Grant & Loan Awards: Toombs County
Toombs County
EDGE Fund: $340,000
Awarded: 01/14/2003
Applicant: Toombs County Development Authority
Description:
EDGE funds for improvement costs (including road improvements and sidewalks) and communication infrastructure costs to a 60,000 square foot speculative building owned by the Toombs County Development Authority to be occupied by American Standard Companies, Inc./The Trane Company. Trane will lease-purchase the speculative building from the Toombs County Development Authority creating 67 full-time jobs within the first three years and 100 after ten years in addition to its existing 529 jobs.
Total Budgeted Project Cost: $3,806,000