ONEGEORGIA AUTHORITY OneGeorgia Authority ANNUAL REPORT 2019 Governor Brian P. Kemp Commissioner Christopher Nunn Helping to Build Strong, Vibrant Communities Purpose And Policy Objectives The OneGeorgia Authority (OGA) exists to promote economic security of rural Georgians through the development and retention of employment opportunities in rural areas. OGA serves as a financial partner and catalyst in helping rural communities maintain excellent quality of life advantages while also creating sustainable and diversified economies. OGA provides funding through the Equity Fund and the EDGE Fund. Eligibility Local governments, government authorities and joint development authorities in rural counties that experience high poverty rates are eligible for OGA funding. Eligible counties are depicted on the map above. Conditionally eligible counties are required to have support from another eligible county for any application. Page 2 Helping to Build Strong, Vibrant Communities Equity Awards OGA's Equity program provides financial assistance to eligible applicants in the form of grants for publicly owned infrastructure or loans for projects such as building construction and equipment. Funded projects are intended to develop capacity for local economic development and to enhance regional competitiveness. In 2019, OGA Equity invested $4,707,020 in 11 Georgia communities: Bainbridge and Decatur County (Development Authority) Banks County Blakely Hazlehurst Johnson County (Development Authority) Moultrie Sylvania Thomaston Trion Walton County (Development Authority) Waycross and Ware County (Development Authority) 2019 Total Equity project investment: $60,012,869 OneGeorgia investment: $4,707,020 Investment Leveraged : $55,305,849 Page 3 Helping to Build Strong, Vibrant Communities Project Spotlight AWARDED IN 2019 Moultrie: Philadelphia College of Osteopathic Medicine In March 2019, OGA awarded the City of Moultrie a $500,000 Equity grant to provide water and sewer access to the site of a new medical college campus in Moultrie. The Philadelphia College of Osteopathic Medicine (PCOM) has established a regional campus in Moultrie on a 32.5-acre site. Initial employment was projected at 27 full-time employees and the college planned to invest $24 million in facilities and equipment. PCOM partnered with Colquitt Regional Medical Center and other regional medical and academic institutions to further the medical education pipeline through implementation of new and expanded residency programs. The initial class of 59 medical students began studies in August 2019, with plans to increase class size in following years. The project was truly a collaborative effort, including local investment of more than $3.5 million from the Colquitt County Commission, City of Moultrie, economic development authority and hospital foundation. To date, the project has exceeded all expectations, including the creation of 34 new jobs and generating over $32 million in private investment. Page 4 Helping to Build Strong, Vibrant Communities Project Spotlight AWARDED IN 2019 Bainbridge - Decatur County: Decatur County Industrial Park & Harrell Ag Products In April 2019, OGA awarded the Development Authority of Bainbridge and Decatur County a $347,590 Equity grant to assist with Hurricane Michael repairs and expansion of an existing industry, Harrell Ag Products. Harrell Ag manufactures peanut drying trailers, operating out of a publicly-owned building in the Decatur County Industrial Park. The company moved to Decatur County in 2018 and employs 20 people. During Hurricane Michael, the Development Authority-owned building lost part of the roof and all of the overhead doors, among other damages not covered by insurance. At the time of Hurricane Michael, construction was underway to expand of Harrell Ag's Decatur County location. The company planned to move all of its operations to Decatur County from other sites out of state. This is expected to create an additional 20 new jobs and involve $1.6 million in private investment, as well as $276,056 in local contribution. Page 5 Helping to Build Strong, Vibrant Communities EDGE Awards OGA's EDGE program provides financial assistance to eligible applicants in the form of grants to facilitate a business relocation or expansion when Georgia's communities are competing with other states. These awards must be recommended by the Georgia Department of Economic Development. In 2019, OGA approved nine EDGE awards totaling $4,225,000 to support new jobs and economic growth in the following communities: Athens-Clarke County (Wayfair LLC) Banks County (SELIT North America, Inc. Rumas NA, LLC) Chattooga County (Dixie Specialty Fibers, Inc.) Columbus (Global Callcenter Solutions, Inc.) Emanuel County (Wincore Window Company, LLC) Gordon County (Mannington Mills) Macon-Bibb County (Nichiha USA, Inc.) Taliaferro County (Harrison Poultry, Inc.) Thomasville (Check-Mate Industries, Inc.) 2019 Total EDGE project investment: $345,003,078 OneGeorgia Investment: $4,225,000 Page 6 Other Investment Leveraged: $340,778,078 Helping to Build Strong, Vibrant Communities Project Spotlight AWARDED IN 2019 Thomasville: Check-Mate International Products In August of 2019, OGA awarded the Thomasville Payroll Development Authority a $1,250,000 EDGE grant to assist with the location of a new manufacturing facility for Check-Mate International Products, Inc., a familyowned manufacturer of metal stampings, assemblies, tools and dies. Headquartered in New York, Check-Mate Industries offers an array of services to support customer needs from the design process through manufacturing and product testing. The company has committed to creating 220 net new jobs