Menu
ncarol.com
  • Home
  • Business
  • Financial
  • Stocks
  • Banking
  • Nyse
  • Finance
  • Yacht Buyer
  • Loans
ncarol.com

North Carolina: Governor Cooper announces Grants to Rural Communities to attract 446 New Jobs and more than $32 million in private investment
ncarol.com/10111422

Trending...
  • Diversified Roofing Solutions Strengthens Industry Leadership With Expanded Roofing Services Across South Florida
  • Conexwest Delivers Custom Shipping Container MRI Lab, Saving California Hospital an Estimated $9 Million in Renovation Costs
  • Atlanta Magazine Names Dr. Rashad Richey One of Atlanta's Most Influential Leaders in 2026 as the FIFA World Cup Approaches
The North Carolina Rural Infrastructure Authority (RIA) has approved 11 grant requests to local governments totaling $3,702,500, Governor Roy Cooper announced today. The requests include commitments to create a total of 486 jobs, 40 of which were previously announced. The public investment in these projects will attract more than $32 million in private investment.

"Rural Infrastructure grants help speed up recovery across our state," Governor Cooper said. "Stronger, more resilient buildings and water and sewer systems attract good jobs for North Carolinians and greater investment by innovative companies."

The North Carolina Department of Commerce's team of rural economic development professionals supports the RIA's work. RIA members review and approve funding requests from local communities. Funding comes from a variety of specialized grant and loan programs offered and managed by N.C. Commerce's Rural Economic Development Division, led by Assistant Secretary for Rural Development Kenny Flowers. Grants can support a variety of activities, including infrastructure development, building renovation, expansion and demolition, and site improvements.

"Through these new grants, we will help support the resiliency of North Carolina's rural areas, so that they can attract jobs and build for the future," N.C. Commerce Secretary Machelle Baker Sanders said. "Our Rural Economic Development Division and the RIA are proud to continue working with local communities to create the conditions for economic growth."

The RIA approved six grant requests under the state's Building Reuse Program in two categories:

Vacant Building Category
  • City of Burlington (Alamance County): A $200,000 grant will support the renovation of a 26,500-square-foot building, where Mongoose, LLC, plans to relocate and combine operations. The company, which designs and manufactures high-end furnishings from recycled textiles and clothing, expects to create 24 jobs and invest $3,747,792 in this project.
  • City of Lenoir (Caldwell County): A $500,000 grant will support the reuse of a 74,646-square-foot building, where Exela Pharma Sciences, LLC, plans to establish operations. The company, a pharmaceutical manufacturer of generic and private label products, plans to create 50 jobs while investing $1,350,000 in the project.
  • Columbus County: A $200,000 grant will support the reuse of a 200,000-square-foot building in Fair Bluff. At this location, Pipeline Plastics Holdings, a manufacturer of high-performance industrial pipeline systems, plans to establish a new production facility to better serve customers along the East Coast. Through the overall project, the company plans to create 44 jobs and invest $4.6 million, while 40 jobs and a $720,000 investment are tied to this grant.

Existing Business Building Category
  • Alexander County: An $80,000 grant will support the renovation of a 25,000-square-foot building in Taylorsville that is occupied by Industrial Timber, Inc., a manufacturer of wood furniture frames. The company plans to expand manufacturing operations through this renovation, while creating 10 jobs and investing $1,434,200.
  • Gaston County: A $140,000 grant will support the renovation of a 116,874-square-foot building in Gastonia that is occupied by Metyx USA, Inc. The company, which manufactures textile fabrics for the wind, construction and auto industries, plans to add an additional line to expand operations. This project is set to create 24 jobs, with an investment of $4,655,000 by the company.
  • Greene County: A $75,000 grant will support the renovation of a 10,559-square-foot building in Snow Hill that is occupied by Building Envelope Erection Services, Inc. The company, which produces and installs aluminum, glass and other facade components for use in commercial building projects, plans to create 9 jobs and invest $873,825 in the project.

The Building Reuse Program provides grants to local governments 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 and in rural census tracts of Tier 3 counties.

