A Norcross company wants to build a $20 million green energy facility in Ocmulgee East Industrial Park that would bring 150 new jobs during the next 30 months.
NW Technologies, whose Asian-operation already supplies wind and solar power in Japan, China and other countries, pitched its plan Monday to the Macon-Bibb County Industrial Authority. The company is asking for an option on a 30-acre site in the park owned by the authority.
The first phase would include a $5 million investment on 5 acres to build a manufacturing facility to build the solar and wind power generators, said Grace Chu, the company’s associate director of operations. That phase would create 25 direct jobs and be completed in 12 months.
Most of the investment would come through EB-5, a federal program that encourages foreign investment in exchange for visas. The project would be the first brought in through the program after an 11-county area was designated in March as the Middle Georgia Regional Center under the EB-5 program.
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The company would invest $1 million for the first phase, and EB-5 investors would provide the remaining $4 million, said Rick Yi, chairman and CEO of the Georgia Development Commission, who is also director of the regional center.
“We do have a set of EB-5 investors lined up as soon as we can get the green light,” Yi said.
The second phase would be a $10 million investment to create an energy “farm” on 15 to 20 acres that would create another 50 direct jobs, Chu said. It could be completed with 18 months, she added.
“We want to create energy with the equipment we make and sell the energy to Robins Air Force Base and so forth,” Yi said. “It is purely green energy.”
For more on this story, see Tuesday’s Telegraph.