and investing at least $15,000,000 within 60 months of opening. The project location was formerly occupied by Caterpillar, and the company plans to rehab the building to accommodate their manufacturing facility. OGA funds will be used to assist with construction costs associated with the building improvements. Page 7 Helping to Build Strong, Vibrant Communities Project Spotlight AWARDED IN 2019 Chattooga County: Dixie Speciality Fibers In May 2019, OGA awarded the Chattooga County Development Authority $300,000 in EDGE funds to assist in the expansion of a facility for Dixie Specialty Fibers, Inc. The Company committed to create 100 new jobs, retain 43 existing jobs, and invest at least $19,200,000 in this project. Dixie Fibers is a Georgia-based company that manufactures and distributes products to the carpeting and home accessory industries. The company is expanding by constructing a 170,000-square-foot manufacturing facility in the Trion Industrial Park. The location of Dixie Fibers is a park that previously received a $500,000 in Equity grant to improve an 130-acre industrial park with an access road. In addition to supporting the expansion of Dixie Fibers, the Equity project allows the community to access and market the remaining 120 acres of the park. Page 8 Helping to Build Strong, Vibrant Communities EDGE & Equity Awards 2015-2019 Dade Catoos#*a #* #* Fannin #* Towns Union Rabun Whitfield Walker Murray Gilmer Habersham Chattooga Gordon Lumpkin White Pickens Dawson #* Step#*hens Shaded counties show an OGA award has been received in this county. #* Floyd Bartow Cherokee Forsyth #* #* Hall BanksFranklin Hart !( EDGE #* #* Jackson Madison Elbert #*#* #*#*#*#*#* #*#*#* #* #* #*#* #* #*#*#* HaPraHoClsleakoarnrrodlPl auCDldooiwnugegtlaaCs FoabFbyueCltttloeanSyDtpoaenlHKdaeinlnGRbgrowycBinkNundeteatwstlettoBWnaarJrlatooswnpeMrOocrCPgoulanatnernkeaemGOrgeleenHtheaonTrpcaeolicaWkfeirWlkrGoealsarrseMcnocLcDiknucffoielCnolumRibcihamond #* #* #*#* #* Pike Lamar Troup Meriwether Monroe Jones Baldwin Jefferson Burke #* #* #* Washington Equity #* #* #* #* Harris Upson Bibb Talbot Crawford Wilkinson Twiggs Johnson Jenkins Screven #* #* #* #* #* #* Muscogee Taylor Peach Laurens Emanuel #* Marion #* #*#* #*#* Chattahoochee Macon Houston Schley Dooly Bleckley #*#* Pulaski Dodge #* Stewart Webster Sumter Treutlen Candler Bulloch Effingham Montgomery Wheeler Toombs Evans Bryan #* #* #* #* #* Quitman Crisp Wilcox Telfair Tattnall Chatham #* #* #* #* Terrell #* Randolph Lee Turner Ben Hill Jeff Davis Appling Long Liberty #* Clay Calhoun Dougherty #* #* Worth Tift Irwin Coffee #* Bac#*on Wayne McIntosh Early Baker Miller Seminole #*Decat#*ur #* Mitchell #* Colquitt Berrien Cook Atkinson Thomas Grady #* Lanier Brooks #* Lowndes Clinch #* Pierce #* Brantley Glynn Ware Charlton Camden #* #* Echols #* #* OneGeorgia Awards 2015-2019 Page 9 Helping to Build Strong, Vibrant Communities Success Stories Tift County: Magnolia Industrial Park II In September 2017, OGA awarded the Tift County Development Authority a $500,000 Equity grant to assist in the extension of sewer system into Magnolia Industrial Park II. The project supported the recruitment of the American Textile Company, which had been leasing a speculative building owned by the Development Authority. The company committed to creating 70 new jobs. At the time this grant award was closed out in 2019, American Textile employed 105 people at the Magnolia Industrial Park facility. Page 10 Helping to Build Strong, Vibrant Communities Success Stories Union County: Blairsville Airport Regional Industrial Park In June 2010, OGA awarded the Union County Development Authority (UCDA) $484,010 as a no-interest Equity loan to construct two joinable 8,000 square foot speculative buildings on a 9.18 acre prepared site in the UCDAowned Blairsville Airport Regional Industrial Park. Total project cost was projected to be $1,014,960. When this project closed in 2019, the buildings were occupied by two companies, Lightsaber Promotions/Jedi Marketing and Corrugated Heat Treat. Following the initial lease, Lightsaber and Heat Treat exercised their purchase options. Each company now owns the building they occupy, and Heat Treat purchased the remaining acreage for further expansion. That company is now in the process of building two more buildings as part of an expansion. OGA played an important role in spurring significant growth in the Blairsville Airport Regional Industrial Park. Page 11 Helping to Build Strong, Vibrant Communities Performance CALENDAR YEAR 2015-2019 Private Investment 5 Billion 4 Billion Actual: Proposed: $4,016,314,407 $3,397,373,570 3 Billion Job Creation 2 Billion Proposed: 13,643 Actual: 13,825 1 Billion Retention: 10,727 0 88 Projects completed 46 Equity 42 EDGE These reports are compiled from close-out reports of OneGeorgia projects completed from 2015-2019. OneGeorgia Awards 2015-2019 110 Awards totaling $53,599,972 2019 Ongoing Projects 88 Communities Impacted Page 12 36 Active Projects 25 Equity 11 EDGE 58 Monitoring Visits OneGeorgia Authority BOARD MEMBERS Governing Board Brian P. Kemp Governor Geoff Duncan Lieutenant Governor Kelly Farr Director of the Governor's Office of Planning and Budget Pat Wilson Commissioner, Department of Economic Development David Ralston Speaker of the Georgia House of Representatives Christopher Nunn Commissioner, Department of Community Affairs David Curry Commissioner, Department of Revenue Overview Committee Blake Tillery State Senator, District 19 Terry England State Representative, District 16 Butch Parrish State Representative, District 158 Martha Wigton House Budget and Research Office Melody DeBussey Senate Budget & Evaluation Office