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PDA OKs land sale to ag inspection company

ALBANY, Ga. -- The Albany Dougherty Payroll Development Authority paved the way for Georgia Federal-State Shipping Point Inspection Service to move its operation from Slappey Boulevard to the Pecan Grove Corporate Park at a called meeting Friday by approving the sale of around eight acres of land to the ag inspection service.

The company looked around Southwest Georgia for a new location before settling on land at the Newton Road industrial park, according to Albany-Dougherty Economic Development Commission Vice President Justin Strickland.

"They looked around but decided that since most of their 35 employees live in Albany, it would be more convenient to keep their business here," Strickland told the PDA board.

Strickland said that Georgia Federal-State Shipping Point Inspection Service, in addition to maintaining its operations in Dougherty County, will bring as many as 1,400 employees a year to the new facility for training.

"This is a great win for the park," Strickland said. "They like the setting out there, and they're interested in closing as soon as they can."

The company has preliminary plans to build a 22,453-square-foot facility on the property, which is being sold for $15,000 an acre.

Also at the meeting, the authority learned from attorney Jay Reynolds that Better Brands LLC could close on its $2 million purchase of the former American Signature Bedding facility as early as next week. Reynolds requested, and got, approval to terminate the PDA's lease with American Signature at the closing.

"I think it's important to note that American Signature has lived up to its lease agreement and continued to make paymets on the facility even after having to shut operations down here," PDA Chairman Jeff Sinyard said. "That's unlike MacGregor (Golf Co.), which packed up and fled in the night."

Mayor Dorothy Hubbard, a member of the PDA board, suggested the authority send a letter of commendation to American Signature for living up to its lease agreement.

In other action at the meeting, the PDA approved amended and restated covenants at the corporate park. Reynolds noted that the existing covenants, which had been in force for 20 years, had expired.

Comments

Sister_Ruby 1 year, 6 months ago

Who gone make money on dis deal?

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