FARMINGTON IDA MISSION STATEMENT
To foster and encourage responsible economic development activities that result in job creation, healthy industry retention and an overall improved quality of life for the citizens of Farmington and surrounding communities.
The Farmington Industrial Development Authority was established over 30 years ago by local business leaders to encourage effective and responsible industrial recruitment and expansion. Since its inception, the Farmington IDA led the effort to acquire the Farmington Industrial Park and has been the lead development entity in siting every major industry in the community. Development assistance has included Missouri Chapter 100 Industrial Revenue Bonds exceeding $40 million, development of an incubator building that has provided rent subsidies for several start-up companies, build-to-suit leases, discounted land sales, technical assistance for State and Federal grant programs and much more!
The Farmington IDA Board of Directors is appointed by the Mayor and City Council and its membership includes community leaders representing all areas of commerce and industry including retail development, finance, manufacturing, information technology, healthcare, and education. The Board of Directors values its relationships with its existing industrial partners and is anxious to demonstrate our commitment to making your start-up, expansion, or relocation a success. The Farmington IDA understands the difficulties faced when planning a major business expansion and wants to help you reach your business goals.
Contact us when you are ready – “Because Success Needs a Partner”!
Farmington IDA Board of Directors
Harry “Chip” Peterson, President (President, In-Sight Partners)
Larry Pratt, Vice-President (President, Midwest Embroidery Supplies)
Dennis McIntosh, Secretary (President and CEO, Ozarks Federal)
Matt Sebastian, Treasurer (President, First State Community Bank)
Bruce Williams, Director (President, US Tool Group)
Ross Gordon, Director (President, Benees’)
Matt Ruble, Director (Superintendent, Farmington VII, School District)
Corey Gibson, Director (CEO, Lee Mechanical)
Tom Karl, Director (CEO, Parkland Health Center)
Keith Petty, Director (President, Midcom Technologies)