Thomasville and Denton Receive Infrastructure Authority Grants PDF Print E-mail
Local Government
By Administrator   
Monday, 11 May 2015 05:35

RALEIGH, (SGRToday.com) - The North Carolina Rural Infrastructure Authority (RIA) has approved Community Development Block Grant funds for two North Carolina cities and one  county. They are:

-- City of Thomasville, Davidson County: $120,000 loan for North American Implements Company to support the reuse of a vacant industrial building. The company will invest $750,000 in the renovation and for new equipment and has committed to creating six new, full-time jobs.

-- City of Thomasville, Davidson County: $240,000 loan for Y&Y Hardwood Company to support the reuse of an industrial building vacant for ten years. The company will invest $3 million in renovating and equipping the building, creating 12 new, full-time jobs.

-- Town of Denton, Davidson County: $131,250 to construct a pump station and sewer force main to allow Century Hosiery to expand at its current site. Century Hosiery has committed to creating 11 full time jobs at the Denton plant.

-- Sampson County: $500,000 to provide public sewer service to a proposed manufacturing plant to be constructed by Kansas City Sausage Company. The company has committed to creating 50 new full time at the new plant.

 
Copyright 2011 - All Rights Reserved
3012 Highwoods Blvd., Suite 200
Raleigh, NC 27604
Telephone: (919) 790-9392