A Decade of Investments 2000-2010
Transcription
A Decade of Investments 2000-2010
OneGeorgia From the Executive Director We have passed the first major milestone of the OneGeorgia Authority and the Master Tobacco Settlement – the end of the first decade of a 25-year stream of payments. Through enabling legislation and policy decision, the OneGeorgia Authority was created to “Bridge the Economic Divide” between the urban and rural areas of the state. We are not there yet but we are beginning to bridge the gap – to create “OneGeorgia”. We cannot fully calculate our final return on investment, though we can point to the creation of over 40,000 jobs in rural areas and the commitment for an additional 8,000 jobs. Many of our investments will bear fruit into the future – creating jobs and Nancy C. Cobb Executive Director private investment for the next generation. Now, OneGeorgia’s eye is on the future. We are focusing on an increasingly global economy and on policies and programs that will ensure Georgia’s rural economy remains sustainable, robust and the place where our bright, young stars can stay to take over the family business, find a quality job and to live out their dreams…whatever those dreams may be! Governing Board Governor Sonny Perdue Chairman www.gov.georgia.gov Lt. Governor Casey Cagle Vice Chairman www.ltgov.georgia.gov Director Debbie Dlugolenski OPB, Secretary www.opb.georgia.gov Commissioner Mike Beatty Dept. of Community Affairs www.dca.ga.gov Commissioner Bart L. Graham Department of Revenue www.dor.georgia.gov Commissioner Heidi Green Dept. of Economic Development www.georgia.org Overview Committee 2 Rep. Ed Rynders Chairman Sen. George Hooks Sen. Greg Goggans Rep. Butch Parrish The OneGeorgia Authority The mission of the OneGeorgia Authority is to provide financial resources to support projects and activities in Georgia’s economically distressed rural areas, thereby serving as a catalyst to spur the creation of new jobs and private investment. OneGeorgia encourages collaborative partnerships and sustainable economic development strategies to achieve the goal of bridging Georgia’s economic divide. Utilizing one-third of Georgia’s share of the Tobacco Master Settlement Agreement to assist the state’s most economically challenged areas, the OneGeorgia Authority continues the challenge of changing the state’s rural economic development landscape by assisting Georgia’s poorest and least developed rural areas in reaching economic parity with other parts of the state. Economic vitality in rural Georgia is the singular goal of the OneGeorgia Authority – and we have the tools to make it happen. From land acquisition, infrastructure development, airport enhancements and broadband creation to machinery purchases, business relocation assistance and entrepreneurial support, OneGeorgia provides grants and loans for these economic activities to qualified applicants. OneGeorgia’s task is to serve as a financial partner and catalyst in helping our rural communities maintain excellent quality of life advantages while also creating sustainable and diversified economies. Local governments, local government authorities, joint or multi-county development authorities, lending institutions and airport authorities are qualified applicants. Program Milestones 2007 • The Equity Fund regulations were revised to encourage regional partnerships by providing a grant or loan award of up to $1 million for multi-county, revenue-cost sharing projects. • The first regional Entrepreneur Friendly Implementation Grant of $10,000 was awarded to Tri-CREST (Montgomery, Toombs and Tattnall Counties). • The first broadband infrastructure grant under the BRIDGE program, a $2.7 million grant to construct a wireless broadband system across five Southwest Georgia counties (Baker, Calhoun, Early, Miller and Mitchell,) was awarded to the South Georgia Regional Information Technology Authority. 2008 • The ESB Loan Guarantee Fund regulations were revised to allow for businesses in conditionally eligible counties to participate. • The first $1Million Equity grant was awarded to the JDA of Jasper, Morgan, Newton and Walton Counties to support road infrastructure into the 1,500-acre technology park, Stanton Springs. • The Centers of Innovation program becomes an integral part of the Georgia Department of Economic Development in order to maximize resources, research and economic development opportunities. 2009 • OneGeorgia Website redesign includes interactive map features showing all awards by county. • Vice President Biden comes to Dawsonville to announce a $33 million NTIA grant to the North Georgia Network for the build-out of a 260-mile loop through eight counties in North Georgia. Critical to the award was the commitment of a $2.5 million BRIDGE grant. • OneGeorgia Authority begins partnership with Georgia Tech Enterprise Innovation Institute and the University of Georgia Small Business Development Center to deliver expanded resources and services to entrepreneurs and small businesses in rural Georgia. 2010 • After successful completion of funding Regional E 9-1-1 centers across 28 counties, OneGeorgia’s joint venture with GEMA ends. • OneGeorgia begins a pilot project partnership with the Technical College System of Georgia to award 30 high schools a grant of up to $10,000 to support both community-based broadcast media via the internet and training opportunities for high school students in rural Georgia. • The OneGeorgia Authority celebrates ten years of operations and investments in rural Georgia. 3 OneGeorgia OneGeorgia Authority Eligibility Map: 2010 Applicants: Applicants are cities, counties, government authorities and multi-county or multijurisdictional development authorities. Eligible: OneGeorgia recognizes those counties as directly eligible for OneGeorgia assistance that meet the definition of “a county that is located outside the boundaries of a metropolitan area with a population of 50,000 or less and with a poverty rate of 10% or greater.” Conditionally Eligible: Counties with a population of less than 500,000 that share a border with a directly eligible rural county are designated as conditionally eligible. Conditionally eligible counties are recognized as having the opportunity to be important collaborative partners to adjacent rural counties by maximizing regional strengths and minimizing weaknesses. These collaborative efforts can support mutually beneficial goals for the region and are meant to support a large, regional economic development project when it is most economically feasible for a directly eligible rural county to partner in a regional application with a conditionally eligible county to achieve sustainable and quantifiable positive economic and public benefit. Not Eligible: Counties with a population greater than 500,000 are not eligible for OneGeorgia funds, but continue to be eligible for other state and federal community and economic development programs. 