Spongetech Delivery Systems, Inc. (fka SPNGQ)

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Development Authority of Bryan County / Dicon Technologies, LLC

EDGE grant funds will be used to assist with site preparation and SILF funds will be used to purchase equipment in support of the location of Dicon Technologies, LLC (DT) to Bryan County. The Company manufactures a variety of products in the areas of wound-care, cosmetics, diabetic care, foot care and footwear that are in large part based upon Dicon’s proprietary foam-related technologies. DT plans to construct a 30,000 square-foot facility on 5.93 acres in the Interstate Centre Industrial Park. The new facility will contain the Company’s manufacturing, research and development functions that are currently located in China. Founded in 1980, Dicon has marketable and diverse products, as well as patents and patents-pending. The Company’s customers in the footwear industry include Johnston & Murphy, Kenneth Cole, Foot Joy and Born; in the skin care industry customers include Walgreens, CVS, Sears/Kmart, Publix, Mary Kay and Big Lots.

EDGE Award of $100,000 & $525,000 SILF AWARD / Total Project Cost: $3.38 million
55 new jobs in two years
***** MAYBE THIS WILL HELP ANSWER WHERE THE OTHER FUNDS CAME FROM!!! glta http://gov.georgia.gov/00/press/detail/0,2668,78006749_141938033_144299521,00.html