The Richmond Industrial Development Corporation is Advancing Industry and Elevating Richmond

The Richmond Industrial Development Corporation (RIDC) serves as the City of Richmond’s dedicated arm for industrial and business growth. Established in 1995 under the Kentucky Nonprofit Corporation Act, RIDC operates as a non-profit, non-stock corporation governed by an eleven-member Board of Directors.

Focused on Business Growth and Retention

RIDC works directly with industry leaders and site selectors to identify, prepare, and market land ready for development. We maintain a comprehensive inventory of available sites and buildings, enabling companies to find the correct location for efficient operations and future expansion.

Our team actively supports existing businesses through:

• Retention and Expansion Initiatives that strengthen local industry and sustain long-term growth
• Targeted Support for Employers to help companies scale while preserving Richmond’s strong industrial base
• Coordinated Development Efforts with city leadership, utility providers, and workforce partners to keep projects on schedule and within budget

Building a Stronger Economic Base

RIDC’s role extends beyond property development. We provide reliable data and community information to organizations considering relocation or expansion in Richmond. Our emphasis on industrial and manufacturing growth contributes to job creation, an expanded tax base, and an improved quality of life for all residents.