4 www.onegeorgia.org Programs The EDGE (Economic Development, Growth and Expansion) Fund, a specialized incentive tool, is used to enhance Georgia’s competitiveness in attracting significant economic development projects. It is a program providing “deal-closing” funds when one rural Georgia community competes for a business location or expansion with another state or country. The Equity Fund provides a program of financial assistance through the form of grants and loans to eligible rural communities to help build water, sewer, road and rail capacity and the necessary infrastructure for economic development. This “one-size-doesn’t-fit-all” fund is OneGeorgia’s most flexible community and economic development financing tool. In carrying out the purposes of the Equity Program, proposals that invoke cooperation, collaboration and regional partnerships between local governments and public and private-sector partners shall always receive the greatest consideration for assistance. The ESB (Entrepreneur & Small Business Development Loan Guarantee) Fund forms a public-private partnership by providing loan guarantees for entrepreneurs and small business development in Georgia’s at-risk areas by partnering with accredited Georgia financial institutions to facilitate growth with shared risk. The OneGeorgia Authority and accredited Georgia financial institutions will provide entrepreneurs and small business owners with access to loans ranging from $35,000 up to $250,000 at competitive interest rates. This unique public-private partnership allows any accredited financial institution in Georgia access to these shared-risk loan funds. The BRIDGE (Broadband Rural Initiative to Develop Georgia’s Economy) Fund provides financial assistance to support the development of new or high speed broadband in rural areas of Georgia. The amount of the grants for publicly-owned infrastructure is based on the number of rural counties receiving new or enhanced high speed broadband services. Based on need, funding is also available to cover all or a portion of costs for technical assistance. Funding amounts are up to $200,000 for a single county and $400,000 for two counties. Regional projects serving three or more counties, one being a directly eligible county, do not have a maximum as based on the strategy and sustainability of the project. The AIRGeorgia (Airport Initiative in Rural Georgia) Fund provides grants and loans to integrate critical airport infrastructure improvements at Level I and Level II publicly-owned rural airports. The AIRGeorgia Fund will accelerate a number of projects including runway extensions, installation of navigational aids, weather reporting stations and other projects deemed necessary to increase accessibility of Georgia’s rural airports and communities. The AIRGeorgia Fund is intended to assist economic development to rural areas by placing every Georgian within a 30-minute drive of an airport capable of serving 85% of the corporate aircraft flying today. *To determine eligibility of a county, demographic factors are calculated annually using the most recent population, poverty and income estimates. www.onegeorgia.org 5 6 EDGE Rockmart Development Authority meggitt usa, inc. (formerly engineered fabrics corporation) Meggitt USA, Inc. is an aircraft equipment manufacturer located in Rockmart, Polk County. The company is a subsidiary of Meggitt, PLC, a global engineering group specializing in extreme environment components and smart sub-systems for aerospace, defense and energy markets. Some 7,500 people are employed across manufacturing facilities in Asia, Europe and North America and regional bases in India and the Middle East. Following the award of a U.S. Department of Defense contract totaling $37.6 million, the company began to consider the most efficient location among sister companies for the production of fuel cells for military aircraft. The Rockmart location, already a key manufacturer in the region with 670 employees, was chosen for the expansion rather than in Alabama or Florida. In May 2008, the Rockmart Development Authority was awarded $200,000 in OneGeorgia EDGE grant funds to assist with the building construction costs. The expansion supports production lines for de-icing equipment and helicopter interior upholstery manufacturing allowing for the necessary space in the main facility for the increase in fuel cell production. The expansion has had a regional impact by attracting employees from five northwest Georgia counties into the Polk County labor market. The project retained 670 employees and projected the creation of 200 new jobs. The 66,000 sq. ft. expansion has taken the Rockmart facility to 722,000 sq. ft. of production and manufacturing space. Meggitt-Rockmart has almost doubled its new job creation estimates. There are currently 374 new jobs as well as the 670 retained. Meggitt-Rockmart has also been awarded a US Air Force follow-on contract for additional fuel tanks. The contract is expected to take five years to fulfill. EDGE Grant: $200,000 Private Invest: $6.6 Million Project Cost: $6.8 Million Job Retention: 670 Jobs Projected: 200 Jobs Created: 374 Total Jobs: 1,044 “Meggitt is truly a bright spot for our region. They continue to create jobs and provide opportunity. With over 1,000 jobs, Meggitt is now the largest employer in Polk County. Through the help of OneGeorgia we retained and expanded an excellent industry and community partner.” – Eric McDonald Polk County Chamber of Commerce www.onegeorgia.org 7 EDGE Quitman County Development Authority d&j plastics D&J Plastics, owned and operated by Dennis Montgomery since1997, is Quitman County’s only manufacturer, exporter and largest private employer. Using only the latest technology, D&J, in Georgetown, manufactures hard and soft plastic fishing lures using salts and scents. In 2007, D&J partnered with an Alabama company to develop biodegradable fishing lure material to be distributed solely by D&J Plastics under the brand name of Big Bite Baits. This partnership required increased manufacturing space. Without the EDGE grant, this expansion could have been lost to Alabama. In May 2008, the Quitman County Development Authority was awarded a $200,000 EDGE grant to assist with construction costs associated with the expansion, a 70x100x30 foot metal building with a mezzanine for 14,000 sq. ft. of space to accommodate the company’s new product line and