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CAIDC
CAIDC
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The Camden Area Industrial Development Corporation

CAIDC is a private, membership-based non-profit corporation. Its purpose is to encourage, foster and assist in the development or expansion of industrial businesses or concerns now existing or to be located in Ouachita County, Arkansas, or in close proximity thereto. CAIDC is not funded by taxpayer dollars; its budget is covered by rental incomes and member dues. CAIDC welcomes new members. Membership requires that you are a stockholder. Membership in CAIDC gives you a voice at the annual or called membership meetings and also makes you eligible to be elected to serve on the Board of Directors.

 

James Lee Silliman
Executive Director

OFFICERS:

Alan Dean, President
Dan Byars, Vice-President
Phil Foster, Treasurer
Peggy Abbott, Secretary


CURRENT BOARD OF DIRECTORS:

Peggy Abbott, Dan Byars, Mike Cash, Jim Coleman, Blake Fain, Chris Claybaker, John Dawson Sr., Alan Dean, Phil Foster, Mike Hesterly, Dr. Corbet Lamkin, Wallace Johnson, L.E. Lindsey, C.C. McAllister, Gary Oden, Norm MacNeill Ex-Officio.

 
The Road Traveled PDF Print E-mail

The Camden Area Industrial Development Corporation was incorporated as the Camden Industrial Development Corporation on July 29, 1955 under the auspices of the Camden Chamber of Commerce. The original mission being “to promote the agricultural and industrial development of the City of Camden and Ouachita County“. It operates as a separate 501C-4 organization.  The name was changed on February 16, 1994 to Camden Area Industrial Development Corporation.

Stock in the corporation was sold in order to raise funds to purchase land for development. This tract of land now houses the Molex building and the Arkansas Game & Fish Commission’s Camden regional office. The first speculative building built in this area was built by CIDC (CAIDC) for Holiday manufacturing corporation at the airport in the early 1960’s.

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What Does the Future Hold? PDF Print E-mail

It is the hope of the CAIDC that we will continue to be successful in helping to create jobs in the Camden area. On February 18, 2009, Phoenix Renewable Energy, L.L.C. announced its intention to locate both a biomass power production facility and a fuel pellet facility on approximately 37.11 acres of the old IP property. This represents an investment of approximately $110,000,000.00 in facilities by Phoenix.

The old IP property could soon experience its “rebirth” as the CAMDEN ENERGY & RENEWABLE RESOURCES PARK. CAIDC believes that it is well positioned to be a leader in attracting clean, renewable energy companies to make investments in Camden. It should be noted that the Phoenix project would not have been possible without the “team” effort of several entities including OPED, CAIDC and the CITY OF CAMDEN. CAIDC is optimistic about our area’s future, and we look forward to many more progressive years of service to Camden & Ouachita County.