Two companies plan new investment, jobs in Whitfield County
Published 10:44 am Tuesday, November 20, 2018
DALTON, Ga. — Two companies coming to Whitfield County are expected to create a total of $53 million in new investment and 98 jobs.
Core Scientific will invest $42 million and plans to hire 60 people during the next five years.
Dalton-Whitfield Joint Development Authority (JDA) Executive Director Carl Campbell said that because of a nondisclosure agreement he could not provide more information on the company at this time.
Whitfield County Board of Commissioners Chairman Lynn Laughter said the company plans to put a data center in the city of Dalton.
The company will receive a 50 percent tax abatement on new investment under the JDA’s matrix program, which provides abatements based on the size of the investment a project will bring in and the number of jobs it will create.
Campbell also said that Reagent Chemical and Research Inc., maker of White Flyer clay shooting targets, will invest $11 million with plans to create 38 jobs. Reagent will qualify for a 40 percent tax abatement.
In September, the JDA announced Reagent as one of the first tenants of a new 70-acre commercial business park, the first privately-funded commercial park in Whitfield County in some 20 years, which is being developed about one mile south of the South Bypass.
Campbell said neither company will receive any local incentives other than the matrix incentives but the JDA did receive a $200,000 state grant to help fund the construction of a road into the private industrial park.