inventory management system. D&J specializes in the manufacturing of plastic worms, grubs, frogs, lizards, shads, minnows, and many other designs in bulk for fishing retailers. Currently over 35 in-house lures are made in Quitman with more in development every day. EDGE Grant: $200,000 Project Cost: $656,000 Job Retention: 57 Jobs Projected: 20 Jobs Created: 22 Total Jobs: 77 “In rural Georgia it is difficult getting financing for small businesses. OneGeorgia gives small towns the ability to help businesses grow and employ folks at home so they don’t have to drive long distances or move to a city to make a living.” – Dennis Montgomery, President D&J Plastics 8 www.onegeorgia.org Douglas-Coffee County Industrial Authority premium waters, inc. Established in 1994, Premium Waters is one of the largest bottled water companies in the Midwest region. Its parent company is a family-owned business dating back 130 years. Premium Waters bottles and sells water to the commercial, residential and retail markets including both branded and private label water products. To serve the southern thirst, Premium Waters opened the Douglas plant to service Georgia, Florida, Alabama, Louisiana, South Carolina, North Carolina and Virginia with bottled spring water from their spring site in Abbeville, Georgia. In April 2008, the Douglas-Coffee County Development Authority was awarded $500,000 in OneGeorgia EDGE grant funds to assist with the building acquisition for the location of Premium Waters. Located on a 56-acre site, Premium Waters leased a 102,000 sq. ft. speculative building that was built with OneGeorgia Equity funds in 2002. The company constructed a 98,000 sq. ft. expansion to this building for a production facility totaling 200,000 sq. ft. EDGE Grant: $500,000 Private Invest: $40 Million Project Cost: $40.5 Million Jobs Projected: 100 Jobs Created: 104 “We are glad our community is contributing to the beverage growth by serving as the home for a Premium Waters Production and Distribution Center. Without assistance from the OneGeorgia Authority, this partnership would not have been possible.” – JoAnne Lewis, President/Executive Director Douglas Chamber of Commerce/Economic Development Authority www.onegeorgia.org 9 EDGE Development Authority of Richmond County t-mobile usa T-Mobile USA, a mobile communications company, is one of the top four carriers in the U.S. followed by AT&T, Verizon Wireless and Sprint Nextel. The Company’s U.S. operation, T-Mobile USA, Inc., serves over 27 million mobile customers and employs over 29,000 employees. In December 2007, the Development Authority of Richmond County was awarded $1,500,000 in OneGeorgia EDGE grant funds to purchase machinery and equipment in support of the 78,000 sq. ft. T-Mobile customer-care facility in Augusta. T-Mobile has 747 full-time associates who enjoy higher than average salaries and amenities including a fitness center with shower area, sales offices for employees, vending machines, cafeteria, multimedia room with xbox and wii, movies, pool table, quiet room, mother’s nursing room, patio area and cyber café that employees may use when on break. EDGE Grant: $1.5 Million Private Invest: $23.5 Million Project Cost: $25 Million Jobs Projected: 700 Jobs Created: 747 “OneGeorgia played an important role in the location of T-Mobile to Augusta. The financial assistance for the development of the site was crucial, and OneGeorgia gave us the assistance we needed. Thanks to OneGeorgia, more than 750 Augustans are working at this outstanding T-Mobile facility.” – Walter C. Sprouse, Jr., CEcD, CCE, FM, Executive Director Development Authority of Richmond County 10 www.onegeorgia.org Development Authority of the City of Jeffersonville and Twiggs County academy sports + outdoors Academy Sports + Outdoors is one of the nation’s largest sporting goods retailers, operating 95 stores in the southeastern U.S. with 9,000 sales associates. They currently have one distribution center in Katy, Texas, and retail stores in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee and Texas. In October 2007, the Development Authority of the City of Jeffersonville and Twiggs County was awarded $1,580,000 in OneGeorgia EDGE grant funds to assist with land acquisition and public infrastructure to locate a sporting goods distribution center in Twiggs County for Academy Sport + Outdoors. Academy has constructed a 750,000 sq. ft. distribution center on a 150-acre site in the new Twiggs County Industrial Park. Academy projected 250 new full-time permanent jobs, but had already created 451 jobs by the end of the second full year of operation. EDGE Grant: $1.6 Million Private Invest: $70 Million Project Cost: $73.2 Million Jobs Projected: 250 Jobs Created: 451 “Academy Sports + Outdoors’ distribution center has brought renewed economic enthusiasm, more than 450 new jobs, and the added benefit of subsidiary businesses. Their team has already made a difference in our local vitality and we look forward to partnering with them for years to come.” – Judy Sherling, Director Economic Development for Twiggs County www.onegeorgia.org 11 12 EQUITY Clay County sutton’s corner, frontier country store museum In November 2007, Clay County was awarded $320,700 in OneGeorgia Equity grant funds for acquisition and stabilization of the privately-owned Sutton’s Corner, Frontier Country Store Museum in the City of Fort Gaines. The museum owner, curator, historian, artistic arranger, designer, historical re-creator and object sculptor was in problematic health and made the probability of loss a real danger to the collection. The Museum had attracted many serious offers of purchase and relocation from interested parties such as the Smithsonian Institution, as well as from museums across Georgia, America and Europe. Originally located on the edge of a plantation, this ancient frontier store complex has been recovered and moved to a very visible corner location. The museum houses the collection of what a rural, agrarian, hand-made heritage really means. From the 1840’s through 1927, the Sutton Country Store was an intimate and functional part of the social and economic lives of its customers. It was the hub of the local universe — market place, banking and credit source, recreation center, Equity Grant: $320,700 public forum and news exchange. Project Cost: $509,437 The museum, operated by the Fort Gaines Historical Society, has welcomed visitors from 34 states and six foreign countries. Day travelers passing through town often eat at the local Lake W.F. George on their way out of town. Overnight travelers will usually have as a destination the George T. Bagby State Park and will stay longer in the Museum. This