The staff at the Oxford-Lafayette County Economic Development Foundation work hard to meet the needs of business and industry in Lafayette County. But don’t take our word for it. Here are some quotes from industry leaders we have worked with.
“As Plant Manager of Winchester’s Oxford operations, I’ve been a witness to the community support our company has received. This support has been key to our success. The EDF helped pave the way for our facility’s initial development and is now playing an instrumental part in our growth for the future. We are very grateful for their support and efforts on our behalf.”
Curtis Phillips, Plant Manager, Olin-Winchester Corp.
“The EDF has been and continues to be an invaluable resource to Winchester. From Winchester’s first arrival in Oxford in 2004 to our current expansion efforts, the EDF has provided tremendous support, and we look forward to our continued partnership in the community as we move forward.”
Kevin Watson, Director, Strategic Projects, Olin-Winchester Corp.
I doubt there could have been a better place for FNC to get started than here in Oxford and Lafayette County. The progressive atmosphere of our Economic Development Foundation has supported FNC throughout our early years. FNC has enjoyed enormous growth since its inception in 1999 – in revenue as well as human resources. We are grateful to the Oxford-Lafayette County Economic Development Foundation for nurturing a pro-business culture here in Oxford
– Dennis Tosh, FNC Founder
Olin/Winchester’s New Centerfire Operations Facility, 2011
Investment: $75 million plus
Additional employment: 1,000 jobs over 5 years
Average wage, ex. benefits: $36, 106
Est. annual payroll: $36 million
Indirect jobs created: 631
Est. annual payroll: $17 million
Est. annual retail spending: $15.9 million
Sales tax generated: $1.1 million
Residential property tax revenue: $1.35 million
Local additional industry
Property tax revenue: $1.37 million
Source: Economic Impact Analysis, Tennessee Valley Authority, 2010