NC Rural Infrastructure Authority Awards Grants to Carolina Core Communities to Create 122 jobs
The North Carolina Rural Infrastructure Authority (RIA) has approved 17 grant requests to local governments totaling $5,710,255. These grants are for projects that have committed to creating 1,382 jobs and will attract more than $5 billion in private investment across the state. Five of these grants were awarded to Carolina Core communities.
1. Stokes County: A $200,000 grant will support the reuse of a 4,200 sq ft building located in Walnut Cove. Mitchell’s Meat Processing, which provides custom processing services to farmers, will create nine jobs with an investment of $1,136,470
2. City of Thomasville (Davidson County): A $175,000 grant will assist Imaflex, USA in expanding its current manufacturing facility. The company, which manufactures flexible packaging solutions for the industrial, agricultural, and consumer markets, plans to add 38,000 square feet to the building. Imaflex will create a total of 37 new jobs and invest up to $15 million in the overall project, while 24 jobs and an investment of $822,649 are tied to this grant.
3. Davidson County: A $300,000 grant will support the expansion of building in Lexington that is currently occupied by KURZ Transfer Projects, L.P., a developer and manufacturer of decorative and functional coatings for automotive components, cell phones, bank cards, and more. The company will add 21,000 square feet to the existing building, adding 41 new jobs while investing $24,826,500.
4. City of Asheboro (Randolph County): A $100,000 grant will help renovate a building currently occupied by PEMMCO Manufacturing. The precision machining company will add 15,000 square feet to the existing facility, creating 18 new jobs while investing $1,623,990.
5. Guilford County: A $300,000 grant will support the reuse of a vacant, 4,912-square-foot building in Jamestown. Bethany Medical, an independent healthcare group that provides a multi-specialty approach for the prevention and intervention of potentially life-threatening health problems, will establish operations at this site. This project will create 30 new jobs, with an investment of $1,413,038 by the company.
The Rural Infrastructure Authority is a 17-member board that awards Rural, Community Development Block Grant (CDBG) and Utility grant funds.