Grant & Loan Awards: Spalding County
EDGE funds to assist with the purchase of machinery and equipment for a new product line in support of Caterpillar’s manufacturing facility expansion. Caterpillar has been in existence for over 80 years and is the world’s largest maker of construction and mining equipment, diesel and natural gas engines and industrial gas turbines. The proposed expansion will take place at the company’s Griffin manufacturing facility which has been in operation since 1999 and is one of the County’s largest employers.
EDGE funds to assist with the acquisition of 30 acres of land in the Hudson Industrial Park in Griffin for the location of Sumika Polymer Compounds America, Inc. (SPCA). SPCA, a joint venture of two Japanese based companies, Sumitomo Chemical Company (SCC) and Toyo Ink International Corporation (TI), will construct a 90,000 SF facility to manufacture polypropylene compounds for use in the automotive industry as bumpers and other components. SCC is a manufacturer of polypropylene compounds and has an existing operation in Houston, Texas that it operates in partnership with Chevron Phillips Chemical Company. TIâ€™s specialty is coloring technology. Both companies have a combined two centuries of business experience. This project will create 50 new jobs and $30 million in private investment within two years. Georgia was in competition with Tennessee, Alabama and Arkansas.
EDGE funds to assist with the purchase of a paint system for a new small engine facility located in a 360-acre industrial park off of GA Hwy 16. Perkins Shibaura Engines, LLC (PSE) is a new joint venture between Perkins Engines (a Caterpillar Company) - 70% owner and Ishikawajima Shibaura Machinery Ltd, a Japanese company - 30% owner. The facility contains 55,000 SF and is located at 325 Green Valley Road. PSE will manufacture the 400 series engines in addition to the Caterpillar 3011C-3024CT family of engines. Griffin, Spalding County is in competition with Charlotte, North Carolina. The project will create 100 new jobs.