To develop and maintain an economic environment which creates and retains jobs and enhances the quality of life for all citizens in Gibson County and West Tennessee
About Our Industrial Development Board
The Dyer Industrial Development Board, by virtue of the Industrial Development Corporation Act of Tennessee, is in place with the purpose of acquiring, owning, leasing and disposing of properties; moreover, the board will promote industry and to develop trade by attracting manufacturing and industrial enterprises in an effort to enhance employment and economic growth for its’ citizens.
The Industrial Development Board works in tandem with local, state, and federal partners in support of these objectives.
The Industrial Development Board also acts as a recipient and administrator of various grants and low-interest loan programs available thru federal, state and Tennessee Valley Authority programs. In addition, it serves as a non-recourse conduit lender for taxable or tax-free financing thru loans or industrial bond issues for qualifying industries.
In addition the Industrial Board administers, on behalf of the City of Dyer, a tax abatement or payment-in-lieu-of-tax program for industrial real and personal property.
The objective of our board is to foster the growth of jobs and investment opportunities throughout Dyer County. A joint venture between the county and city governments, our Board consists of seven members whose activities are coordinated by the Chair of the Board.
We work closely with state, federal, and local authorities to bring a united recruitment front to all potential projects, and negotiate with partners to provide significant incentives for expansion, establishment, and relocation of businesses on behalf of Dyer Tennessee
The purpose of the Industrial Development Board is to stimulate, promote, and assist in the location and development of new industries and business enterprises as well as furthering the continued expansion of our celebrated existing industries.