In 1996, James Ogle strategically acquired the former Huyck Felt manufacturing facility in Aliceville, Alabama—a 103-acre industrial site with direct frontage on the Tennessee–Tombigbee Waterway and a 204,000-square-foot factory building. The facility was once a major regional employer, producing paper-machine felts before operations were discontinued. The asset's strategic location, infrastructure, and scale later supported its redevelopment potential. In 2011, the property was acquired by The Westervelt Company for conversion into a wood-pellet fuel production facility—demonstrating IDC leadership's ability to identify undervalued industrial assets and position them for their highest and best use.

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