Concern for community
With the assistance of Coles-Moultrie Electric Cooperative (CMEC), Charleston Stone Company, a limestone quarry in CMEC service territory, received $400,000 through the Rural Economic Development Loan/Grant (REDLG) program. The funds are provided to rural utilities by the USDA Rural Development Program which then provides no-interest loans to borrowers in their areas for economic development.
Charleston Stone is using the funds to replace their existing diesel portable crushing plant with a new electric portable crushing plant. The company currently has about 20 employees and anticipates the creation of five new jobs.