Grant & Loan Awards: Grady County
Grady County
EDGE Fund: $439,058
Awarded: 08/15/2002
Applicant: Grady County Joint Development Authority
Description:
EDGE funds to be used by the Development Authority to purchase at 36,000 sq. ft. building adjacent to Seminole Marine and subsequently lease purchase the building to the company. Otherwise, Seminole Marine must relocate to a vacant boat manufacturing facility in Tallahassee, Florida. Project will preserve over 60 existing jobs and create 40 new jobs within 24 months.
Total Budgeted Project Cost: $1,124,580