News & Events
RCEDA Hires Retail Consulting Firm
The Randolph County Economic Development Authority board voted to hire Retail Strategies, a retail-consulting firm out of Birmingham.
Matt Petro of Retail Strategies said, "We are thrilled to begin working with you!" and Jeff Rouzie told the group, "We are ready to get to work."During Monday evening's meeting, RCEDA director Bryant Whaley said, "It has taken a joint effort from everyone in the county, and I am excited for this opportunity. Every municipality, the county commission, the chamber of commerce and some corporate donations helped fund this project."
Retail Strategies specializes in recruiting restaurants, hospitality and entertainment for an area. They have been an instrumental part in the development of Troup County, Ga., over the last seven years.
Koch Foods to Build $40.5-Million Feed Mill in Roanoke, AL
Roanoke, AL - October 11, 2017 - Koch Foods, Inc. will build a feed mill in Roanoke, Alabama, in Randolph County with a capital investment of $40,450,000. The plant will produce prepared feeds and feeding ingredients to support the growth of Koch (pronounced "Cook") Foods' Pine Mountain, Georgia processing plant.
Mike Fisher, Mayor of Roanoke stated, "The City of Roanoke is proud to announce that Koch Foods will locate their new feed mill here. With the combined efforts of the City of Roanoke, Randolph County Commission, and the Economic Development Authority this long-awaited project is now ready to locate in Roanoke. This company will bring new jobs and economic growth. We are fortunate to have this business and we look forward to a long working relationship with them."
"The company will hire 27 full-time employees plus an additional 19 truck drivers, with a total annual payroll of nearly $2 million," said Marilyn Lott, Executive Director of Randolph County Economic Development Authority (RCEDA). "Koch Foods' decision to locate their world-class facility here is great news for Randolph County."
Koch Foods is one of the largest poultry producers in the United States. It is projected that the new feed mill will result in the development of up to 190 new growing houses developed by contracted local farmers. Generally, farmers will develop new houses along the line separating the feed mill and the processing plant. Each facility is estimated to cost $500,000 to construct, resulting in $95 million of capital spending along with new jobs, property tax, and sales tax into the local economy.
"This major investment by Koch Foods will create 46 well-paying jobs in rural Alabama and generate new opportunities in communities across Randolph County," said Greg Canfield, secretary of the Alabama Department of Commerce. "The project expands the company's already significant footprint in the state and will support the growth of East Alabama's poultry industry with many new growing houses."
"This project will bring a significant economic impact to Randolph County," said Wendell Shelton, chairman of RCEDA. "It will not only create jobs and benefit the poultry producers, but it will also benefit many other businesses in the area that will provide the feed mill with ingredients, utilities, and supplies." In addition to the city and county, Shelton acknowledged the work of several other entities that helped make the project a success including the Alabama Department of Commerce, Roanoke Utilities, the Randolph County Legislative Delegation of Senator Gerald Dial and Representative Bob Fincher, Alabama Power, and also Valerie Gray and the Chambers County Development Authority for assisting with the project in an interim capacity.
"The Randolph County Commission is very pleased to be able to participate with the City of Roanoke and the Randolph County Economic Development Authority to offer incentives strong enough to draw new industry to our county," Commission Chairman Derek Farr said. "Cooperation between the county, agencies, and our municipalities is a critical component to our overall success. We are excited to play our part in bringing new jobs and growth to the area, and we welcome Koch to our county family."