North Carolina Construction News staff writer
The North Carolina Rural Infrastructure Authority (RIA) has approved nine grant requests totaling $2.2 million with a goal of attracting $49.5 million in private investment.
Funding comes from a variety of specialized grant and loan programs offered and managed by N.C. Commerce’s Rural Economic Development Division, for activities including infrastructure development, building renovation, expansion and demolition and site improvements.
“These communities will receive greatly needed infrastructure and building improvements to create more jobs and future investments to foster greater economic prosperity in all corners of the state,” said N.C. Commerce Secretary Machelle Baker Sanders.
The RIA approved:
- Cleveland County: $75,000 grant will support the reuse of a 237,000-sq. ft. building in Kings Mountain. The building will be occupied by ACTEGA North America, a manufacturer of specialty coatings and chemicals for the printing and packaging industries. This project is expected to create 12 jobs, with an investment of $8,524,014 by the company.
- Greene County: A $50,000 grant will support the reuse of a 6,300-sq. ft. building located in Snow Hill. The building will be the home of Heritage Family Health, which is a primary care facility for children and adults. The company will create five jobs and invest $210,000 in the project.
- Transylvania County: A $200,000 grant will support the reuse of a 41,000-sq. ft. building in Brevard. Textile manufacturer and woman-owned company, Siscovers Enterprises, Inc., will use the building to manufacture decorative bedding, pillows, curtains and futon covers. The company expects to create 26 jobs and invest $1,444,550 in the project.
Existing business building category
- Scotland County: A $125,000 grant will support the renovation of a 1-million-sq.-ft. building in Laurinburg. The building is currently occupied by Pilkington North America, Inc., a glass manufacturer for the architectural, automotive, and creative technology industries. Overall, this project is expected to create 20 jobs, with 14 jobs and an investment of $11,810,530 tied to this grant.
- Davidson County: A $100,000 grant will support the renovation of a 1-million sq.-ft. building occupied by EGGER Wood Products, LLC. in Linwood. The company is a manufacturer of wood-based materials for the furniture and interior design, flooring and building products industries. The company will create 21 jobs and invest $21,505,000 in the project.
- Duplin County: A $170,000 grant will support the renovation of a 150,000-sq. ft. building located in Faison. The building is the home of Cottle Strawberry Nursery, Inc., which supplies strawberry tips, plugs and bare root plants for growers. In this project, the company plans to add a new product line to its operation, creating 19 jobs while investing $1,677,000.
- Yadkin County: A $400,000 grant will support the renovation of a 128,000-sq. ft. building in East Bend that is occupied by Cross Technology, Inc., a provider of quality precision components, heat shrink products, wire harness assembly, and injection molding. The company expects to create 82 jobs and invest $3.4 million in this project.
- Town of Dillsboro (Jackson County): A $104,000 grant, which includes a previous award from February 2023, will support the completion of water system improvements to provide enhanced fire protection, water flow and pressure to serve The Jarrett House/Mount Beulah Hotel, an adjoining restaurant, and the Town of Dillsboro. The company plans to create 12 jobs, which represents an increase from the previous award, with an investment of $966,370.
- Craven County: A $1,077,694 grant will assist the county with the construction of an access road at the Coastal Carolina Corporate Aerospace Development Park in New Bern.
Visit the Rural Economic Development Division webpage for more information.