It's been almost a decade in the making, but soon a new power company will soon break ground in Toomsboro. The new 23 acre business will add 78 jobs to the town of around 420.

Residents of Toomsboro say not a lot happens in their small town. "There's nothing here, basically like 3 businesses in the whole entire town," says Store owner Deena Thompson.

Thompson says building up the town's economy has been tough. "We use to have 5 or 6 stores here, and we're down to 1 now. It's been really bad," says Thompson.

Residents have been let down before when it comes to economic development. PT Power, a company that vaporizes tires to create energy, was suppose to be in Wilkinson County almost 10 years ago. Resident Chris Landrum says, "We really thought they had forgotten, and they wasn't going to build down here."

Thompson adds, "We got our hopes up at one time and then it kind of got shot down, and we never thought anything would come like this. We're happy it's coming."

The company will create 150 temporary construction jobs along with the 78.

Landrum says, "We're a small community. We don't have no industry in Toomsboro. It would be a big boost to the economy around here."

Toomsboro Mayor Roger Smith says, "We've totally embraced the idea of them coming." Mayor Smith adds, "EPD has certified this and given all the permits. I think we can rest confidently that things will go well."

Landrum says the company told residents it plans to hire local labor to build the business.

"They are going to hire people out of Toomsboro, out of Wilkinson County, and use the companies around here to grow the business," says Landrum.

Even though the factory will sit close to homes residents aren't worried.

Landrum says, "They told us that we wouldn't be able to smell nothing around here."

Residents say it's a welcomed project they can't wait to see.

"We need growth. We need growth in this side of the county, and I think this right here will be a great asset for our community," says Thompson.

Construction for PT Power will start at the end of the year. It is expected to be finished in 2014.