File #: 24-112   
Type: Resolution (Consent) Status: Passed
File created: 3/8/2024 In control: Economic Development Commission
On agenda: 3/26/2024 Final action: 3/26/2024
Enactment date: 3/26/2024 Enactment #: 2024-096
Title: Commissioner Keigher - EDC - To Authorize an Application to the NC Department of Commerce (NCDOC) for the One NC Grant Program on Behalf of Project Tuscany (Formerly Project Olive Tree)
Sponsors: Tom Keigher
Attachments: 1. Adopted 2024-096, 2. Resolution
Related files: 24-040

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Commissioner Keigher - EDC - To Authorize an Application to the NC Department of Commerce (NCDOC) for the One NC Grant Program on Behalf of Project Tuscany (Formerly Project Olive Tree)

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STAFF CONTACT

Alisha Summey - Economic Development Commission - 704-734-8997

BUDGET IMPACT
budget

N/A

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BUDGET ORDINANCE IMPACT

N/A

BACKGROUND

Project Tuscany is considering a total investment of $2,100,000 to expand its existing operations within Gaston County; Project Tuscany’s investment will result in 53 new jobs with an average salary of $52,657. This will potentially increase property and sales tax revenue based upon Project Tuscany choosing to retain its manufacturing plant in Gaston County.

POLICY IMPACT

N/A

ATTACHMENTS

Resolution