Grant & Loan Awards: Grady County
Grady County
EDGE Fund: $500,000
Awarded: 06/14/2005
Applicant: Grady County Joint Development Authority
Description:
EDGE funds to assist with the construction of a 98,000 SF building addition on a five-acre site adjacent to its existing facility in the Milestone Industrial Park that will manufacture office furniture. The Authority has applied on behalf of MacTavish Furniture Industries, the manufacturing division of Aaron Rents, Inc. This expansion effort is a result of rapid growth. The facility will be owned by the Development Authority and leased to the Company. This project will create 110 new jobs within three years. This project is in competition with Phoenix, Arizona.
Total Budgeted Project Cost: $3,183,770