April 20th, 2021 – 10:25 PM
WRGA Staff Reports –
Some big news for the North Floyd Industrial Rail Site out near Shannon.
According to Missy Kendrick (President & CEO of the Rome/Floyd County Development Authority), Tuesday The Ball Corporation purchased the North Floyd Industrial Rail site property at the Northwest corner of intersection highway 140 and highway 53.
According to Kendrick, the Ball Corporation has made plans to build a 750,000 square foot regional distribution center that would also create 70 new full-time jobs.
When asked about how this purchase will impact the local economy, Kendrick stated: “We will benefit from the tax revenue on $51,850,000 in capital investment and the sale of the property, which pays off the debt on this site and the remaining acreage that was part of the Lowe’s purchase.
“We were competing with New Jersey and other sites in surrounding counties. They chose our site because it provides rail access and expansion capabilities for the future.”
The Property is a 12-minute drive to Interstate 75.