slows the visitor to a pace where they will more than likely find something to buy while in town. The economic impact of this overnight guest is estimated to be approximately $145 per night stay. Since the opening, the Museum has served as a gathering place for local townspeople and a welcoming place for out of town guests and visitors. “Our visitation has steadily increased over the last year and a half and we are recruiting new restaurants and gift shops to Ft. Gaines. A new Phenomenon Hiking and Biking Trail is underway and will be a natural link to the Museum. We cannot express our appreciation enough to OneGeorgia for making this happen.” – Spencer Mueller, County Administrator Clay County Board of Commissioners www.onegeorgia.org 13 EQUITY Joint Development Authority of Jeff Davis County mcpherson manufacturing corporation McPherson Manufacturing Corporation is a familyowned die cut and stamped parts fabricator. Since 1979 the company has specialized in die cut electrical insulation and contract assembly, making electronic controls for the HVAC industry and providing die cut parts for Original Equipment Manufactures. In June 2007, the Joint Development Authority of Jeff Davis County, Hazlehurst and Denton was awarded $500,000 in OneGeorgia Equity loan funds to assist with the acquisition of an industrial/commercial building to support the relocation and expansion of McPherson Manufacturing. McPherson moved their existing operation into one of the buildings located within an 11-acre industrial site in Hazelhurst owned by the Joint Development Authority, thus revitalizing a site that had been vacant several years. The building acquisition and construction are complete. McPherson has increased its projections of jobs by fifty percent by creating 150 new jobs and more than doubled its expected private investment. Equity Loan: $500,000 Project Cost: $3.2 Million Job Retention: 15 Jobs Projected: 100 Jobs Created: 150 “McPherson Manufacturing Corporation is a valuable contributor to the economic productivity of our community and continues to seek growth opportunities while providing jobs for the local area.” – Keith Carter, Executive Director Joint Development Authority of Jeff Davis County, Hazlehurst and Denton 14 www.onegeorgia.org Southeast Georgia Joint Development Authority colonel’s island terminal Facing the loss of automobile and grain export business due to long transit times to and through the Colonel’s Island Port in Brunswick, the Southeast Georgia JDA (Brantley, Camden, Charlton, Glynn, McIntosh and Wayne counties) agreed to build a railroad track to connect Norfolk Southern’s main line to the CSX track en-route to the Port. In March 2006, the Southeast Georgia Joint Development Authority was awarded $500,000 in OneGeorgia Equity loan funds to purchase land needed for a rail connection between Norfolk Southern and CSX Transportation rail lines, shortening the time to move cargo to and from the Colonel’s Island Terminal from the Norfolk Southern line. As a result, Mercedes-Benz doubled the transport of export automobiles per year and moved their import facility from Jacksonville to Colonel’s Island, adding another 50 new jobs and a $10,000,000 capital investment. The rail improvements have greatly enhanced the competitiveness of the Port of Brunswick versus other Southeastern cities, which has had a state-wide impact as more goods and services are processed through the State of Georgia. Equity Loan: $500,000 Project Cost: $64.1 Million Jobs Projected: 58 Jobs Created: 75 “The new Connecting Track made it possible for Mercedes-Benz to double its auto exports through Colonel’s Island and to relocate its imports from Jacksonville. It also allowed Norfolk Southern to use “unit trains” which doubled the amount of grain (or number of automobiles) on one train, reducing travel time by over 300%.” – Phillip E. Overton, Project Director Colonel’s Island Terminal www.onegeorgia.org 15 EQUITY Development Authority of Early County white oak pastures, inc. A fifth generation family-owned, certified organic, grass-fed beef producer was in need of an on-farm facility designed to process beef according to rigorous humane animal treatment standards that would also minimize environmental impact. In 2007, the Development Authority of Early County was awarded $461,865 in OneGeorgia Equity loan funds to assist White Oak Pastures with the construction of an on-farm, state-of-the-art, zero-waste 5,329 sq. ft. facility as well as specialized machinery and equipment. According to President, Will Harris, “Our cattle are raised without hormones, antibiotics or non-natural feedstuffs and are allowed to roam our pastures and graze freely on sweet native grasses all of their lives.” Georgia’s largest and leading grass-fed beef producer, selling over 200,000 pounds of beef a month, is now diversifying and growing their business by raising and selling free range chickens and turkeys. White Oak Pastures’ products are available in retail grocery stores, at the farm store and online. Equity Loan: $461,865 Project Cost: $2.4 Million Jobs Projected: 12 Jobs Created: 30 “White Oak Pastures began as a dream and has become a huge economic boost to Early County and the surrounding area. With thirty employees, they have become one of the largest privately-owned employers with an annual payroll in excess of $1 million. Early County thanks White Oak Pastures and the OneGeorgia Authority for this economic boost.” – Olin Thompson, Chairman Early County Development Authority 16 www.onegeorgia.org Baldwin County airport terminal The Baldwin County Airport’s existing 1,280 sq. ft. terminal constructed in 1958 was outdated, too small and in violation of FAA regulations by being located too close to the runway. With the appeal of Lake Sinclair with its more than 15,000 acres and Milledgeville’s historic downtown as well as three colleges to attract residents and visitors, a new gateway to the area was a necessity. In November 2007, OneGeorgia awarded a $353,954 grant to Baldwin County to assist with construction of a new 2,500 sq. ft. terminal at Baldwin County’s Level III airport. Over the last five years $2.5 million has been invested in airport infrastructure improvements including installation of AWOS, relocation of power lines in approach, runway extension, rehabilitation of Apron, Taxiway and runways. The new terminal has a flight plan room, pilot waiting and training areas and a corporate meeting room, all of which will help the County and the large surrounding regional area recruit prospects and encourage greater economic development activity. Equity Grant: $353,954 Project Cost: $2.4 Million “The Development Authority