Published on November 23, 2022 at 10:41 am
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The Clay County Board of County Commissioners unanimously approved an incentives award this week for Project Gator — a proposal for IKO Industries to develop a $219 million manufacturing complex off U.S. 301.
Crawford Powell, president of the Clay County Economic Development Corp., told the board the capital investment is expected to be $225 million for the first phase and “we expect that number to grow” with additional phases.
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“We are pretty sure this will be in the top five largest capital investments in the state,” Powell said.
Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.
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