TROY, AL (WSFA) - Gov. Kay Ivey often says Alabama is open for business and the city of Troy is a testament to that.
“We’re growing in what we consider a healthy, sustainable way,” said Troy Mayor Jason Reeves.
The city has several economic development projects expanding between now and the next few years.
“We’re getting close to the building turn over on Kimber Manufacturing, so that’ll be one of the largest transplanted operations we’ve ever had,” said Reeves.
The company is a leader firearms maker. 54 people have already been hired and the company plans to hire another 280 within the next three years, with the potential for more expansion.
The company is expected to expand into another 150,000 square feet of its facility around this time next month.
Lockheed Martin also recently announced an expansion for production.
And Rex Lumber’s location in the county means a promising economic boost.
“Just something that’s going to help everybody, so when those property values go up, the tax base goes up and we’re expecting them to pump in about 40 million into the economy around here every year,” said Reeves.
Reeves says the city is also expecting to get plans to review in the next month about the Conecuh Ridge Distillery.
The city hopes to make an announcement in the next few days about another potential economic development project. Reeves couldn’t give a lot of details, but said it could be a large retail development off Highway 231.
The mayor says in addition to all of that the growth of Troy University over the last 25 years has helped draw more people to the city.