Johnston County Industrial Authority Helps Local Company Expand

In the Johnston County Industrial Park, the grinding and clanking of metal is accompanied by the roaring of welding and fabricating machines, reminding people in the area that opportunities exist.  TapeMatics, Inc., a metal fabricating company, is one of several businesses occupying facilities constructed by the Johnston County Industrial Authority.  The Authority secured financing to construct the facilities through USDA Rural Development.  TapeMatics, Inc. exhibits the resilience of hard-working Oklahomans, considering that only a few years ago a tornado took aim at their facility, scattering hopes and dreams in the process.  Instead of becoming a victim of the unfortunate circumstances, the company rebuilt and expanded its product line to include trailer manufacturing.  Now they provide 20 of the jobs in the industrial park and plan to further expand into a new facility which will be constructed with a $399,999 RBEG made possible through the American Recovery and Reinvestment Act of 2009; a move that will allow them to create 15 additional jobs.  The partnership Rural Development shares with organizations such as the Johnston County Industrial Authority helps to create great places to live and raise families.

Permalink  |  Posted: 05:19PM Nov 04, 2009 by Kathy James in USDA Web Site  |  Add Your Comment Here [0]

Fort Towson Industrial Authority

This Recovery Act investment of $300,000 will be leveraged with $300,200 to provide an opportunity for Fort Towson, Oklahoma, to establish initial medical services in their town. Many of the residents in this 611 population town are of an elderly age. It is a significant hardship on these residents to travel to the nearest medical facility available. The Authority is bringing in an existing Federally Qualified Health Clinic, who will locate in a new facility to be built in the new medical business park. This established clinic will bring 10 new jobs to the community. A local start up business has committed to provide 2 jobs and occupy some retail space in the new medical facility also.

Permalink  |  Posted: 11:15AM Sep 04, 2009 by Kathy James in USDA Recovery Act  |  Add Your Comment Here [5]