Governor Josh Stein has announced a $126 million investment along with 96 new jobs for rural North Carolina, including Hendersonville.
According to a news release, as a result of the grants, investment in the funded projects is expected to exceed $126.2 million from private and public sources.
BORGWARNER EXPANDING SITE IN HENDERSONVILLE, ADDING NEARLY 400 JOBS
“North Carolina’s small towns continue to attract investment because they are great places to live, raise a family, and do business,”Stein said in a news release. “Thesegrants contribute to our state’s positive momentum by making necessary infrastructure improvements that will bring good-paying jobs and help communities thrive.”
Hendersonville has received a grant from the Building Reuse Program, which provides local governments with grants to renovate vacant buildings, renovate and/or expand buildings occupied by existing North Carolina companies, and renovate, expand, or construct health care facilities that will lead to the creation of new jobs in Tier 1 and Tier 2 counties, as well as in rural census tracts of Tier 3 counties.
According to the release, Hendersonville has received a $1,862,000 grant to support infrastructure improvements at BorgWarner.
Upgrades to the facility will include a 20,000-linear-foot looped extension of a 12-inch water main. The looped extension is expected to enhance available fire flow for the sprinkler system and provide service continuity by establishing a redundant water feed to the site, according to the release.
BORGWARNER TO CREATE NEARLY 200 JOBS WITH NEW HENDERSONVILLE FACILITY
As previously reported, BorgWarner is expected to bring 378 new jobs to Henderson County by expanding its Hendersonville facility by 140,000 square feet, increasing its footprint from 220,000 square feet to 360,000 square feet.
Other projects in rural North Carolina include:
The Building Reuse Program is divided into two categories: the Vacant Building Category, which the City of Lexington, Gaston County and Rockingham County received. The Rural Health Category is the second category, which the Town of Taylorsville received.
The Industrial Development Fund Utility Account program, which Caldwell County received
The Rural Downtown Economic Development program is divided into two categories: Public Buildings, which the Town of Badin received, and Public Infrastructure, which the City of Asheboro received.
STORY & PHOTO COURTESY OF ABC 13 WLOS.
