A look at the details of the Polaris project w/site location map
Published 2:34 pm Friday, January 9, 2015
Here are some details about the Polaris project, as released by the Huntsville Chamber of Commerce:
• Polaris will build an advanced manufacturing plant on their new Huntsville campus in Limestone County, adding to the area’s advanced manufacturing base
• Polaris plans to bring up to 2,000 jobs to Huntsville over the next seven (7) years
• Company will make a capital Investment of approximately $142 million
• $15 million in local incentives to cover the cost of land and temporary office space—funded through regional partners
• Details including level of funding will be provided in late January—after all elected bodies vet the funding with their respective boards
• Polaris anticipates construction to begin by the start of the second quarter of 2015
• New Polaris manufacturing campus is expected to be completed and fully operational by 2017
• Average Polaris wage is $18/hour. This is averaged across all employees at the new campus
• The Alabama Industrial Development Training (AIDT) will handle all job applications. The Chamber will post a link on its website when appropriate
Economic Development partners include:
• State of Alabama
• City of Huntsville
• Limestone County
• City of Decatur
• Morgan County
• City of Athens
• Limestone County Economic Development Association (LCEDA)
• Tennessee Valley Authority (TVA)
• Industrial Development Board of the City of Huntsville (IDB)
• Huntsville Utilities
• Athens Utilities
• Limestone County Water and Sewer Authority
• AIDT
• Chamber of Commerce of Huntsville/Madison County