The addition of a rail spur and facility has been part of EDCCC discussion for the past several years.
“Each one of these have told me not to comment or make any kind of a statement about what the name of their company is,” J.L. Griffin said.
The EDCCC board will decide which companies receive grants, designating “at least” $50,000 each year to Category 1 applicants, or the small business sector.
Griffin only named one of the other four projects, “Yellow Pine,” but said he felt like that one could be “fading.”
“The biggest change” made to the draft, Jester pointed out, was the addition of a category allowing a company to be eligible by producing one job with a capital investment as low as $5,000.
The Arkadelphian learned in February’s EDCCC meeting that “Innovex” is a company that has developed a new technology used in fracking. “They build a charge that goes underground that is used in the oil and gas industry,” said Kevin Jester, chair of the EDCCC.
The second ordinance — drafted and sponsored by Scott, and tabled in December at the request of the county attorney — became the source of tension between justices.