Thumbs up: The Point appears likely to surpass prediction on jobs
Earlier this year, officials overseeing The Point industrial park in South Point, Ohio, were predicting that the number of jobs there would reach 500 or more by this summer.
Not surprisingly, it turns out they had a good handle on the numbers. And by the end of the year, the employment rolls at businesses in The Point might be closer to 600.
Putting the industrial park over the 500-job mark are two recent company announcements.
FedEx Ground is building a new distribution center, which officials say will employ about 110 people. Those jobs won’t be a complete gain for the region, however, because the new center will replace one now in Boyd County. But indications are that the new center will employ more than the old one does. The new distribution center is now under construction and scheduled to be completed in June.
Just days after FedEx Ground confirmed its plans, Minova USA, based in Georgetown, Ky., announced it had signed a 15-year lease to locate in a 87,000-square-foot building in the park and planned to build additions to the structure totaling 27,000 square feet within about five months. Minova, which makes mining-related supplies and products, plans to create 75 new jobs as well as consolidate a few dozen more jobs from other operations.
Add those two new employers to the at least 350 people already working in The Point at existing businesses, and the number grows to about 550 total employment in the park. And officials with the Lawrence Economic Development Corporation have indicated that other companies are showing an interest in locating at The Point.
The growth in jobs is a testament to the business recruitment efforts and planning done by the development corporation. Its use of shell buildings and decisions to build infrastructure linking to roads, rail and the Ohio River have proven to be wise steps.
The result is that Lawrence County and the entire Tri-State region benefit.
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