recognized the importance of an updated facility with state-of-the-art technology. Our terminal provides a great first impression, and we are fortunate OneGeorgia recognized this and enhanced one of our community’s economic development assets.” – Angie Gheesling, Executive Director, Milledgeville/Baldwin County Development Authority www.onegeorgia.org 17 18 ESB LOAN GUARANTEE United National Bank gilliard’s store In 1945 Marion and Thelma Gilliard opened a small country store on highway 93 between Pelham and Cairo in Mitchell County. During the next half century, Gilliard’s store evolved with the needs of its customers from a full grocery store to a specialty sausage and meat market. With the eventual retirement of Marion and Thelma, the children, Kermit Gilliard, Jr., and Dinah Gilliard Bond, chose to purchase the store and continue the business as a full-scale specialty meat market, complete with internet sales. In May 2007, the OneGeorgia Authority awarded Gilliard’s Store, through United National Bank of Cairo, an ESB Loan Guarantee of $112,500 to purchase and re-establish their family’s country meats and retail business. The Gilliard family has kept its homegrown roots while keeping up with current technological trends in business as well as contributing to their community. To assist the small community in raising funds for the volunteer fire department, Gilliard’s Store organizes a free, public annual event known as Gilliard’s Music Day, attracting close to 5,000 visitors. The day-long event features arts, crafts and food vendors, local bands and other musical tributes. ESB Loan: $112,500 Project Cost: $359,000 Jobs Projected: 2 Jobs Created: 3 “United National Bank credits the OneGeorgia ESB program as a benefit to small businesses in Southwest Georgia. Without the OneGeorgia program we would have been unable to close 8 loans to small businesses totaling $1,544,603 which created over 20 new jobs.” – Todd Harrell, Senior Lending Officer United Nations Bank www.onegeorgia.org 19 ESB LOAN GUARANTEE FNB South hydraulic.net, llc. Hydraulic.Net LLC, a manufacturing company started in 1997 in Culpepper, Virginia, purchased a building in Folkston in order to relocate. At the time, their manufacturing was done in China, but the company has since changed their business model and now manufactures custom engineered hydraulic gear pumps and piston pumps in the Folkston plant. Founded as a fluid and power sales and service company, they realized early on that special application pumps were often available in large quantities with very expensive tooling costs. The goal was to find new techniques to produce more affordable products. In January 2008, the OneGeorgia Authority awarded Hydraulic.Net an ESB Loan Guarantee of $112,500 through FNB South of Alma, for working capital and assistance in operational set-up in the new location. Hydraulic.Net specializes in developing and utilizing new manufacturing techniques such as flexible, specialized machining fixtures and multi-use casting patterns, reducing lead times and ensuring maintenance of inventory levels. ESB Loan: $112,500 Project Cost: $225,000 Jobs Projected: 18 Jobs Created: 20 “The OneGeorgia ESB loan guarantee allowed our bank to provide a working capital line for Hydraulic.Net, without which we would not have been able to purchase and remodel an existing building. With our help and that of OneGeorgia, Hydraulic.Net has created more than 20 jobs in Folkston.” – Jon Lott, Executive Vice President FNB Bank 20 www.onegeorgia.org Pinnacle Bank waste away services In June 2006, an ESB loan guarantee totaling $15,750 was made to Pinnacle Bank in Elberton for the purpose of supporting the start-up of Waste Away Services, LLC, a residential trash company providing trash pickup services for city and county residents. Brothers Edgar and Zeb Worley of Elberton, who started the business with a pre-owned garbage truck and containers, used the original loan guarantee to purchase residential trash containers for 300 customers as well as hiring one employee. Waste Away, LLC eagerly expanded the business and more than doubled their customers in one year. The company has since added commercial dumpsters and portable restrooms to its services. Through a second loan guarantee in 2010, they added residential and commercial containers, a container delivery truck and an additional garbage truck. Waste Away continues to expand operations by serving more than 1,800 customers in three counties. ESB Loan: $80,000 Project Cost: $160,000 Jobs Projected: 1 Jobs Created: 6 “Small businesses such as Waste Away make a substantial impact in our communities. As a lender, it’s great to be able to partner with the OneGeorgia Authority to help small business owners obtain the financing they need to get started or expand. Pinnacle Bank is proud to be part of the progress.” – Robert M. Chandler, Business Banker Pinnacle Bank, Elberton www.onegeorgia.org 21 22 BRIDGE Baker, Calhoun, Early, Miller and Mitchell Counties south georgia regional information technology authority In July 2006 and November 2007, OneGeorgia awarded BRIDGE grants totaling $2,788,600 to the City of Arlington and the subsequently formed South Georgia Regional Information Technology Authority (SGRITA). The purpose of the grant was to assess the technology needs and construct wireless broadband infrastructure in order to provide service to five southwest Georgia counties: Baker, Calhoun, Early, Miller and Mitchell. SGRITA successfully completed the construction of a 188-mile licensed wireless broadband backhaul network loop across the five counties, connecting four of the area school systems and local commercial and governmental clients. The backbone of these rural counties is agriculture and nature-based tourism, with wireless broadband providing an opportunity to support the economy while protecting valuable resources. Additionally, the project supports a system which allows farmers to implement precision agricultural practices, thereby increasing profits, preserving natural resources and decreasing chemical and water usage. SGRITA has completed the installation of seventeen towers to build a wireless broadband backbone super beltway around the under-served 5 county area. Nine smaller towers were installed at 9 of the 12 school facilities that have joined the SGRITA Wireless Broadband Community. All network equipment has been installed and the Internet connection is in place at the SGRITA Network Operations Center (NOC) in Camilla. This Internet connection is circulating the 188 mile super fast broadband backbone ring. All school children are online in the under-served areas. SGRITA is investigating various equipment