Grant & Loan Awards: Wayne County
Equity grant funds to assist with the construction of an entryway road into the new US 341 Regional Industrial Park to increase the prospects of attracting industry to the region. Wayne County is located in southeast Georgia approximately 20 miles west of Interstate 95 and is also served by Norfolk Southern and CSX rail lines. The Park is strategically located on US Hwy 341, yet lacks the infrastructure needed to attract business. Dirt roads currently provide limited access to areas of the Park and are only suitable for SUV type vehicles, preferably with four-wheel drive capacity as the roads become extremely hazardous and, in some areas, impassable during wet conditions. The project includes construction of a deceleration lane, drainage, railroad signals and approximately 250 LF of roadway from the entrance into the park. The county’s current unemployment rate is 12% and a vital part of attracting new industry lies in creating infrastructure access to the 450-acre Park. Once a prospect is secured and committed, the IDA will move forward to obtain funding for the total build-out of the access road and water and sewer infrastructure. With Altamaha Technical College’s main campus located in Jesup, Wayne County and the region boast a large and well-educated workforce ready for employment.
Equity funds to construct a 12,600 linear foot railroad passing siding alongside the 182-mile Norfolk Southern (NS) Macon to Brunswick line. To be known as the Wayne County Passing Siding, it will be constructed near Odum in Wayne County. The passing siding is needed to increase the capacity and efficiency of the Macon to Brunswick line to support the Brunswick Port and economic development opportunities in all of the counties in the region connected to the NS line. The siding, which will be constructed parallel to the existing NS through-line, will allow one train to pass another, thus increasing the number of trains using this line. The project will increase grain export capacity and efficiency to support the Brunswick Port and economic development opportunities in the Region. Total project cost includes a USDA loan of $1,040,000, Joint Development Authority commitment of $1,108,634 and Georgia Department of Transportation commitment of $1,050,000.
EDGE funds to assist in construction of a 200,000 square foot facility for the manufacture of pressure treated products. The Authority has applied on behalf of Great Southern Wood Preserving, Inc., the nationâ€™s second largest manufacturer of pressure-treated lumber, for Infrastructure Improvements to approximately 60 acres of Wayne County Industrial Park owned by the Wayne County Development Authority. This project will retain 69 jobs and create 20 new jobs within within two years. This project is in competition with South Carolina, Alabama and Florida.
Equity funds for the construction on a new 5,000 SF terminal building for the William A. Zorn Airport in Wayne County.
Equity funds for extension of city sewer lines to serve developing commercial/industrial area. Sewer lines will serve two facilities presently under development and a potential 2002 industrial expansion. Project is expected to create 150 to 200 jobs.