The Halifax County Industrial Development Authority (IDA) looks back on 2013 as a year of positive change with exciting new projects. The IDA looks forward to 2014 as a year of opportunity. "Our Brighter, Bolder, Business tagline is not just some clever little bit of alliteration," says Matt Leonard,the IDA's Executive Director. "It is how we operate now." Leonard explains that the IDA has restructured its operations, reworked its staff, deployed new and targeted marketing initiatives and reinvigorated its relationships with its critical mission partners. These are natural extensions of Halifax's long history of working to set itself apart from and above other communities when it comes to business and industry. What we have done in 2013 bodes well for 2014.
As the County looks back over 2013 it can be proud of its resilience through these difficult economic times. Halifax continues to retain many of our strongest and longest lasting employers, while new ones emerge. These include ABB, Presto, Aquatic, Annin, CCI, TMI and Dollar General. New industries opened in 2013, including the Northern Virginia Electric Cooperative's South Boston Energy biomass plant, a $150M capital investment with 26 new full time jobs, and positive economic ripples through our legacy wood products industry. Also, Halifax Regional Health System merged with Sentara, making its 1,300 employees part of a 24,000 member organization, and promising $115M in capital investments over the next ten years. "Their continued commitment to Halifax is a testament to our long-term viability," adds Leonard.
The Halifax IDA administers a state Enterprise Zone program that incentivizes current and prospect industries to create new jobs and add capital investments. "The IDA managed County awards of over $130,000 in EZ incentives in 2013," says Marissa Jackson, the IDA's Operations Manager. Marissa will take lead on the EZ program beginning in 2014. "We anticipate awards of nearly $140,000 in 2014," she says. "That means growth."