Thomaston-Upson Development Authority
The Thomaston-Upson Development Authority (TUCIDA) is a government industrial development authority in Thomaston, Georgia that recruits manufacturing and industrial companies to relocate or expand in Upson County by offering development-ready industrial parks, performance-based incentives, and bond financing.
- Company typePrivate
- Founded1964
- HeadquartersThomaston, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Thomaston-Upson Development Authority firmographics
Firmographics- Name
- Thomaston-Upson Development Authority
- Legal name
- Thomaston-Upson Industrial Development Authority
- Website
- https://thomastonupsonida.com
- Company type
- Private
- Founded year
- 1964
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- The Thomaston-Upson Development Authority (TUCIDA) is a government industrial development authority in Thomaston, Georgia that recruits manufacturing and industrial companies to relocate or expand in Upson County by offering development-ready industrial parks, performance-based incentives, and bond financing.
- Ownership category
- akta.pro rank
Thomaston-Upson Development Authority industry classification
Industry- Product category
- Economic Development Services
- SIC
- Services-Facilities Support Management Services (8744)
- akta.pro primary industry
- Industrial Park Owners Association Management (BPAJAHAH)
- akta.pro secondary industries
- Incumbent Worker Training & Upskilling (EDAAAOAE), Job Placement, Matching & Career Navigation Services (EDAAAOAL)
Keywords
Where Thomaston-Upson Development Authority is headquartered
LocationHeadquarters
- HQ city
- Thomaston
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Thomaston-Upson Development Authority business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Bond Issuance Financing: The IDA serves as a conduit for bond issuance to support industrial expansion. Companies approach the IDA for bond financing, and upon approval, receive property tax abatement contingent on meeting employment and capital investment commitments. Examples include $12 million bond for Standard Textile and nearly $1 billion bond for Brightmark.
- Industrial Land/Building Sales and Leases: The IDA owns two industrial parks and sells or leases land/buildings to prospective industries. Land sales include 100 acres to Brightmark for $2.5 million.
- Property Donations: The IDA facilitates property donations for economic development purposes, such as the building donation by Scott Blackstock that enabled Crown Technology's acquisition.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Thomaston-Upson Development Authority product offering
Product offeringCore offering
The Thomaston-Upson Industrial Development Authority (TUCIDA) recruits manufacturing and industrial businesses to relocate or expand within Upson County, Georgia, by offering development-ready industrial parks, bond issuance financing, property tax abatements, and a coordinated single point of contact for site selection and project planning. The authority owns and manages two industrial parks (Central Georgia Business and Technology Park and Thomaston Upson Industrial Park) and negotiates performance-based incentive packages tied to job creation and capital investment commitments.
Product overview
The Thomaston-Upson County Industrial Development Authority (TUCIDA) functions as a regional economic development agency rather than a product company. Its core 'offerings' consist of industrial real estate (Central Georgia Business and Technology Park and Thomaston Upson Industrial Park), incentive negotiation services, and workforce development support. The two industrial parks provide development-ready land and buildings with full utility infrastructure, while the incentive programs include Federal Qualified Opportunity Zones, Tier 2 Job Tax Credits, New Market Tax Credits, and Freeport Exemptions. TUCIDA serves as a single point of contact for businesses looking to start, expand, or relocate to Thomaston-Upson County, Georgia, coordinating with state partners and providing site assistance throughout the project lifecycle.
Differentiator
Problem solved
Functional benefit
Products and services
- Central Georgia Business and Technology Park A 240-acre GRAD (Georgia Ready for Accelerated Development) certified industrial park featuring complete utility infrastructure (12-inch water main, 8-inch sewer main, 6-inch gas line, Windstream fiber) and a master plan for industry construction. Available for sale or lease to manufacturing and industrial businesses seeking development-ready sites.
- Thomaston Upson Industrial Park A proven industrial park with existing tenants (Southern Company, Solutions Pest & Lawn, Criterion Technologies, Chief Manufacturing), featuring 12-inch water main, 4-inch natural gas line, 6-inch sewer, and Federal Opportunity Zone designation with Tier 2 Job Tax Credit Ranking. Properties available for sale or lease within the park.
