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Lexington and Thomasville have received state grants that will allow two local companies to renovate and expand existing buildings, creating a total of 51 new jobs in Davidson County.
In addition, a grant given to Randolph County will help a Davidson County company in Denton expand and add 19 jobs.
According to a press release from the N.C. Department of Commerce, the North Carolina Rural Infrastructure Authority has approved 14 grant requests to several N.C. governments totaling $2,979,648. The $2.9 million in funding is on top of more than $42 million already awarded this year, making 2022 a record year for RIA investment in rural North Carolina.
The requests include commitments to create a total of 494 jobs statewide, 128 of which were previously announced. The public investment in these projects will attract more than $295 million in private investment.
Details concerning the three local grants are:
• City of Lexington: A $130,000 grant will support the expansion of a building that is occupied by Childress Winery, LLC, which produces a broad range of over 30 wines. The company plans to expand its fermentation building by adding 26,000 square feet to the existing facility. This project is expected to create 20 jobs and attract a private investment of $5,001,500.
• City of Thomasville: A $155,000 grant will support the expansion of a building that is occupied by A.M. Haire Manufacturing and Service Corporation. The company, which designs, manufactures and markets truck bodies for the dry freight industry, plans to add 40,308 square feet to the existing facility. The project is expected to create 31 jobs, with an investment of $1,632,518 by the company.
• Randolph County: A $100,000 grant will support the expansion of a building in Denton that is occupied by Mid-State Trailers. The company, which manufactures a broad range of gooseneck, equipment hauling, deckover and utility trailers, plans to add 26,000 square feet to the existing facility. This project is expected to create 19 jobs, with a $427,829 investment by the company.
“When we use these infrastructure grants to help rural North Carolina thrive, we improve our whole state’s economic competitiveness,” said Gov. Roy Cooper. “We are strengthening local communities by making strategic investments in facilities and sites that will host good jobs.”
The North Carolina Department of Commerce’s team of rural economic development professionals supports the RIA’s work. RIA members review and approve funding requests from local communities.
“With these latest RIA grants, our rural programs have invested more than $87 million in rural communities this year, which helps us achieve another banner year for economic development in North Carolina,” said N.C. Commerce Secretary Machelle Baker Sanders. “These grants play a key role in creating jobs and attracting investment, and we are pleased to be able to partner with local governments to support their economic growth.”
For additional information about other grants awarded across the state by the N.C. Commerce’s Rural Economic Development Division, visit the Rural division webpage.
Jill Doss-Raines is The Dispatch trending topics and personality profiles senior reporter and is always looking for tips about businesses and entertainment events, secret and new menu items and interesting people in Davidson County. Contact me at jill.doss-raines@the-dispatch.com.
Read More: State grants will allow Davidson County businesses to expand, add 70 jobs
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