Grant & Loan Awards: Troup County
Troup County
Equity Fund: $500,000
Awarded: 03/07/2025
Applicant: West Point, City of
Description:
Equity funds to assist with the construction of a one million gallon water storage tank to serve Hyundai-owned Mobis Georgia, LLC and Glovis Georgia, LLC. Both companies will serve as suppliers for Kia Motors America. The two facilities will be constructed adjacent to the new Kia plant on the 2,200-acre Webb Road mega-site on the west side of I-85. Mobis will construct a 310,000 square-foot facility that will fabricate chassis, front-ends, bumpers and cockpit modules for Kia. Glovis will construct and operate a consolidation and vehicle processing center where they will be responsible for pre-delivery inspection, cleaning, undercoating, wheel installation and shipping Kia vehicles. By the end of 2010, both companies will have created 1,300 new well-paying jobs that will positively impact a multi-county area and bring new residents to the region.
Total Budgeted Project Cost: $122,987,000