It means a larger piece of the economic pie for Walker County. Clark-Cutter-McDermott company has decided to set up shop in LaFayette.
"The anticipation as far as job creation with this company is around 50, they are hoping to do that within 24 months. They are going to be investing about three million dollars in new equipment and the facility to bring it back on line," said Larry Brooks with the Walker County Development Authority.
CCM will be an automotive supplier to the Volkswagen plant in Chattanooga, which means the VW footprint is finding a foothold in North Georgia.
"We were told that it would take some time before the auxiliary companies would come on line and that is the timeline that we were told about three or four years out and that is holding true. So yeah we're glad that it is finally starting to happen," said Brooks.
This news comes on top of the Roper Corporation's announcement that they will expand its LaFayette plant to the tune of 88 million dollars. Now with the addition of CCM, it means a jump start to the once flagging economy.
"We are working hard to create opportunities. We know that a lot of people have struggled through the economic downturn but a a little bit of patience and a little bit of prayer have finally started to pay off so we are excited about these opportunities," said Brooks.
The county is in talks with another company to bring their business to the area, when that happens, officials will have to pitch a new Industrial park located in Noble.
"We are going to a Special Purpose Local Option Sales Tax referendum in November and I'd to put that on there and let the people have an opportunity to see what we need and to vote on that so that for the next 50 years we will have a place to put new industry should it look to Walker County," said Walker County Commissioner Bebe Heiskell.
The negotiations to bring another manufacturer to Walker County have been dubbed Codename: Eagle by officials. They hope to have news on those efforts soon.
In addition, a couple of other area auto suppliers, Nissin Brake and Unique Fabricators are making plans to expand as well.