On Friday afternoon, the St. James Salutators congregated at DODA in St. James for a ribbon cutting on their new building. DODA was started by Aldo Doda in Italy when they created the first ever vertical chopper pumps to mount on slurry tankers. Fast forward to present day, the company has moved to the United States and designs, produces, installs, and maintain pumps, mixers, aerators, biogas mixers, separators, umbilical equipment and cleaning systems.
Back in October of 2015 DODA purchased a lot to the north of their original lot. The St. James EDA offered tax increment financing and the land was purchased for $1. The TIF agreement is for a nine year period and has the potential to generate $433,595 in subsidy for DODA, depending on the actual amount of taxes paid, according to EDA director Jamie Scheffer. This parcel of land was purchased in order to build an additional structure that is larger than the original building.
For more information please see the May 25 print edition of the St. James Plaindealer.