manufacturers for the “Fixed Wireless” phase of the project. Once the right equipment is found, this will be installed on the 17 backbone tower locations so that SGRITA can begin to service the farms, families and businesses in the underserved areas. With Fixed Wireless installations, there is equipment on the tower that broadcasts to the home. To receive service, proprietary equipment must be installed at the home and connected to the consumer’s computer or wireless router. In August 2010 SGRITA was awarded a loan and matching grant package for a total project valued at $14.4 through the USDA as part of the American Recovery and Reinvestment Act Broadband Infrastructure Program. This project includes major fiber construction into the region plus last mile licensed 700MHz 4G wireless deployment to remote rural homes, businesses and farms. Approximately 53,000 people stand to benefit, as do roughly 2,272 businesses and 246 community institutions. In addition to the jobs this project will support up front, it will provide a foundation for economic growth and job creation for decades to come. www.onegeorgia.org BRIDGE Grant: $2.8 Million Project Cost: $18.2 Million Jobs Created: 8 “One of the standards of good governance is predicting the needs of your community. When our group was looking for help in bringing broadband service to our rural communities, OneGeorgia was ready with the BRIDGE grant program. They provided the initial catalyst and continuing help that has allowed our Authority to succeed in bringing broadband service to our area.” – Lee Conner, Director SGRITA 23 24 BRIDGE Development Authority of Lumpkin County north georgia network BRIDGE grant funds will be used to support the implementation of a 260-mile open-access regional fiber ring. Traversing 12 North Georgia Counties, NGN will immediately benefit 7underserved counties – Lumpkin, Dawson, Union, White, Habersham, Rabun and Towns – a combined population of 334,000. The project includes construction of 135 miles of new fiber that will connect to 125 miles of leased dark fiber assets and will serve more than 9,000 businesses, 42,000 households and 367 public institutions. The network will directly pass 245 county and city government facilities, schools, post-secondary and higher education institutions and hospitals. It will also initially reach 24,000 residences. $33 million of the total $42 million project will be funded through the American Recovery and Reinvestment Act. Local funding consists of community-based commitments from the four participating counties. The anticipated regional impact of this project is reflected by the other key partners including Habersham and Blue Ridge EMCs and North Georgia College & State University. BRIDGE Grant: $2.5 Million Private Invest: $3.7 Million Project Cost: $42 Million “The North Georgia Network was organized by economic development leaders as a pathway to better paying jobs. This $42 million infrastructure investment allows us to reach beyond local tourism and service industries and invite the kind of growth we can build a future around.” – Bruce Abraham, President and CEO North Georgia Network www.onegeorgia.org 25 26 AIRGEORGIA Metter-Candler County Airport Authority metter municipal airport The Metter Municipal Airport serves the general aviation needs of area residents and businesses in Candler County and the surrounding areas. The airport is located just north of and parallel to I-16 which is the major corridor between Macon and Savannah with close access to the Georgia Ports. At 3,610 feet, the runway was insufficient to accommodate industrial aircraft traffic. In January 2007, the OneGeorgia Authority awarded the Metter-Candler County Airport Authority AIRGeorgia grant funds to extend the existing runway at Metter Municipal Airport to 5,000 feet to enable the airport to accommodate larger twin-type aircraft and other medium sized aircraft. Other improvements included the installation of new lighting and perimeter fencing. The finished project yielded a 5,000’x75’ lighted runway with turnaround. Since the extension, there has been an overall 40% increase in the use of the airport, a 50% increase in mechanical business and a 9% increase in fuel sales. The runway extension is already stimulating new business and industry, which has in turn led to new job creation, new investment capital and improved tax digest for this South Georgia area. AIRGeorgia Grant: $2.2 Million Project Cost: $3.5 Million “The OneGeorgia grant has been a great tool in getting the airport project complete. We are now able to accommodate larger aircraft which has made our community more competitive to attract new industry.” – Cliff Hendrix, Secretary Metter-Candler County Airport Authority www.onegeorgia.org 27 AIRGEORGIA 28 www.onegeorgia.org City of Camilla camilla-mitchell county airport In January 2007 the OneGeorgia Authority awarded the City of Camilla $1.2 million in AIRGeorgia funds to extend and widen the runway to 5,000’x100.’ The runway extension allowed the airport to support larger jet type aircraft and other medium sized aircraft. The funds also allowed for the installation of a new Medium Intensity Runway and Taxi lighting system. The extension was necessary in order to utilize the airport as an economic resource for the area and to spur economic growth by being better able to serve large industries and small businesses. These changes and improvements will also lead to new capital investments and job growth in the area. With the runway expansion completed in 2008, the airport has since averaged receiving 115 jets annually. With the jet landings, the airport has also seen an annual average of 18,000 gallons of fuel sold, of which 30% is in new jet fuel sales. Customers of the hunting plantations, as well as the customers and executives of the poultry processing plant and the ethanol plant, have used the new runway extensively saving highway travel time and costs. AIRGeorgia Grant: $1.2 Million Project Cost: $2.3 Million “Because of the AIRGeorgia grant, it is possible for larger aircraft to utilize the airport. In turn, local businesses and industries have reported saving time and money by having their clients, customers and employees fly directly to Camilla.” – Mary Jo Haywood, Mayor City of Camilla www.onegeorgia.org 29 REGIONAL E 9-1-1 Regional E 9-1-1 2002 State of Georgia E 9-1-1 Status before the implementation of OneGeorgia’s E 9-1-1 program. Counties without Enhanced 9-1-1 service The OneGeorgia Authority Regional Enhanced 9-1-1 funding program closed on June 30, 2010, after making nine awards totaling $3.3 Million with project costs of $9.3 Million serving more than 270,000 people. “Since