In particular for Vance County, $16,323 for water infrastructure improvements to assist an expanding refrigeration company. This award is in addition to a $32,038 grant the county received earlier this year. The new award will create one additional job, increasing the project’s total to five jobs.
The N.C. Rural Economic Development Center has awarded 24 grants totaling $3.4 million to create jobs, provide clean water and assist with economic development in rural counties. The grants will create 349 jobs and aid projects in 16 counties.
The center’s board of directors approved the grants on Aug. 22. The grants were made possible by appropriations of the N.C. General Assembly and state clean water bonds.
The board awarded 18 grants worth $2.6 million for projects that directly lead to job creation. Economic infrastructure grants enable new business locations or expansions through water and sewer improvements, broadband expansion, natural gas line extensions, construction of access roads and other infrastructure improvements. Building reuse grants prepare vacant buildings for use by job-generating businesses, support the expansion and renovation of occupied buildings if that work leads to new, permanent jobs in the manufacturing sector, and enable construction of health care facilities that create jobs. Read more.