The Winder-Barrow Industrial Building Authority last week agreed to issue up to $18 million in revenue bonds to finance the relocation of Mizuno USA from Gwinnett County to Braselton.
The authority also agreed to give the company seven years of tax breaks on $13 million in equipment the company plans to install at the new site.
In exchange, the sports apparel and equipment company has promised to bring 150 full-time jobs to the facility at 920 Hwy. 124 within two years.
Most of the jobs will not be new to Georgia. The first 100 positions will be filled primarily by Mizuno employees transferring from the company’s manufacturing facility in Norcross and from its distribution center in Buford. The other 50 positions will be new, according to Guy Herring, the county’s economic development director, who presented the “Inducement Resolution” to the IBA on March 13.
For the full story, see the March 19th issue of the Barrow Journal.