18 Nov 2022
ECG Sells Property to Local Developers
ECG acquired 11 acres of industrial property in the South Newnan Industrial Park in February 2021 to build a state-of-the-art training facility. The ECG Board of Directors unanimously voted to sell its 11 acres of industrial property after much strategic planning and discussion with Executive Staff on the direction of ECG for its members. Walter West, ECG Interim President & CEO, said, “We have shifted our focus to providing sustainable and cost-effective training solutions. Selling this property has placed ECG in a better position to choose a location(s) that would efficiently serve our members. The business decisions we make are in the best interest of our members, and timing is everything.”
Considering the land cost, the decision to sell the property came at perfect timing for a group of local developers looking to develop several industrial spaces ranging from 8k square feet to 15k square feet for local businesses. “Industrial land is a much sought-after commodity in Coweta County, and we feel very fortunate that we will be able to develop this property and create new jobs in the county,” said Tom Crymes, managing partner for the development. The developers plan to start immediately on the corner parcel with an 8k square foot warehouse facility.
ECG remains hopeful and excited about what’s on the horizon for its training facilities. Planning is already underway as the ECG Board of Directors has asked staff to create a Training Center Sustainability Committee (TCSC) to look at the sustainability of the ECG Training Facilities and to assist us in deciding the best interest of our members. This committee comprises ECG Training & Safety employees and five ECG members representing north, south, east, west, and middle Georgia.