Development Authority will hear update on StruXure when it meets Tuesday morning

News

LUMPKIN COUNTY, Ga — The Development Authority of Lumpkin County will meet Tuesday, Jan 21 at 9 a.m. in the County Administration Building, 99 Courthouse Hill.

There will be a project update on StruXure Outdoor, formerly Arcadia, a presentation by Ivana Pelnar-Zaiko, Chairman of the historic Holly Theater, and staff and associate member reports.

StruXure is undergoing an expansion made possible, in part, by bonds issued by the Development Authority and the Georgia Department of Community Affairs’ Georgia Agribusiness and Rural Jobs Act (GARJA).

StruXure manufactures adjustable louvered roof systems for outdoor living spaces. Fast-paced growth has necessitated the need for more space so, when StruXure wanted to purchase the building next door, it approached the Development Authority for help. The Authority issued Industrial Revenue Bonds for the purchase and now leases the facility back to StruXure for the cost of the financing.

Company officials say the new building should be operational this fall. They expect 40 new jobs to be created in the next three years.

 

 

Fetch Your News is a hyper local news outlet that covers Dawson, Lumpkin, White, Fannin, Gilmer, Pickens, Union, Towns and Murray counties as well as Cherokee County in N.C. FYN attracts 300,000+ page views per month, 3.5 million impressions per month and approximately 15,000 viewers per week on FYNTV.com and up to 60,000 Facebook page reach. If you would like to follow up-to-date local events in any of those counties, please visit us at FetchYourNews.com

 

Leave a comment

Back to Top