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Public Hearing - RE: Commissioner Keigher - EDC - To Approve a Gaston County Level Four Incentive Grant Pursuant to N.C. Gen. Stat.158-7.1 and To Authorize Gaston County to Enter into an Economic Development Agreement (EDA) with Project Rock & Roll
1. Receive Citizen Comment
2. Close Public Hearing
3. Accept Motion to Approve Resolution
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STAFF CONTACT
Donny Hicks - Economic Development Commission - 704-825-4046
BUDGET IMPACT
budget
No additional County funds.
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BUDGET ORDINANCE IMPACT
N/A
BACKGROUND
Project Rock & Roll is considering a total investment of $90 million to expand an existing facility in Gaston County, to include the purchase and installation of machinery & equipment, with the expectation to complete this investment on or before December 31, 2023 and the firm intends to create 11 new jobs and retain 100 existing jobs, expecting to pay an annual wage in excess of the County average.
POLICY IMPACT
N/A
ATTACHMENTS
Resolution