04/03/19 – Local plant may add 125 jobs

Posted on: April 3rd, 2019 by admin

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April 3, 2019

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By: Guy Lucas

glucas@newstopicnews.com

 

A manufacturer is considering a major expansion that could bring up to 125 new jobs to Caldwell County over three years.

 

The company has been publicly identified only as Project Revolution because it is applying for a type of state grant for which the governor’s office requires confidentiality until it announces the grant recipients, said Deborah Murray, the executive director of the Caldwell County Economic Development Commission. Information provided to the Caldwell County Board of Commissioners said the company “has operations in other parts of the state and in other states across the country.”

 

“This company is long-established in Caldwell County,” Murray said.

 

Corporate officials are considering how much to expand and where in the country to expand operations, and incentives offers will be a factor, Murray said. The company could invest up to $8 million in the expansion, she said.

 

The county commissioners approved offering job-creation incentives of $2,000 per job created, up to a total of $250,000. Job-creation incentives are not paid until after documentation that a job has been filled and maintained for a certain period.

 

The company also is applying for a second state grant to help pay for renovations to its existing facilities.

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