
The Shoals EDA: Partnerships & Powerful Outcomes
Economic development is a crucial aspect of any region’s growth and prosperity, and partnerships play a vital role in fostering sustainable progress. Here in The Shoals, we are fortunate to have many top-tier partners who frequently bring their best to the table. A great example of partnerships at work is Governor Ivey’s recent grant announcementthat the Florence-Advantage site will receivefunding under the new Site Evaluation and Economic Development Strategy Act (SEEDS).To better understand how this came about, let’s travel back to the beginning. Situated within the prestigious Florence-Lauderdale Industrial Park, the Florence-Advantage Site stands as a testament to strategic planning and collective effort. Established as the oldest and most renowned industrial park in Lauderdale County, boasting over 50 thriving industries and a record capital investment exceeding $300 million, it symbolizes our community’s commitment to progress. In 2012, the Shoals Economic Development Authority (Shoals EDA) seized an opportunity for expansion by acquiring the approximately 160-acre Florence-Advantage Site. This strategic move aimed to bolster the Industrial Park’s footprint and streamline the site’s marketing process for prospective projects. Even preceding this acquisition, the Shoals EDA, alongside the Florence-Lauderdale Expansion Committee and Industrial Development Board, had collaborated to designate the site as an Economic Development Partnership of Alabama Advantage Site back in 2009. The history of the Florence-AdvantageSite is clear: with site




