GETTYSBURG, PA (September 7, 2017) – Adams Economic Alliance (AEA) is the new umbrella name for three Adams County organizations—the Adams County Economic Development Corporation (ACEDC), the Adams County Industrial Development Authority (ACIDA) and the Adams County General Authority (ACGA). A new branding campaign incorporates the new name and logo, and was first unveiled to members and community leaders at an Investor Appreciation Reception the evening of September 7.
“The primary goal for comprehensively branding the three organizations together is to simplify our identity to the public,” says Robin Fitzpatrick, AEA President. “All three organizations deliver economic development services to the businesses and communities of Adams County. Now, we can be known collectively as one organization—Adams Economic Alliance.”
“Our services and commitment to the public remain the same—business retention, expansion, attraction and relocation,” Fitzpatrick says.
The concept and branding of the new Adams Economic Alliance was approved by all three boards of directors over the past month.
ACEDC is a private, 501 (c)(6) not-for-profit organization incorporated in 1989 as a result of a task force initiated by Adams County business leaders. The corporation is governed by a board of directors comprised of many local and regional community leaders from all sectors of industry. ACEDC’s mission is to improve the economy of Adams County while preserving and enhancing the quality of life by formulating, implementing and promoting economic development strategies for sustained investment and employment opportunities in Adams County.
ACIDA was created in 1998 by act of the Commissioners of Adams County, and capitalized by the Adams County Economic Development Corporation. The Authority is the leading agency authorized under Pennsylvania law to provide taxable and tax-exempt bond financing to manufacturing firms, 501(c)(3) organizations and federally defined exempt facilities that qualify for the tax-exempt financing program. All projects must qualify under federal tax laws and pass bond counsel approval.
ACIDA is intent upon assisting businesses with the creation of employment opportunities and expansion of the Adams County tax base, through financing, as well as spurring redevelopment. In 2013, through a partnership with the County of Adams, the ACIDA began a redevelopment project located in downtown Gettysburg, adjacent to the Lincoln Train Station. This property, formerly known as the REDDI Site, is currently recognized as the Gettysburg Station Project. The property is situated directly behind the Gettysburg Transit Center located on Carlisle Street and borders North Stratton Street. Demolition and remediation of the site is complete. The ultimate goal of the project, working in tandem with the Adams County Office of Planning & Development and Borough of Gettysburg, is to make the site attractive for future development to occur.
ACGA was created in 2016 by the Commissioners of Adams County to establish another avenue or vehicle for tax-exempt lending, creating another pool of $10 million in bank-qualified financing available to Adams County businesses.
MEDIA CONTACT: KAREN HENDRICKS, HENDRICKS COMMUNICATIONS, 717-253-3553