Energy Efficiency and Conservation Block Grant Green Jobs Revolving Loan Fund/Borrower: Estate Products Manufacturing Group, Incorporated
CX(s) Applied: B5.1
Location(s): Louisville, Kentucky
Office(s): Energy Efficiency and Renewable Energy, Golden Field Office
Energy Efficiency and Conservation Block Grant funding. Louisville Jefferson County Metro is proposing to award a $500,000 loan to Estate Products Manufacturing Group, Incorporated to allow them to purchase machinery and equipment to produce a light weight authentic looking stone, called AirStone, using recycled styrofoam. This equipment will allow the company to move from slow manual production to mass production so that it can meet the demands for the product. Currently, only about 32 percent of styrofoam is recycled; this equipment will allow Estate Products to significantly reduce landfill waste.