VIDALIA — Local officials say a company that could create 400 jobs has committed to locating in Vidalia, but they’re keeping mum about just who it is.

Vidalia Mayor Hyram Copeland said the company made the commitment Wednesday, and the 400 jobs it is looking to create will be created over a 10-year time span.

He also said the company is looking to locate in the first Vidalia industrial park, next to BASF.

Part of the reason the city and the company aren’t willing to go public with the company name is because some of the details of an incentive package the city is putting together are still being ironed out, Copeland said.

“It is not that we want to keep secrets, it is that we don’t want anything to go wrong,” Concordia Economic Director Heather Malone said.

As part of the incentive package, the city has requested to go before the state bond commission, and Copeland said the bond hearing for the matter will be in August.

The agreement will be similar to the public-private partnership between the city and Louisiana Elastomer, and Copeland said the city will work with the state Department of Economic Development for infrastructure grants.

The company has projected an annual payroll of approximately $15 million, Malone said.

“That’s huge for our area,” she said. “Of course, that is a gradual increase over the years, but that (time) is what we need to prepare our workforce.”

The initial investment the company will make in the area will be approximately $3 million, including its building, road and infrastructure construction, Copeland said.

The company is looking to make the move into the new Vidalia facility — which will be approximately 36,000 square feet — as quickly as possible, Malone said.

“They are hoping to get something up within eight to 10 months,” she said.

Having another company locate in the first Vidalia industrial park will hopefully help further expand development in the remaining 65 acres in that park, and perhaps attract other companies to the second industrial park, Copeland said.

“This is what we need,” he said. “When you get five or six or seven small plants, it doesn’t hurt you as much if one of them closes.”

Already located in the first Vidalia industrial park are BASF and Fruit of the Loom.