Roofing company, GAF, opening factory in Valdosta, Georgia

FAN Editor

A roofing company plans to build a factory in the south Georgia city of Valdosta, investing $146 million and hiring 135 workers over the next six years.

GAF, a unit of privately held Standard Industries of New York, made the announcement Wednesday. Construction is supposed to start this fall, with production beginning in early 2024.

The company will make a plastic membrane called thermoplastic polyolefin roofing that is used mostly to cover flat roofs or low-slope roofs on commercial buildings.

GEORGIA WALMART FIRE: POLICE ARREST AND CHARGE 14-YEAR-OLD SUSPECT WITH ARSON

GAF said the plant will allow it to serve customers more quickly. The company currently makes the same product in New Columbia, Pennsylvania; Mount Vernon, Indiana; Gainesville, Texas; and Cedar City, Utah.

“Adding another manufacturing plant in Georgia will help ensure that our customers get the GAF products they need as quickly and efficiently as possible” GAF CEO Jim Schnepper said in a statement.

Georgia lottery numbers

GAF, A roofing company, is investing $146 million into a new factory. The factory will create 135 jobs.  (Fox News)

The company said it chose Valdosta because of its vicinity to highway and railways, available workers and its location relative to other GAF operations. GAF already has other locations in Savannah, Statesboro and Cumming that employ a total of 225 people.

GEORGIA GOV. BRIAN KEMP ANNOUNCES PLANS FOR ‘MASSIVE’ NEW HYUNDAI FACILITY

Company spokesperson Sunjay Lee said it was too early to say how much employees will earn.

GAF could get more than $13.5 million worth of incentives to locate in Valdosta. That includes 130 acres of free land worth $3.25 million and 12 years of property tax abatements with estimated savings of $7.9 million, said Andrea Schruijer, executive director of the Valdosta-Lowndes Development Authority. The company would also be eligible for a state income tax credit allowing it to annually deduct $3,500 per job from state income taxes, up to $2.36 million over five years, as long as workers make at least $28,000 a year.

JAPANESE COMPANY, NIPPON DENKAI, SHIFTS LOCATION FOR $150 MILLION COPPER FOIL PLANT FROM SC TO GEORGIA

It’s unclear whether the company will emit air or water pollution. Lee said he facility would “meet or exceed” pollution control permit requirements.

Free America Network Articles

Leave a Reply

Next Post

Here's a first look at the new iPhone 14 Pro

iPhone 14 Sofia Pitt | CNBC Apple just wrapped up its big iPhone event, where it announced a bunch of new products, including the iPhone 14, iPhone 14 Plus, two new iPhone Pro models and more. We quickly ran over to take a peek at the new iPhone 14 Pro […]