the OneGeorgia Regional 9-1-1 grant program began in 2002, seven Regional Enhanced 9-1-1 Centers covering 23 counties have been implemented across the state. Without this stream of financing, those counties could not have afforded the valuable 9-1-1 services they now provide to the citizens and visitors of their counties. The OneGeorgia 9-1-1 Grants have been one of the most important funding streams in the history of Enhanced 9-1-1 in Georgia.” – Elaine W. Sexton 9-1-1 Program Administrator, Georgia Emergency Management Agency (GEMA) 30 www.onegeorgia.org Regional E 9-1-1 2010 State of Georgia E 9-1-1 Status after the completion of OneGeorgia’s E 9-1-1 program. Counties without Enhanced 9-1-1 service “The financial investment from OneGeorgia to support Regional E 9-1-1 Centers in the rural areas of our state is really basic economic development. We cannot expect private enterprise to go where their investments cannot be adequately protected. These projects highlight the success of multi-county regional partnerships to deliver emergency services to local citizens in a cost efficient manner. Seven Regional Enhanced 9-1-1 Centers covering 23 counties have been implemented across the state over the last eight years. Counted among these successes is the nationally recognized eight-county Middle Flint 9-1-1 Authority. The high-tech and professionally staffed Middle Flint Regional E 9-1-1 Center was invaluable during the devastating tornado across Americus, Sumter County and adjoining areas on March 1, 2007.” – Senator George Hooks, Member OneGeorgia Authority Overview Committee www.onegeorgia.org 31 PARTNER PROGRAMS 32 Georgia Entrepreneur & Small Business Outreach The OneGeorgia Authority has funded Georgia Entrepreneur & Small Business Development Outreach (GESBO), a collaboration of the Georgia Tech Enterprise Innovation Institute (EI2) and the University of Georgia Small Business Development Center (SBDC), to deliver expanded services to Entrepreneurs and Small Businesses in rural Georgia. The goal of this program is to bring training, education, mentoring services and resources to small businesses in rural Georgia. Fabritex, Inc. Lee Adams, president of Fabritex Inc., in Hartwell, remembers exactly how his family-owned business started. His entrepreneurial father had purchased a trampoline and realized he could make the metal frame as well as anybody else. “We started in 1989, and since then we’ve grown into a 55-employee, 110,000 sq. ft. facility with an emphasis on tube fabrication and sheet and plate fabrication,” Adams said. “We try to think outside the box and sell ourselves as a one-stop shop.” Through the assistance of 2 EI , the company has adapted Lean manufacturing principles making the process streamlined and more efficient. The company has since made nearly $300,000 in capital investments, saved $100,000, increased sales by more than $1 million, doubled production and created eight jobs. “Georgia Tech was really able to get the creative juices flowing. It gave our guys the encouragement to make improvements and suggestions,” Adams observed. “Now there’s a craftsmanship to what they do; they’re not just here punching a clock.” Cooper Machine Cooper Machine in Wadley, a leader in the design and fabrication of custom sawmill equipment, was founded in 1965 by H. M. “Billy” Cooper and his wife, Mary. Its legacy continues under the current leadership of President Robert Cooper. As COO, Frances Cooper has found that over the years the processes needed to maximize growth were not evolving. Since working with the SBDC, sales have increased by more than $1 Million, and they’ve added two employees. The SBDC is focusing on inventory control, accounting/ job costing, human resources and the company’s organizational structure. In addition to working with the SBDC, Frances was also accepted into the inaugural Augusta SBDC’s FastTrac Growth Venture Program. www.onegeorgia.org Georgia Centers of Innovation Program Overview Funded by the OneGeorgia Authority, the Centers of Innovation (COI) is a new model for economic development that aids companies in commercializing new products, services and business models – in 6 strategic industries. The Centers of Innovation is a partnership between the Department of Economic Development and Georgia’s colleges and universities to produce new products and services that integrate industry expertise with University and college resources to create new employment using cutting-edge technology and new ideas. center of innovation for aerospace The Center of Innovation for Aerospace is the state of Georgia’s authority for the growth of the aerospace industry in Georgia. The COI Aerospace provides business development and technical assistance for Georgia firms to become integral parts of the global aerospace supply chain; to connect to statewide technology working groups to develop new leading edge technology products and services for Defense, Commercial & General Aviation. center of innovation for agribusiness The Center of Innovation for Agribusiness provides business development and growth assistance to companies in the areas of precision agriculture, food safety; value-added agriculture such as nutraceuticals and organics; the poultry industry; forest products and biotechnology. center of innovation for energy The Center of Innovation for Energy focuses on expanding and strengthening the state of Georgia’s greentech and bioenergy industry. With a business-oriented focus, the COI Energy supports the expansion, production and use of renewable energy and biofuels. center of innovation for life science The Center of Innovation for Life Sciences helps life sciences companies with business and technology development assistance, access to top-notch research at the Medical College of Georgia and lab and business incubator space. center of innovation for logistics The Center of Innovation for Logistics is Georgia’s leading resource for fueling logistics growth and competitiveness. The COI Logistics connects and works directly with all logistics sectors: ports, rail, air, trucking and storage to identify common problems and innovative solutions. center of innovation for manufacturing The Center of Innovation for Manufacturing provides expertise in multiple manufacturing efficiency principals, as well as customized training programs with the latest advanced robotics and PLC and CIM equipment. Its R&D friendly-environment includes the latest prototyping equipment, allowing companies to test new ideas before investing money. www.onegeorgia.org 33 PARTNER PROGRAMS 34 Entrepreneur Friendly Implementation Fund The purpose of the Entrepreneur Friendly Implementation Fund was to assist