- Business Recruitment & Site Assistance Single point of contact service for information, proposals, planning, and site assistance that helps businesses find the right combination of factors to be successful in Thomaston-Upson County. Includes site selection support, incentive negotiation, and coordination with state and local partners throughout the project lifecycle from concept to completion.
- Workforce Development Services Coordination and access to regional workforce pools experienced in advanced manufacturing, with partnerships enabling customized training programs through Southern Crescent Technical College and Georgia QuickStart. Supports new and expanding industries with tailored workforce solutions including the Flint River Campus Industrial Training Center.
- Highway 19 Corridor Retail Opportunities Retail and commercial development opportunities along the Highway 19 Corridor in Thomaston-Upson County, a four-lane traffic artery ideal for restaurants and retail establishments. Supports retail expansion to increase county tax digest.
- Bond Issuance Financing Conduit bond issuance service supporting industrial expansion, with property tax abatement contingent on meeting employment and capital investment commitments. Examples include $12 million bond for Standard Textile and nearly $1 billion bond for Brightmark.
Quantifiable outcome
- 400,000 tons plastic repurposing capacity from Brightmark facility
- +3 more outcomes
Companies that use Thomaston-Upson Development Authority
Customer profileNamed customers14 records
Segments3 records
Ideal customer profiles2 records
Thomaston-Upson Development Authority technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Thomaston-Upson Development Authority partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and minor.
- Georgia Department of Economic DevelopmentcoreState-level economic development agency providing resources, incentives, and coordination for businesses looking to locate or expand in Georgia. Core partner in the state's economic development network.
- Georgia Power CompanycoreUtility company and economic development partner providing infrastructure support and site selection resources for industrial prospects.
- Southern Crescent Technical CollegecoreProvides workforce training through the Flint River Campus with $8 million Industrial Training Center. Offers custom-designed training programs through Georgia's QuickStart program for new or expanding industries.
- Georgia QuickStartcoreAward-winning workforce training program that can custom-design training programs for new or expanding industries in partnership with Southern Crescent Technical College.
- Thomaston-Upson County Chamber of CommercecoreLocal chamber supporting business community and economic development initiatives in Thomaston-Upson County.
- Upson County Board of CommissionerscoreCounty government partner providing local support and coordination for economic development projects.
- City of ThomastoncoreMunicipal government partner collaborating on infrastructure improvements and economic development initiatives.
- Upson Regional Medical Centercore115-bed healthcare facility with over 40 active physicians, providing quality healthcare services that support quality of life for the workforce.
- CaterParrott RailnetcoreRail operator providing freight rail service from Thomaston with interchange to Norfolk Southern in Barnesville, supporting manufacturing and distribution logistics.
- Select GeorgiacoreStatewide site selection and business development resource coordinated with the Georgia Department of Economic Development.
- Georgia Department of LaborminorState agency providing workforce services including hiring assistance and labor market information.
- Georgia Department of Community AffairsminorState agency administering community development programs and incentive programs including Federal Opportunity Zones.
- Thomaston-Upson County School SystemminorK-12 school system with 6 schools, 4,671 students, 91.6% graduation rate. 18,000 SF Agriculture Center supports workforce development.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Thomaston-Upson Development Authority competitors and assessment
Company assessmentRegional players
- Hall County (Greater Hall County Chamber) Economic Development: A north Georgia industrial recruitment organization centered on Gainesville with established manufacturing clusters (automotive, food processing). Competes for the same industrial project types in the broader Georgia market.
- Jackson County Industrial Development Authority: A northeast Georgia county IDA with a substantially larger and more diversified industrial recruitment operation. Operates as a regional competitor for the same industrial recruitment deal flow but with stronger Atlanta-adjacent positioning.
Direct peers
- Coweta County Industrial Development Authority: A nearby Georgia county IDA focused on industrial recruitment and expansion with comparable infrastructure assets and the same QuickStart workforce training access. Competes with TUCIDA for manufacturing tenants along the I-85 corridor.
