Gadsden Industrial Development Authority
Gadsden-Etowah IDA Gadsden-Etowah IDA Gadsden-Etowah IDA Gadsden-Etowah IDA Gadsden-Etowah IDA Gadsden-Etowah IDA Gadsden-Etowah IDA

News Articles

Council amends abatement for Prince Metal; company expansion will bring 65 jobs

June 30th, 2015

The Gadsden City Council on Tuesday voted to amend a tax abatement to support an expansion of Prince Metal Stamping USA Inc. that is expected to bring about 65 jobs to the area.

Guyton says good things happening with Gadsden job growth

June 3rd, 2015

Mayor Sherman Guyton says Gadsden is more than holding its own when it comes to job growth.

IDA Results as of June, 2015

June 2nd, 2015

New projects in the City of Gadsden
29 IDA projects  are operating today in the City of Gadsden.  They:
• Created 2,440 jobs (this is 50% of the manufacturing employment in Etowah County.)
• Have a $65,000,000 payroll.
• Generate $1,300,000 per year in new OLF revenues.
• New OLF revenues alone provide a 3-to-1 return on the city’s $425,000 annual investment in the IDA.

Little Canoe Creek megasite development feasible but would have lengthy return

May 27th, 2015

It would be feasible to develop the Little Canoe Creek Industrial property as a megasite, Mike McCain, executive director of the Gadsden-Etowah Industrial Development Authority, told the Etowah County Commission Tuesday in a work session. However, there could be a lengthy wait for any return on the county’s investment.

Gadsden City Council briefed on industry recruitment

May 16th, 2015

Industrial projects the Gadsden City Council was briefed on this week included good and bad news — six projects will be locating here while two chose other locations.

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Gadsden-Etowah County Industrial Development Authority
Gadsden-Etowah County Industrial Development Authority
Copyright 2011. All Rights Reserved. — Launch Admin Admin
One Commerce Square • Gadsden, AL 35901
Phone: 256.543.9423 • Fax: 256.547.2351
Gadsden-Etowah County Industrial Development Authority One Commerce Square, Gadsden AL 35901 Phone.256.543.9423 Fax.256.547.2351