Grant & Loan Awards: Harris County
Equity grant funds to assist with the extension of South Progress Parkway, creating a complete road system throughout Northwest Harris Business Park. Hoover Universal, Inc., a tier one supplier to Kia, is a current tenant in the Park and is currently undergoing facility expansion. This expansion will create 175 additional new jobs and an additional $12.8 million in private investment. In order to ease traffic controls and ensure transportation safety throughout the park, South Progress Parkway must be extended to join Progress Parkway to create another access to Highway 103. The road extension will improve the delivery of products to the Kia facility, enable existing companies in the park to proceed with expansion plans and assist in enhancing recruitment efforts to bring in new companies to the park.
EDGE grant funds to assist with site preparation to support the location of Hoover Universal, Inc. (HUI), an auto supply manufacturer, to West Point, Harris County. HUI plans to construct a 127,500 square-foot facility on 27 acres in the Northwest Harris Business Park, which is located six miles from the KIA facility. The Company will manufacture interior automotive components, such as seats and door panels, as a Tier 1 supplier to KIA Motors Manufacturing Georgia, Inc. Hoover Universal is a wholly-owned subsidiary of Johnson Controls, Inc. (JCI) which was established in 1883. JCI employs over 140,000 worldwide.
EDGE funds to assist with building construction to support the location of Daehan Solution Georgia, LLC (DSG), a Tier 1 supplier to KIA Motors Manufacturing Georgia, Inc. The company, a manufacturer of interior automotive components, plans to construct a 160,000 square-foot manufacturing facility on 30 acres in the Northwest Harris Business Park in West Point, which is located less than six miles from the KIA facility. Daesol America Corporation (DAC), the US holding company for Daehan Solutions Company Ltd. (DSC), is a leading manufacturer of plastic automotive components and Noise, Vibration and Harshness (NVH) engineering technology. DSC, the parent company, is a South Korean-based company whose major customers include KIA, Hyundai, General Motors, Ssangyong Motors and GM Daewoo. With a history dating back to 1983, DSC has a total of seven plants; five in Korea, one in China and the other in Alabama, which was its first in North America.
Equity funds to assist with the development of a regional comprehensive marketing/tourism plan to effectively position the Hwy 27 corridor and the associated 18 counties as a travel and tourism â€œdestination of choice.â€ The Hwy 27 Association was formed to promote economic development, tourism and the protection of cultural and scenic resources along US Hwy 27, which runs 352 miles along the western portion of the State. The Association's 18 member counties seek to build on their existing tourism industry and develop additional products. The group has provided $52,000 of in-kind work/investment to-date, and they recognize the value of developing key partnerships and alliances. These include working with GA DOT on their plans to four-lane Hwy 27. Add 18 counties
Equity funds to assist with the construction of public water and sewer improvements to the 376-acre Northwest Harris Business Park, located at the intersection of Davidson Road and GA Highway 103 in the northwest corner of Harris County. With the KIA auto assembly plant being constructed less than three miles north in West Point, other manufacturers and suppliers are interested in locating to the park. The park will significantly increase economic opportunity in Harris County and the Valley Partnership Region which consists of Harris, Muscogee, Chattahoochee, Talbot, Marion and Taylor Counties. Neighboring governments of Troup, Meriwether, and Talbot counties, the City of West Point and the Columbus Development Authority have all sanctioned this project, recognizing its potential impact on their constituents. The park is expected to provide strong regional impact.
EDGE funds to assist with road improvements in support of the location of Xpress Materials, LLC, a concrete manufacturer to West Point. The Company has chosen a 47.76-acre site in the new Northwest Harris County Business Park due to its close proximity to the new KIA plant which it intends to serve. Xpress Materials, a subsidiary of the Graham Family of Companies (GFC), is a privately-held company engaged in cement and concrete manufacturing. GFC has a number of other companies and subsidiaries including Graham Brothers Construction Company which was founded by brothers Claude and Carl Graham in 1954. This project is in competition with Chambers County, Alabama.
Equity funds to assist in the construction of a 19,244 SF Columbus Regional Technology Center, a small business incubator focused on technology innovations. Partnering with Columbus State University, the Center, will nurture and assist startup technology companies with high growth potential. The center, with 8 incubator sites, will provide facilities and networking opportunities to startups seeking to establish a market presence in the 7-county Valley Partnership Region (Chattahoochee, Harris, Marion, Muscogee, Stewart, Talbot, Taylor.)