More on ncarol.com
  • When Representation No Longer Reflects the District — Why I'm Voting for Pete Verbica
  • Off The Hook YS (NY SE: OTH) Executes Transformational Apex Acquisition, Creating Vertically Integrated Marine Powerhouse with $60M Inventory Capacity
  • Tri-State Area Entrepreneur Launches K-Chris: A Premium Digital Destination for Luxury Fragrances
  • Why One American Manufacturer Builds BBQ Smokers to Aerospace Standards
  • Diversified Roofing Solutions Strengthens Industry Leadership With Expanded Roofing Services Across South Florida

The RIA approved one request under the state's Rural Demolition grant program:
  • Town of Holly Ridge (Onslow County): A $150,000 grant will support the demolition and removal of asphalt taxiways and runways from the Phase II section of the Camp Davis Industrial Park. The Golden LEAF Foundation has awarded funds for stormwater construction, while the Industrial Development Fund - Utility Account has awarded funds for water, sewer and roads for Phase II of the park. This grant is set to attract $50,000 in additional funds for the demolition project, while the overall project will support future job creation and private investments.

The Rural Demolition program provides grants to local governments to support the demolition of a publicly-owned, persistently vacant building to encourage site rehabilitation and site availability for economic development purposes. Eligible applicants are units of local government located in either a Tier 1 or Tier 2 county, or a rural census tract in a Tier 3 county.

The RIA approved two requests under the state's federally-funded Community Development Block Grant (CDBG) - Economic Development program:
  • Lincoln County: A $750,000 grant will support the renovation of a vacant building in Lincolnton. At this location, Hodges International, a small business that manufactures apparel and home textiles for retailers, plans to establish operations. This project is expected to create 104 jobs, with an investment of $6.3 million by the company.
  • Robeson County: A $1 million grant will support the renovation of a vacant building in Pembroke, where Champion Home Builders plans to locate. The company, a builder of manufactured and modular homes throughout the eastern United States, plans to create 225 jobs and invest $13,240,000 in this project.

The Community Development Block Grant program is a U.S. Department of Housing and Urban Development (HUD) program administered in part by N.C. Commerce. CDBG's economic development funds provide grants to local governments for creating and retaining jobs. Project funding is based on the number of jobs to be created and the level of economic distress of applicant communities.

The RIA approved two requests under the state's Industrial Development Fund - Utility Account program:
  • City of Shelby (Cleveland County): A $562,500 grant will help the City with the construction and installation of sewer infrastructure at a 62-acre industrial site, which will support activity at a future shell building. The new sewer capacity will give the City additional inventory to help attract employers to the site.
  • Town of Holly Ridge (Onslow County): A $45,000 grant will assist the Town with the continuing second phase of development at the 160-acre Camp Davis Industrial Park. This project will include water and sewer infrastructure as well as road access.

The Industrial Development Fund – Utility Account provides grants to local governments located in the 80 most economically distressed counties of the state, which are classified as either Tier 1 or Tier 2. Funds may be used for publicly-owned infrastructure projects that are reasonably expected to result in new job creation. The IDF – Utility Account is funded through a process tied to the state's signature Job Development Investment Grant (JDIG) program. When JDIG-awarded companies choose to locate or expand in a Tier 2 or Tier 3 county, a portion of that JDIG award is channeled into the Utility Account.

More on ncarol.com
  • ZRCalc™ Cinema Card Calculator Now Available for Nikon ZR Shooters
  • Mountaineer Heating & Cooling Announces Expanded HVAC Services for High Country Homes and Businesses
  • Revolutionary Data Solution Transforms Health Insurance Underwriting Accuracy
  • $36 Million LOI to Acquire High Value Assets from Vivakor Inc in Oklahoma's STACK Play — Building Cash Flow and Scalable Power Infrastructure; $OLOX
  • Kobie Wins for AI Innovations in the 2026 Stevie® Awards for Sales & Customer Service

In addition to reviewing and approving funding requests, the N.C. Rural Infrastructure Authority formulates policies and priorities for grant and loan programs administered by N.C. Commerce's Rural Economic Development team. Its 17 voting members are appointed by the Governor, Speaker of the House and Senate President Pro Tem. The North Carolina Secretary of Commerce serves as a member of the Authority, ex officio.

For additional information about N.C. Commerce's Rural Economic Development Division, visit www.nccommerce.com/rd.


