Brick corp. buys A.P. Green site
|Kerry Craig | News-Telegram Assistant Editor|
March 23, 2004 -- Prospects for economic growth in Hopkins County received a boost Monday as the board of directors of Sulphur Springs-Hopkins County Economic Development Corporation heard a request for financial assistance from a new industry.
Randy Thomas, EDC executive vice president, said representatives of Old World Brick Corporation, a start-up industry, is planning a brick manufacturing operation and has asked EDC for financial assistance in the form of a $250,000 low-interest loan. The company has purchased the old A.P. Green plant facility near Thermo.
"In their original request, they were looking for a low-interest loan," Thomas said. "The board authorized the board president, Carl Bryan, and myself to put together a proposal for their approval."
Thomas said he and Bryan would be looking for a way to help the new business, but probably not in the total amount sought.
Plans for the brick manufacturing operation could mean a number of new jobs in the county.
"They will be looking at, initially, with about 15 and go up to about 30 jobs," Thomas said. "They are projecting 30 jobs."
No firm date has been presented for the start of manufacturing operations at the plant site, according to Old World Brick Corporation's Perry Hutchinson, who said work was under way renovating the plant site. Additional information on the start of brick manufacturing at the site is expected to be available within the next few weeks.