The headquarters and manufacturing center for a large medical company is coming to Forsyth County and bringing more than 100 jobs.
On Wednesday, the Cumming-Forsyth County Chamber of Commerce announced Gant Medical, a manufacturer of medical products, is moving its North American headquarters to a 42,000-square-foot building on Shiloh Road.
“Gant Medical is a great fit for Forsyth County,” said Robert Long, vice president of economic development with the chamber, in a news release. “We have similarly situated companies nearby, so there is a talent pool of qualified candidates for key positions that will ensure this product’s success.”
Gant Medical is expected to start production in January 2019 and plans to create more than 100 jobs in the community within five years.
“The CEO of Gant Medical has been a part of the community for quite some time, so he knows what a great decision Forsyth County is for this new venture,” said Forsyth County District 2 Commissioner Dennis Brown. “Their products are truly innovative, and I’m delighted they chose Forsyth County for their headquarters and first U.S. manufacturing facility.”
The company produces products for medical, dental, assisted living, long-term and home care markets, and products from the facility will be sold across North America.
Gant Medical is the U.S. partner of Gant Innovations, a company based in the United Kingdom.
At a work session on Tuesday, commissioners unanimously approved an inducement resolution associated with the project that would offer a 10-year phased-in tax abatement which would not include school or bond millage taxes and an $11,477 credit for development permits, impact fees, application fees and other fees from the county.
Long said during the meeting the company “may or may not” move ahead with the tax abatement.
“The company has not made a decision on whether they’re going to take us up on that offer, but that still is under consideration,” he said.
He said the project had also looked at locations in north Fulton and Gwinnett counties.
Commissioners also approved discussing a conditional-use permit to allow the business to operate 24 hours a day at their Oct. 18 meeting.
Before publicly revealing Gant Medical as the company looking at the property and seeking the inducements, the project was referred to as “Project Orion.”
County manager Eric Johnson said the company was the first inducement offered under a new economic development ordinance approved earlier this year.According to information from the chamber, the project will have a minimum of $10.3 million in new capital investment, 124 new jobs will be created over five years with an average wage of $18.55 per hour and an additional 23 percent of the base salary in benefits, and pay over $886,979 in property taxes over the next 20 years.