In 1994, a group of forward thinking citizens from the Scottsville area, saw the need for creating an organization working under Kentucky statutes, that could work with existing, and attract new, industries to the city and county. Taking into account the concerns and visions of both municipal and county interests, a unique incorporation was formed.
The track record of the organization has been stellar, attracting new business such as JM Smuckers, the Halton Company, and working with companies like Sumitomo to expand existing operations over their short history.
Members of the IDA, working with federal, state and local officials over a period of time were successful in lobbying for and garnering a new four lane highway (231) between Scottsville and Bowling Green, Kentucky.
Today, with the addition of a Director of Economic Development, Johnny Hobdy, the corporation is actively seeking opportunities to expand the employment base of the community. The current chairman of the Industrial Authority is Jordan Clarke.