News Flash

Home

Posted on: January 20, 2021

Koch Foods announces $16 million expansion, 135 jobs; city approves tax abatement

City Seal 1

Gadsden, AL – Koch Foods has announced a nearly $16 million expansion and 135 jobs that will make the company Etowah County’s second-largest business employer.

The company is investing $15.9 million to expand the production line at its Gadsden poultry processing facility.

The project is expected to bring a total of 135 jobs over the next three years.

The Gadsden City Council approved a 10-year abatement Tuesday of all state and local non-educational property taxes and all non-educational construction-related transaction taxes.

The expansion will also mean an increase in funding for schools.

Information from the Gadsden-Etowah Industrial Development Authority estimates that returns will be $50,770 annually for Gadsden City Schools, $19,000 annually for county schools (plus a one-time return of $16,000), and $9,500 annually for state schools.

Additionally, the project will bring in an estimated $83,566 per year in occupational tax for the city.

Currently, Koch Foods has 1,040 employees, and the expansion will make the company the second-largest business employer in the county behind Gadsden Regional Medical Center.

“We’re really proud to have Koch Foods in Gadsden,” said Gadsden Mayor Sherman Guyton. “I’m pleased that they’re continuing to expand here, bringing new developments and more good-paying jobs for our citizens.”

“I’m excited about the expansion, and I appreciate Koch’s continued environmental and modernization efforts at their facility,” said Dr. Cynthia Toles, President of the Gadsden City Council and representative of District 1, where the Koch Foods facility is located.

According to information from the IDA, poultry and agriculture are two of the largest industrial sector employers in Etowah County, and there are 93 businesses in the county with an agriculture SIC (Standard Industrial Classification) Code.

IDA estimates that there are more than 2,000 employees in Etowah County directly related to the poultry business, which includes a number of workers employed by Tyson Foods and three private cold storage facilities.

Tuesday’s announcement is the latest in a number of expansions for Koch Foods. The company announced a previous expansion of its Gadsden plant in 2018 and a new, state-of-the-art poultry feed-mill in nearby Attalla in 2019.

Facebook Twitter Email

Other News in Home

CDBG Program Year 2023 Funding Notice

Posted on: October 28, 2022
Downtown Gadsden First Friday

First Friday returns for 2022

Posted on: March 25, 2022
Landfill closure 9-15-21

Landfill closure - September 15, 2021

Posted on: September 15, 2021

Landfill closure - March 26, 2021

Posted on: March 26, 2021
City Seal 1

City Hall to reopen Monday, Feb. 15, 2021

Posted on: February 11, 2021

Planning Commission meeting canceled

Posted on: December 15, 2020
botanical-30

Botanical Gardens Ribbon Cutting

Posted on: October 2, 2020
Flu Shot Clinic

Annual Drive-Thru Flu Vaccination Clinic

Posted on: September 29, 2020

Hurricane Response

Posted on: September 28, 2020

Special Called Council Meeting - 9-29-20

Posted on: September 25, 2020

Airport Authority meeting - 9-18-20

Posted on: September 14, 2020

COVID-19 Hot Spot Testing Scheduled

Posted on: August 11, 2020

Special Called City Council Meeting

Posted on: July 21, 2020

Community Meeting - District 5

Posted on: May 15, 2020

City Hall to Reopen Monday

Posted on: May 8, 2020

District 2 Community Meeting

Posted on: May 7, 2020
COVID_Spotlight2 copy

UPDATED Stay at Home Order

Posted on: April 11, 2020

District 3 - Community Meeting

Posted on: May 4, 2020
EMA logo

Severe Weather Affects Etowah County

Posted on: April 13, 2020
EMA logo

Etowah County COVID 19 Fatality

Posted on: April 1, 2020
COVID_Spotlight_biz

COVID-19 Local Businesses Resources

Posted on: March 24, 2020

COVID-19: City of Gadsden Response

Posted on: March 18, 2020

RAM Free Clinic Postponed in Gadsden

Posted on: March 17, 2020

District 3 Community Meeting

Posted on: March 2, 2020
Downtown Gadsden Logo

Downtown Gadsden Gives Back

Posted on: February 24, 2020

District 5 Community Meeting

Posted on: February 21, 2020
Highland Avenue Road Closure

Highland Avenue Closure for Road Work

Posted on: February 14, 2020

Airport Authority meeting - 2-21-20

Posted on: February 14, 2020

GECEMA: Overnight Flooding Likely

Posted on: February 10, 2020
Downtown Gadsden Logo

Downtown Gadsden Girl’s Night Out

Posted on: February 10, 2020

No City Council meeting - 2-11-20

Posted on: February 4, 2020

County Impacted by Severe Storms

Posted on: January 13, 2020
Flooding Icon

Risk of Flooding in Etowah County

Posted on: January 2, 2020
Downtown Gadsden Logo

Snacks with Santa in Downtown Gadsden

Posted on: December 10, 2019
Warming Centers Open

Warming Centers Open

Posted on: November 13, 2019
DowntownGadsden_A80U1872

Downtown Gadsden Shopping Event

Posted on: September 6, 2019

Leaf Collection Schedule Update

Posted on: December 7, 2018

Public Works Committee Meeting

Posted on: December 31, 2018

January 22 Special Election Information

Posted on: December 27, 2018

Gadsden City Council Schedule

Posted on: December 18, 2018

Christmas at the Falls Extended Dates

Posted on: December 13, 2018

Monthly Siren Test Today

Posted on: December 11, 2018

Snacks with Santa

Posted on: December 10, 2018

Commercial Development Authority Meeting -

Posted on: December 10, 2018
My Post (4)

Gadsden Fire Department Toys from Santa

Posted on: November 30, 2018

Public Works Committee Meeting

Posted on: November 30, 2018
download

City-wide Christmas Tree Lighting

Posted on: November 19, 2018

District 1 Community Meeting

Posted on: January 19, 2018

Weekend Warming Center

Posted on: January 11, 2018

January 2018 Programs at the GPL

Posted on: December 19, 2017

EMA Preparedness Survey

Posted on: December 18, 2017

District 6 Community Meeting

Posted on: December 1, 2017

Snacks with Santa

Posted on: November 30, 2017

Monthly Siren Test

Posted on: November 14, 2017

No City Council Meeting 12/27/2016

Posted on: December 21, 2016
CHRISTMAS AT THE FALLSDATES ADDED.png

Christmas at the Falls Dates Extended

Posted on: December 20, 2016

District 3 Community Meeting

Posted on: December 14, 2016

Gadsden Christmas Parade Canceled

Posted on: December 5, 2016
Crime Prevention Tips for the Holidays.png

Crime Prevention Tips for the Holidays

Posted on: December 1, 2016

Airport Authority Meeting Set

Posted on: November 14, 2016

District 5 Community Meeting

Posted on: November 10, 2016

LEPC Meeting –November 3rd

Posted on: November 1, 2016