Entrepreneur Friendly communities with special projects that would significantly enhance their efforts in supporting entrepreneurs and small businesses in building capacity. Funded by the OneGeorgia Entrepreneur Friendly Implementation Fund grant, the SEEDS Business Resource Center – serving Lowndes, Brooks, Berrien, Cook, Turner and Lanier Counties – was developed to create a community that provides resources and support to local entrepreneurs and small businesses wanting to start or expand their businesses. The center offers free marketing and mentoring classes for entrepreneurs, start-up businesses, existing businesses or individuals searching for custom market data, industry profiles and more. The SEEDS Business Resource Center has seen more than 2,900 clients: 1,100 of which were in the start-up stage, 450+ were existing or expanding business, 1000+ were Chamber members or Realtors/developers and 400+ were returning clients. Approximately 130 businesses have been established, creating approximately 325 jobs and an estimated $9 million in annual payroll. TCSG High School Video Production A 2010 partnership between the Technical College System of Georgia and the OneGeorgia Authority will award up to thirty high schools in eligible OneGeorgia counties with a Broadcast Video Production Grant. The goal of the grant is to improve instruction through the creation or improvement of existing video programs, while generating revenue for schools and providing a service for the community. This cutting-edge technology puts an instructional tool in the hands of local schools and provides students valuable real world, hands-on experience which benefits the student as well as the school and community. Tift County High School, a first round grant recipient, has successfully produced live internet broadcasts of home football games, Parents Night and messages from the Principal and Athletic Director. After the first live broadcast, the Broadcast & Video Production teacher stated that the hands-on activity has taught her students more than they would have learned in six weeks in the classroom. Since awarding the OneGeorgia Broadcast Video Production Grant, the Tift County program has increased from eight to sixty-eight enrolled students. www.onegeorgia.org Georgia Soil and Water Conservation Commission agriculture water metering program Part of the Georgia Soil and Water Conservation Commission’s (GSWCC) mission is to provide Georgia with an Agricultural Water Metering Program that meets the water needs of agricultural producers and efficiently utilizes state water resources by maintaining and monitoring water meters on permitted irrigation systems. GSWCC seeks to supply irrigators with up-to-date technology that reduces irrigation costs and increases crop production, while providing state leaders with current water-use data to aid water management decisions that maximize efficient use of Georgia’s natural resources. The Ag Water Metering Program targets areas of high potential agricultural water usage, based on irrigation demand forecast mapping, in order to accurately predict Georgia’s ag water needs. GSWCC selects previously metered water-sheds for maintenance every four years to keep equipment in good condition and water-use data current. GSWCC’s Metering Program provides workshops and field days for state irrigators to demonstrate the functionality of water meters. GSWCC supplies farmers with yearly water usage reports designed to help agricultural producers manage resources on their own farms by reducing pumping costs and improving watering efficiency and profitability. OneGeorgia has invested $17 million in the Agriculture Water Metering Program. www.onegeorgia.org 35 CREATING JOBS Investing in Rural Georgia…One Project at a Time Return on Investment: $21:$1 36 www.onegeorgia.org $395 Million Invested in first 10 Years Measuring Return on Investment the first decade: 2000-2010 Jobs for Georgians • 40,372 Jobs for Georgians to date, with more to come • Diversifying the economy with jobs across multiple business sectors • ESB Loan guarantee program supports entrepreneurs and small businesses Expanding the Local Tax Base – New Private Investment • • • • Nearly $4.8 BILLION private sector investment since 2000 Expands to $5. 7 BILLION total investment including other public sector partners Leveraged against our investment of only $272 million Yields a 21:1 ROI – For every $1 OneGeorgia invested...an additional $21 State Level Economic and Fiscal Impact • The state level impact of jobs created through assistance from the OneGeorgia Authority is projected at $1.26 billion and $3.07 billion positive impact over a 10- and 20-year period, respectively. In addition, incorporating both direct and multiplier effects yields a total employment estimate of 118,134.* (*Calculations by Georgia Tech Enterprise Innovation Institute /2010) Diversifying the Portfolio – “One Size Doesn’t Fit all” • Two-thirds of funding ($272 million) invested into local communities to support direct job creation as well as capacity-building activities to enable communities and regions to better position themselves as favorable locations in a globally competitive environment. • One-third of funding ($123 million) invested to build linkages between agriculture, industry, education, and government as a model of collaborative economic development based on innovative partnerships. www.onegeorgia.org 37 One Georgia Map of Economic Impact 482 Awards totaling $272 million Total Project Investment: $5.7 billion; ROI 21:1 Long Term Job Creation/Retention: 48,440 jobs Impacting 135 Economically-Depressed Counties October 1, 2000 - October 1, 2010 The OneGeorgia Authority board meets periodically throughout the year to conduct business and present award winners an opportunity to meet the governor and have their photograph taken receiving the “big check.” OneGeorgia schedules board meetings in rural communities throughout the state to afford the attendees the opportunity to network with each other and to showcase the hospitality, beauty and uniqueness of Georgia. 38 www.onegeorgia.org “As a native of rural Georgia, I know our entire state needs to successfully compete in the global marketplace. To meet that challenge, OneGeorgia offers financial partnerships with rural communities to create strong economies that allow new and existing industries to grow. OneGeorgia helps ensure balanced growth across the state, giving all Georgians access to economic opportunities in their own communities.” – Governor Sonny Perdue Chairman, OneGeorgia Authority 39 1202-B Hillcrest Parkway ~ Dublin, Georgia 31021 (478) 274-7734 ~ Fax (478) 274-7727 www.onegeorgia.org