re-opening of Wheland Foundry in the only county with a dougle digit unemployment rate. The company anticipates re-hiring 94 employees within 12 months and 225 employees within four years. Livingston Company, a merchant banking firm, will serve as the principal developer and majority owner of the gray iron foundry. The plant will produce automotive parts including brake drums and rotors.
Equity funds to secure and develop a 103-acre county industrial park east of Warrenton to promote economic development. Infrastructure would involve a 4,100 LF water line extension to an existing pumping station. The wastewater extension would require a 3,700 LF pipe to an existing pump station.
Equity funds tp provide needed water capacity to serve existing industry and enhance regional competitiveness by extending water lines from neighboring McDuffie County.
Equity funds to fund a water and sewer engineering design study for a proposed regional industrial site in Warren County. Six counties, Hancock, Lincoln, Taliaferro, Warren, Glascock, McDuffie will share ownership in the site.