Grant & Loan Awards: Muscogee County
EDGE grant funds of $1,500,000 are awarded to assist with the acquisition of a 350,000 square foot facility within Corporate Ridge Business Park on behalf of NCR Corporation (NCR). The facility manufactures state-of-the-art ATM machines for delivery to its customers in North America. NCR, founded in 1884, as “National Cash Register Company”, is known as the global leader in financial self-service, leading how the world connects, interacts and transacts with business. A Fortune 500 company, NCR moved its corporate headquarters from Dayton, Ohio to Duluth, Georgia and also made the decision to build its U.S. manufacturing facility in Columbus. NCR states that more than 150 employees have already been hired for the initial phase of operations. However, the company expects to create 425 jobs by the end of 2011 and make a private investment of approximately $17.5 million.
Equity funds to assist with the development of a regional comprehensive marketing/tourism plan to effectively position the Hwy 27 corridor and the associated 18 counties as a travel and tourism â€œdestination of choice.â€ The Hwy 27 Association was formed to promote economic development, tourism and the protection of cultural and scenic resources along US Hwy 27, which runs 352 miles along the western portion of the State. The Association's 18 member counties seek to build on their existing tourism industry and develop additional products. The group has provided $52,000 of in-kind work/investment to-date, and they recognize the value of developing key partnerships and alliances. These include working with GA DOT on their plans to four-lane Hwy 27. Add 18 counties
EDGE funds to assist with land acquisition and site preparation costs to expand the AFLAC campus in Columbus. This expansion project spans seven to ten years and includes the construction of three buildings by the company over three phases. The land addition is located in the Corporate Ridge Industrial Park in Columbus. AFLAC, founded in 1955, is a leading underwriter of supplemental health and life insurance policies that cover special conditions, primarily cancer. The company is publicly traded on the New York Stock Exchange and is the third largest provider of insurance products behind MetLife and Prudential. Major markets for AFLAC include North America, Europe, Australia, Asia and Brazil.
EDGE funds to assist with site preparation costs. The Authority has applied on behalf of Road America, a full service wholesale and retail provider of motor club plans. Road America is part of the MAPFRE Group, a mutual insurance conglomerate based in Madrid, Spain. The Company plans to construct a 25,000 SF call center on a 3.73-acre site on Victory Drive in Columbus. This project will create 100 new jobs in the first year and increase to 300 new jobs within four years. Private investment is projected to be approximately $4.2 million. This project is in competition with Florida.
EDGE funds to assist with building acquisition. The Authority has applied on behalf of Plastiques Cellulaires Polyform, Inc. (Polyform or the Company), a privately-held Canadian manufacturer of insulated concrete wall systems. The Company plans to locate a manufacturing facility in an existing building on Cargo Drive in Columbus' Corporate Ridge Industrial Park. This project covers approximately 14.3 acres. This project will create 100 new jobs. Private investment is projected to be at least $10 million and possibly reaching $16 million in three years with a total project cost reaching as high as $16.8 million. This project is in competition with Alabama.
EDGE funds to assist with land and building acquisition for the establishment of a regional headquarters for Waggoners Trucking Company (WTC), the largest non-union trucking company in the U.S. The Waggoners Trucking Company is a family-owned business that specializes in auto transport and transportation services to the oil field industry. WTC, headquartered in Billings, Montana, employs over 1,500 and has a a nationwide fleet of 1,000 auto transporters. As a result of increased automotive industries and their suppliers moving to the Southeast, WTC realized the importance of being in close proximity to its customers. The facility will be located on the former Lummus property on 43 acres, it and will house WTC's Southeastern Regional Headquarters and southeast terminal, recruitment/training center, refurbishing/remanufacturing operations and the national parts distribution center. Columbus is in competition with Birmingham, Alabama. The project will create at least 150 new jobs and up to 300 auto transport jobs within four years.
Equity funds to assist in the construction of a 19,244 SF Columbus Regional Technology Center, a small business incubator focused on technology innovations. Partnering with Columbus State University, the Center, will nurture and assist startup technology companies with high growth potential. The center, with 8 incubator sites, will provide facilities and networking opportunities to startups seeking to establish a market presence in the 7-county Valley Partnership Region (Chattahoochee, Harris, Marion, Muscogee, Stewart, Talbot, Taylor.)