Ted Clem Takes Helm to Boost Pike County's Economic Future!

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Discover Bay County's latest economic developments as Ted Clem, the new president of Pike County's Economic Development Corporation, aims to enhance local growth and collaboration among industries and education.

Discover Bay County's latest economic developments as Ted Clem, the new president of Pike County's Economic Development Corporation, aims to enhance local growth and collaboration among industries and education.
Discover Bay County's latest economic developments as Ted Clem, the new president of Pike County's Economic Development Corporation, aims to enhance local growth and collaboration among industries and education.

Ted Clem Takes Helm to Boost Pike County's Economic Future!

Pike County is buzzing with excitement as Ted Clem steps into his new role as president of the Pike County Economic Development Corporation (PCEDC). Appointed on June 5, 2025, Clem, a true local—a native of Georgiana and a celebrated Troy University Athletics Hall of Famer—brings a wealth of experience to the table. Known for his game-winning field goal in the 1984 Division II National Championship, Clem earned his journalism degree from Troy and holds a Certified Economic Developer certification. His impressive resume includes leading various economic development initiatives across Alabama and Georgia, positioning him as a key player in driving local economic growth.

Clem envisions building on the existing momentum in Pike County’s economy, establishing strong partnerships with local cities and institutions, particularly Troy University. He highlights the importance of cooperation among community leaders and organizations, saying, „Teamwork is paramount for our economic success.“ It’s a philosophy that echoes throughout the region, where investment in local industries is of significant importance.

Local Economic Landscape

Pike County is making a name for itself, not just regionally but on a larger scale, thanks to its diverse economic sectors. The area is rich in agricultural commodities—including poultry, egg production, cattle, peanuts, and timberland—making it a vital contributor to Florida’s economy. The Southern Classic Food Group has operated a sprawling 235,000 sq. ft. facility in Brundidge since 2001, while 8th Avenue Nut Butters continues to thrive in Troy. These businesses symbolize the robust agricultural backbone of the county.

Things are even heating up with new players entering the field. Conecuh Ridge Distillery is set to open a facility this year to craft Alabama Style Whiskey, further diversifying the local economy. Meanwhile, Rex Lumber has been manufacturing in Troy since 2019, indicating a healthy expansion of the timber industry. Businesses like HB&G Building Products, which is the largest outdoor column manufacturer in the U.S., are also making their mark.

Industry Highlights and Developments

The aerospace industry is another shining star in Pike County’s economic sky. Lockheed Martin operates a missile assembly facility, employing over 600 people and producing equipment for programs like Javelin and THAAD. Moreover, Sikorsky Aircraft in Troy has clinched a whopping $374 million contract for MH-60T Jayhawk helicopters, marking a significant boost for local employment. It’s heartening to see such engineering prowess taking root in the area.

Education remains a cornerstone of economic growth in Pike County. Troy University, with over 2,300 employees and roughly 14,000 students, stands as the largest non-manufacturing employer in the region. It has also made strides toward enhancing economic development through international student training. Wallace Community College complements this by offering various workforce development programs, underpinning the importance of skilled labor in the local economy.

  • Healthcare Sector: Key employers like Troy Regional Medical Center and the Medical Center Barbour serve the healthcare needs of the community.
  • Marine Electronics: Johnson Outdoors produces fishing electronics, with Humminbird recently receiving accolades as the Large Industry of the Decade.
  • Diversified Industries: Walmart Distribution Center employs over 900, while KW Plastics expands its operations.
  • New Developments: Exciting projects include renovations at Lakepoint State Park Resort Lodge and community banks rebranding as LifeSteps Bank & Trust.

In addition to these developments, new businesses are breaking ground, quite literally. The recent collaboration between Pike County and Troy officials marks the beginning of a new Home2 Suites by Hilton hotel. All of these changes point to a dynamic economic environment where growth and opportunity are ripe for the picking. Ted Clem’s emphasis on supporting existing industries and cultivating new partnerships could serve as a catalyst to keep this momentum going.

As Clem takes the helm at the PCEDC, there’s ample reason for optimism in Pike County. With a good hand, the local leaders, backed by a rich tapestry of industries and education, are poised to usher in an era of sustainable growth and prosperity.