google-site-verification: google5ae98130f18ad244.html

Tuesday, December 18, 2018
Text Size

Effingham / Statesboro News

May 4 - Effingham County Industrial Development Authority awarded Equity Grant by OneGeorgia

Category: Statesboro / Effingham Area News

Savannah Business Journal Staff Report

May 4, 2016 - House Majority Leader Jon Burns (R-Newington), State Representative Bill Hitchens (R-Rincon), and State Senator Jack Hill (R-Reidsville) have announced that the Effingham County Industrial Development Authority was awarded $400,000 in Equity Grant funding from the OneGeorgia Authority to provide water infrastructure to Savannah Cold Storage/PortFresh Logistics.

“We are thrilled to receive these grant funds to further enhance our economic development opportunities in Effingham County,” said Leader Burns. “In addition to creating many new jobs for our citizens over the course of its operation, this state-of-the-art facility will be unique to our region, while also increasing efficiency in refrigerated shipments to the Port of Savannah, giving our county a more competitive advantage within this growing industry.”

The Effingham County Industrial Development Authority was awarded $400,000 in funding through the OneGeorgia Authority Equity Grant program to provide water infrastructure to Savannah Cold Storage/PortFresh Logistics. This 100,000 square foot repacking and cold storage facility will support the Georgia Ports Authority’s initiative to increase refrigerated perishable shipments to the Port of Savannah. The project will create 40 new jobs when it opens in September 2016, and will increase to more than 75 new full time jobs by its fourth year of operation. The Effingham County Development Authority has invested $4,508,657 to date, with the project is generating $13,971,000 in private investment, and a total project cost of $18,880,152.

The OneGeorgia Authority serves as a financial partner to help rural communities maintain quality of life advantages while also creating sustainable and diversified economies. The Equity Fund provides financial assistance that includes grants, loans and any other forms of assistance to finance activities that will aid applicants in promoting the health, welfare, safety, and economic security of the citizens through the development and retention of employment opportunities. Qualifying applicants include local governments and their authorities, joint or multi-county development authorities, lending institutions, and airport authorities.

Representative Bill Hitchens represents the citizens of District 161, which includes portions of Chatham and Effingham counties.

Overall Rating (0)

0 out of 5 stars

Leave your comments

Post comment as a guest

0 / 300 Character restriction
Your text should be in between 10-300 characters
Your comments are subjected to administrator's moderation.
terms and condition.
    • No comments found
    CLICK to SUBSCRIBE and Support Great Journalism!

    Follow Us!


    Komento Activities

    Guest - Maria Johnson Pleming - Commented on Oct. 25 - Department of Biolog... in Joomla Article
    So happy to know the Millen Fish Hatchery will be recognized for the incredible system. Mr uncle Dav...
    Guest - Karin Mcgruder - Commented on June 4 - Foram Group Announces... in Joomla Article
    Are there any updates on this project?and when will the first apartments be available?
    Guest - Hart Williford - Commented on June 28 - Savannah Music Festi... in Joomla Article
    Rob will be missed by the entire Savannah Community, he built the Savannah Music Festival to worldwi...
    Guest - Daryl Stair - Commented on Oct. 16 - Sonesta Resort Hilto... in Joomla Article
    Do you have to be a paying guest to use the Tesla charger?
    Guest - JR Lee - Commented on MPC approves plan for new Walm... in Joomla Article
    Great, another complex to attract Savannah's finest entitlement minded individuals. Another complex ...
    Guest - Jack - Commented on Aug. 23 - Phelps on Politics -... in Joomla Article
    "Goose that laid the golden EYE? You're right, that is hard to argue with.
    Guest - Robin Sherman - Commented on Jan. 4 – COMMENTARY: New Year... in Joomla Article
    Excellent post, Ms. Phelps. Effective government can only occur when the public is informed. Transpa...
    Guest - Tao of Me - Commented on Why is Memorial Hospital Being... in Joomla Article
    They aren't telling Memorial employees anything about this. A recent survey of the facilities by Nic...
    Guest - Genie Brazzeal - Commented on Feb. 24 – Lawyer and former Al... in Joomla Article
    Thank you, Mr. Bordeaux! Bring some honesty to this court. No more winking like I experienced.
    Guest - Karl - Commented on Feb. 25 - Memorial Hospital’s ... in Joomla Article
    Good article. Has a lot of information that is very difficult for "team members"(employees) to find....
    Guest - Susan Worthington - Commented on May 13 – UPDATED 11:39 a.m. HC... in Joomla Article
    In 1953 there was not such a thing as a trauma or neonatal program. The need for Neonatal Services ...
    Guest - Linda Dominy - Commented on June 8 – EDITORIAL: Immediate ... in Joomla Article
    As a clinical team member this makes me sad and it would never happen. We can argue politics all day...
    Guest - Judy - Commented on Savannah’s Title Max Bankruptc... in Joomla Article
    How Tracy Young was allowed to file for bankruptcy or chapter 11 is amazing. Title Max should be ch...
    Guest - Samantha Claar - Commented on Aug. 7 - COMMENTARY: Je suis “... in Joomla Article
    Pertinent questions that deserve real answers. If upper management - appointed and elected - can't ...
    Guest - Ken - Commented on Aug. 6 - Dept. of Labor propos... in Joomla Article
    Is this state or federal?
    Coastal Empire News
    Headquarters: 35 Barnard St., Suite 300, Savannah, GA. 31401.
    Tel: 912-388-4692 | Hours: 8:30 a.m. to 5:00 p.m.