Major economic development in the works (LaGrange, Griffin: construction, authority, manufacturing)

[Airforceguy]

In this Sunday's Scuttlebiz section, Damon Cline says that the Augusta Economic Development Authority is working on issuing a $100 million industrial revenue bond. I would imagine for a revenue bind that big, the number of jobs being created would have to be close to 1,000. I wonder who it could be.

BUT EVEN MORE JOBS ARE ON THE WAY: So far this year, the big industrial announcements have included Textron Specialized Vehicles’ $40 million, 400-job plan to expand at the idled Procter & Gamble plant down the road from Textron’s Marvin Griffin Road facility.
There also was a commitment from an Australian concrete additives company, EdenCrete Industries, to build a $67 million, 250-employee facility at Augusta Corporate Park.
The next announcement could crop up as early as next month as economic developers put the final touches on a $100 million industrial revenue bond issue. Corporate identities are, obviously, not disclosed until the bond deal gets final approval. But just the size of the bond is enough to raise eyebrows.
To put the size of the potential deal into perspective, the value of the incentive packages for Textron and EdenCrete were about $20 million and $25 million, respectively.
If this $100 million investment blooms in Augusta, fall will be off to a sweet start.

Manufacturing industry in Georgia needs confidence | The Augusta Chronicle

[Georgiadog]

saw that in the paper does anybody know what this is?nortonguy?

[Airforceguy]

The project is being dubbed "Project Flower"....

Then there’s the $100 million industrial revenue bond deal the Richmond County Development Authority is working with a yet-to-be-named company. The official announcement of the deal, dubbed “Project Flower,” could happen very soon.

Scuttlebiz: Will Trump hurt or help local economy? | The Augusta Chronicle

[Airforceguy]

Nortonguy, have you heard any rumors of what this may be?

[Airforceguy]

Update...

Last year, consultants at a Development Authority of Columbia County luncheon specifically mentioned “food and beverage” companies as heavily scouting the metro area. For several months now, the Development Authority of Richmond County has had a $100 million industrial revenue bond deal for a company confidentially dubbed “Project Flower.” Authority officials have intimated that an announcement is coming soon.

I’m not speculating the industry is food-related (Project Flour?), but I wouldn’t be surprised if it was.

The last time a “greenfield” project hit Richmond County was 2012. That was the year Starbucks (that was “Project Skywalker” by the way) began construction on its VIA beverage plant. That was the same year work started at the on-again off-again color additives facility that eventually became Huntsman Pigments. Last year concrete additive maker EdenCrete said it would build a $70 million, 250-employee plant at the Augusta Corporate Park, but construction has not yet begun.

But don’t think economic developers are sitting on their duffs. There are a couple dozen active projects at any given time. The downside of the business is they only get points for projects that pan out.

Richmond County, for example, spent more than a year and a half working a case called “Silent Noise.” That project turned out to be out to be Sentury Tire, which settled on LaGrange, Ga., for its $530 million plant. The Chinese tire maker is expected to create up to 1,000 jobs.

Scuttlebiz: GMC also plays part in cyber education | The Augusta Chronicle

[Georgiadog]

Anybody know what this could be?nortonguy?

[luke2401]

Originally Posted by Georgiadog

Anybody know what this could be?nortonguy?

Nortonguy...haven't heard from him in months. I Hope he is doing well

[AUGnative]

Originally Posted by luke2401

Nortonguy...haven't heard from him in months. I Hope he is doing well

I also noticed he no longer posts on the Augusta Chronicle comments and his Facebook page has not been updated in nearly a month. So go figure.