Grant & Loan Awards: Lowndes County
Lowndes County
EDGE Fund: $1,500,000
Awarded: 04/20/2001
Applicant: Valdosta-Lowndes County Industrial Authority
Description:
EDGE funds for the purchase of two closed boat manufacturing facilities. Regal Marine Industries will move into these facilities. Regal will bring 400 jobs and a projected 509 jobs at five years, ending with a projected total of 734 employees by year ten.
Total Budgeted Project Cost: $14,303,500