Another new

industry will soon move into Peachtree City's industrial park.

The Fayette

County Development Authority Wednesday authorized issuance of $6.5 million

in bonds to finance land and building for a manufacturing plant for SST

Industries Inc.

SST is a manufacturer

of plastic drums and barrels out of Cincinnati, Ohio.

Construction

already has begun on the company's 80,000-sq. ft. plant on 20 acres at

the corner of Ga. Highway 74 and Gardner Park, across from Gardner Denver

company.

Plans for the

plant represent an expansion for the company, said Tate Godfrey of the

Peachtree City Development Authority.

Initial employment

will be around 25, he said, with plans for future expansion. Only two

workers will transfer from Cincinnati. The rest will be hired in the area.

The low number

of employees appealed to local development boosters, said Godfrey.

"Not having

a huge labor force need was a plus, since we have such low unemployment,"

he said.

"It's

a good project," he said, adding that the company's blow-molded plastic

containers are used for a variety of purposes like gas cans and fertilizer

containers.

The authority

acts as a conduit for financing but does not incur any liability for repayment

of the loan.

Authority members

also approved an inducement letter as a first step toward a $12 million

bond for a new Peachtree City headquarters for World Airways Inc.

The company

has about 200 employees with median salaries in the $50's. Fifty workers

will be transferred to the new headquarters, with 150 new hires.

A company headquarters

with high wages is exactly the sort of industry the Development Authority

is targeting, members said.

"We're

dealing with a very first-class organization," said authority member

Brian Edwards.