The Gordon County/Floyd County Joint Development Authority on Wednesday approved the sale of 10.4 acres at the Northwest Georgia Regional Industrial Park in Shannon to Alabama-based Power and Rubber Supply.
The Tuscaloosa-based company purchased the land for $35,000 an acre.
Power Rubber and Supply is a leader and distributor of industrial hoses, bearings, power transmission, and rubber products.
Plans are for the company to invest $4.2 million in a facility that hopes to service NWGA in the conveyer belt industry.
Plans are to begin construction of the plant within the next 6 to 12 months. The company is looking to hire 16 to 20 people.
The Northwest Regional Industrial Park is bordered by West Hermitage Road and Calhoun Highway near the Ball Container facilities.