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Point Broadband of Alabama, LLC has decided to relocate its headquarters to Opelika. The city council voted to approve an agreement with the company following a public hearing. The move is expected to create an additional 25 jobs in Opelika, and the city will provide financial incentives to the company which may cash incentives, performance incentives, tax abatements and tax exemptions.
Chief General Council for Point Broadband, Chad Wachter said that the company discussed the significance of the acquisition of the OPS One in November 2018. “It was a really early significant milestone when we reached the agreement with Opelika to purchase OPS system,” Wachter said. He was complimentary of the support that Point has received from the city over the past few years. “Frankly, the city of Opelika does a tremendous job of supporting us and we try to support them.” When asked about why the decision was made to relocated to Opelika, Wachter said, “A lot of our people are here, and it is a centralized location for us. We have a great relationship with the city, and it just made a lot of sense.”