SG Blocks To Build Manufacturing Campus In St. Marys, Georgia

The Camden County Joint Development Authority (JDA) has approved SG Blocks Inc's SGBX real estate transaction for roughly 33 acres with plans to build a 114,000 square foot manufacturing facility.
The manufacturing campus will be located at the former St. Marys airport site, which will now be known as the St. Marys Commerce Park.
The company expects the factory to provide more than 100,000 square feet of new manufacturing space.
The new campus will serve many projects and areas, including SG Blocks' Cumberland Inlet and Norman Berry projects, and the greater Jacksonville, Florida area, given the company's new headquarters.
Price Action: SGBX shares are trading lower by 3.28% at $1.77 on the last check Thursday.