Madison County Commission Enters Final Agreement with Remington
MADISON COUNTY, Ala. (WHNT) — Madison County is now one step closer to hosting America’s oldest gun manufacturer, Remington. The County Commission sealed the deal Wednesday on their final obligation with the firearms company.
It was a secondary agreement that truly finalizes the deal in teaming with partners here in North Alabama. “Two million was in on the original package and this million will be with it,” said Madison County Commission Chairman Dale Strong. “A package we’re doing through the Industrial Development Board that included Athens, Limestone, Morgan, and Madison Counties.
Strong told WHNT News 19 that this final agreement is just the icing on the Remington cake. “This right here is part of the package we had already committed but it was a separate package and a separate deal,” he said.
This money was part of the original agreement, but it was set in a different account and committed for when Remington met employment goals. Madison County contributed $1,000,000. The City of Athens and Limestone County both put up $500,000, and Morgan County contributed $1,000,000.
“This money will be placed for the Industrial Development Board and as employment numbers are met, because we’re trying to accelerate this hiring even faster,” said Strong. “This ensures that those hires will occur.”