Hinds County Economic Development Authority | P.O.Box 248 | Jackson, MS 39205 | Ph. (601) 353-6056
Cook County, GA Economic Development Commission

229.896.2575

Cook County Incentives

Cook County Incentives

From custom-tailored incentives to a custom-trained workforce, from financing to fast-track permitting, Cook County is ready with the tools, resources and commitment to help your organization succeed.

 

Tier 1 Job Tax Credit: Cook County offers the maximum Georgia jobs tax credit, up to $4,000 per qualified job created, per year, for up to 5 years.  If a company creates a minimum of two jobs, they can use the credit to offset up to 100% of their annual state corporate income tax liability, then exercise the “Payroll Withholding” option.  The company can also carry forward any leftover credits for up to 10 years from the time the job was created. 

 

Freeport Exemption: Cook County offers a 100% Freeport tax exemption on 3 classes of personal property.  Freeport is the general term used for the exemption of ad valorem tax on inventories for manufacturers, distributors, wholesalers and warehouse operations, as defined by Georgia law.  The three classes of personal property are (1) manufacturer's raw materials and goods-in-process inventory; (2) manufacturer's finished goods held by the original manufacturer; and (3) warehouse, distribution or manufacturing firms with finished goods destined to be shipped outside of Georgia.

 

Bond Financing: Issued through Adel Industrial Development Authority, tax-exempt and taxable revenue bonds for qualifying projects can provide low-interest financing for real estate, construction and manufacturing equipment.

 

Land Incentives: The price of land owned by the Adel Industrial Development Authority is determined by the total capital investment of the project and the number of jobs to be created.

 

Ad valorem Tax Incentive/PILOT: As an incentive for job creation and capital investment, tax abatement, coupled with a Payment In Lieu Of Taxes (PILOT) program, may be available to qualifying companies.

 

Fast Track Permitting: A streamlined and simplified permitting process accommodates developing and expanding businesses’ need for fast, efficient action.

 

Build to Suit/Lease Back Arrangement: Based on capital investment and jobs created, projects may qualify for a build to suit/lease back arrangement with the Adel Industrial Development Authority.

 

Low-cost Utilities: Cook County’s competitive utility rates are enhanced by "customer choice" of providers for users requiring 900 kw loads or larger.

 

Infrastructure Financial Assistance: Qualifying companies may be eligible for infrastructure assistance.

 

Employer Incentive Program (EIP): This financing program may be used in conjunction with traditional private financing for eligible purposes that may include financing for fixed assets such as land, new facilities, rehabilitation of existing facilities, and machinery and equipment.

 

New Market Tax Credits:  The South Georgia Megasite is eligible and meets the Primary Criteria requirements for the CDFI Fund's New Markets Tax Credit (NMTC) Program Severely Distressed Status.   

 

Let’s talk! To find out more about how to qualify, and how our incentives and advantages can work for you, contact our team today.


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Replacement hospital to open by summer 2019

As a result of tremendous community support, Cook County went from the real possibility of… ...read more link

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LINDE: BIGGEST INDUSTRY INVESTMENT EVER IN COOK COUNTY

The groundbreaking for the Linde Group’s $40 million atmospheric gases plant in Cook County was… ...read more link

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Adel-Cook County’s second industrial park consists of the 3,000-acre megasite and the 350-acre GRAD site.… ...read more link


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