- Macon-Bibb County Industrial Authority: A central Georgia IDA operating industrial parks and incentive programs at greater scale than TUCIDA. Competes for the same mid-sized industrial and logistics tenants in middle Georgia.
- Spalding County Industrial Development Authority: An adjacent Georgia county IDA with industrial park inventory and incentive programs targeting manufacturing recruitment. Direct geographic peer and active competitor for the same industrial prospect pipeline.
- Carroll County Economic Development Authority: A neighboring west-central Georgia county IDA competing for the same pool of industrial relocations, with a similar mix of incentive programs and industrial park inventory. Directly comparable in mandate, tools, and competitive set.
- Monroe County Industrial Development Authority: A central Georgia county IDA focused on industrial recruitment and expansion. Comparable mandate and toolset to TUCIDA, with a smaller industrial park base but similar rural-county positioning.
Others
- Georgia QuickStart (Technical College System of Georgia): Georgia's state-funded workforce training program that partners with TUCIDA to deliver custom training for new and expanding industries. An ecosystem enabler rather than direct competitor, but a comparable economic-development-adjacent organization.
Broad incumbents
- Georgia Department of Economic Development: The state-level economic development agency that coordinates site selection, incentives, and recruitment across Georgia. It is a direct strategic partner of TUCIDA and serves a functionally analogous recruitment/expansion role at the state level.
- Select Georgia (Georgia Department of Economic Development): The state's site selection and business development program coordinated with GDEcD; explicitly a strategic partner of TUCIDA. Operates as a state-level overlay on local IDA recruitment efforts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Thomaston-Upson Development Authority social profiles
Digital presenceThomaston-Upson Development Authority financial estimates
Financial estimateRevenue estimate
Valuation estimate
Thomaston-Upson Development Authority leadership team
Management profileNumber of profiles
Profiles2 records
Thomaston-Upson Development Authority funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Thomaston-Upson Development Authority M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Thomaston-Upson Development Authority
What does Thomaston-Upson Development Authority do?
The Thomaston-Upson Industrial Development Authority (TUCIDA) recruits manufacturing and industrial businesses to relocate or expand within Upson County, Georgia, by offering development-ready industrial parks, bond issuance financing, property tax abatements, and a coordinated single point of contact for site selection and project planning. The authority owns and manages two industrial parks (Central Georgia Business and Technology Park and Thomaston Upson Industrial Park) and negotiates performance-based incentive packages tied to job creation and capital investment commitments.
Is Thomaston-Upson Development Authority a public or private company?
Thomaston-Upson Development Authority is a private company. It is classified as state government owned and is currently operating.
When was Thomaston-Upson Development Authority founded?
Thomaston-Upson Development Authority was founded in 1964. It employs 1 to 10 people.
Where is Thomaston-Upson Development Authority based?
Thomaston-Upson Development Authority is headquartered in Thomaston, United States, in the North America region.
How does Thomaston-Upson Development Authority make money?
Three revenue lines are on record. Bond Issuance Financing is the primary driver. The others are industrial Land/Building Sales and Leases and property Donations.
Who are Thomaston-Upson Development Authority's main competitors?
Regional players on record are Hall County (Greater Hall County Chamber) Economic Development and Jackson County Industrial Development Authority. Direct peers are Coweta County Industrial Development Authority, Macon-Bibb County Industrial Authority, Spalding County Industrial Development Authority, Carroll County Economic Development Authority and Monroe County Industrial Development Authority. Georgia QuickStart (Technical College System of Georgia) is listed as an others. Broad incumbents are Georgia Department of Economic Development and Select Georgia (Georgia Department of Economic Development).
Does Thomaston-Upson Development Authority have an API?
No public API is recorded for Thomaston-Upson Development Authority.
What industry is Thomaston-Upson Development Authority in?
Thomaston-Upson Development Authority's product category is Economic Development Services. Its primary akta.pro industry code is BPAJAHAH, Industrial Park Owners Association Management, with a secondary code of EDAAAOAE, Incumbent Worker Training & Upskilling. Its SIC code is 8744.