Rumors have been circulating around the community about possible development at the county industrial park, and although officials are being tight-lipped, there is a proposal on the table.

During last week’s Lafayette County Board of Supervisors meeting, Jon Maynard, president and CEO of the Oxford-Lafayette County Economic Development Foundation and Chamber of Commerce, met in executive session with the board to discuss an “economic development project proposal for the Max D. Hipp Lafayette County Industrial Park,” according to board attorney David O’Donnell.

“The Economic Development Foundation has received a proposal for a site in the industrial park by a prospect and they want to discuss that with the board in executive session,” O’Donnell told board president Jeff Busby.

The board returned from executive session without taking any action on the proposal.

Maynard said later in the week, “the EDF will not discuss active projects. We will make formal announcements when the prospect authorizes us to release information.”

Roughly 200 of the 450 acres are available at the industrial park, which currently has eight tenants, including Caterpillar, Winchester Rim Fire and Winchester Center Fire, SWM Company, Elliot Lumber Company, MS Material Company and Ability Works.