SG Blocks, Inc., a leading developer, designer, and fabricator of modular structures, announced today that the Company has closed on approximately 29 acres in St. Marys, Georgia, with plans to build the Company’s third manufacturing site.

St. Marys is located in Camden County, Georgia, known fondly as a coastal city with a diverse ecological community and wildlife, as well as the gateway to the Cumberland Island National Seashore.

The manufacturing facility will be located within St. Marys Commerce Park. The current site is the home of the former and now closed St. Marys airport. St. Marys Commerce Park is a creation that stems from collaboration at the highest levels, which include the City of St. Marys, Camden County, the Camden County Joint Development Authority, and the Development Authority of St. Marys.

SG Blocks is not only building a manufacturing facility within the city, but its real property development arm, SGB Development Corp., is a partner with Jacoby Development of Atlanta in its mixed-use destination community project, known as Cumberland Inlet, a 1,286-acre waterfront parcel in historic downtown St. Marys, Georgia. The Company holds a 10% non-dilutable equity interest in the project.

The new factory will employ roughly 40 people, initially. This will serve as the Company’s third factory to date, with an anticipated groundbreaking expected in Q2 of 2023. The facility will be used to build the Cumberland Inlet project, of which a groundbreaking event is being held on August 26^th.

“We are thrilled that a nimble, green and innovative company such as SG Blocks is building a manufacturing facility in St. Marys,” Mayor John Morrissey explained. “It’s an exciting time for St. Marys as we are experiencing growth in multiple facets of our community, from the job market to the overall population. Cutting-edge employers putting roots here is always a good thing.”

“We are clearly very invested in the local St. Marys community; we see a lot of potential for growth in this coastal city,” Paul Galvin, Chairman and CEO of SG Blocks noted. “Our manufacturing facility is the product of multiple entities coming together to find the highest and best use of the St. Marys Commerce Park, a wonderful redevelopment with the goal of revitalizing a city that has so much to offer. We’re very honored to be a part of that master plan.”