Filed Under: Government, State

Show All News | Report Violation

0 Comments
1000 characters max.

Latest on ncarol.com
  • Cold. Clean. Anywhere. Meet FrostSkin
  • How Specialized Game Development Services Are Powering the Next Wave of Interactive Entertainment
  • Don't Settle for a Lawyer Who Just Speaks Spanish. Demand One Who Understands Your Story
  • Dan Williams Promoted to Century Fasteners Corp. – General Manager, Operations
  • Ski Johnson Inks Strategic Deals with Three Major Food Chain Brands
  • NIL Club Advances Agent-Free NIL Model as Oversight Intensifies Across College Athletics
  • Atlanta Magazine Names Dr. Rashad Richey One of Atlanta's Most Influential Leaders in 2026 as the FIFA World Cup Approaches
  • Apostle Margelee Hylton Announces the Release of Third Day Prayer
  • Slotozilla Reports Strong Q4 Growth and Sigma Rome Success
  • "Lights Off" and Laughs On: Joseph Neibich Twists Horror Tropes in Hilariously Demonic Fashion
  • Families Gain Clarity: Postmortem Pathology Expands Private Autopsy Services in St. Louis
  • Beethoven: Music of Revolution and Triumph - Eroica
  • Amy Turner Receives 2025 ENPY Partnership Builder Award from The Community Foundation
  • The "Human Bridge": Why Leading with Tools is Failing Our Children
  • Hubble Tension Solved? Study finds evidence of an 'Invisible Bias' in How We Measure the Universe
  • Boonuspart.ee Acquires Kasiino-boonus.ee to Strengthen Its Position in the Estonian iGaming Market
  • Vines of Napa Launches Partnership Program to Bolster Local Tourism and Economic Growth
  • Finland's €1.3 Billion Digital Gambling Market Faces Regulatory Tug-of-War as Player Protection Debate Intensifies
  • Angels Of Dirt Premieres on Youtube, Announces Paige Keck Helmet Sponsorship for 2026 Season
  • Still Using Ice? FrostSkin Reinvents Hydration
_catLbl0 _catLbl1

Popular on ncarol.com

  • Desert Mountain Club Earns Prestigious Blue Zones Approved™ Triple Designation, a New Standard for Well-Being in a Luxury Lifestyle Community - 104
  • Finland's €1.3 Billion Digital Gambling Market Faces Regulatory Tug-of-War as Player Protection Debate Intensifies - 101
  • $80 Million Revenue Backlog for AI Cybersecurity Company Building the Future of Integrated Cybersecurity and Public Safety: $CYCU
  • New Medium Article Explores Why Emotional Conversations Fail and What Most People Don't Understand About Connection
  • Does EMDR Really Work? New Article Explores How Trauma Gets Stuck in the Brain and How Healing Begins
  • Blasting Off with Space Sector Companies: Artemis II Manned Moon Mission is Set to Launch: Could $ASTI be on the Same Rocket Ride as $ASTS & $LUNR?
  • Postmortem Pathology Expands to Phoenix: Bringing Families Answers During Their Most Difficult Moments
  • HELM Audio™ Partners with PQCrypto to Future-Proof Children's Hearing and Safety Data Using Post-Quantum Cryptography
  • CNCPW Divulga Dados de Liquidez do 1º Trimestre: Confirma 100% de Reservas e Atualiza Protocolos de "Saque CNCPW" Contra Fluxos Ilícitos
  • purelyIV Expands Concierge Wellness Platform with New IV Therapies, Memberships, and Digital Experience

Similar on ncarol.com

  • Delay In Federal Disaster Assistance Causing Failure Of Small Business In Disaster Areas
  • When Representation No Longer Reflects the District — Why I'm Voting for Pete Verbica
  • CCHR: Decades of Warnings, Persistent Inaction; Studies Raise New Alarms on Psychiatric Drug Safety
  • Amy Turner Receives 2025 ENPY Partnership Builder Award from The Community Foundation
  • Finland's €1.3 Billion Digital Gambling Market Faces Regulatory Tug-of-War as Player Protection Debate Intensifies
  • Why Finland Had No Choice But to Legalize Online Gambling
  • Municipal Carbon Field Guide Launched by LandConnect -- New Revenue Streams for Cities Managing Vacant Land
  • Dr. Rashad Richey's Indisputable Shatters Records, Over 1 Billion YouTube Views, Top 1% Podcast, 3.2 Million Viewers Daily
  • Joan Nissen promoted to Century Fasteners Corp. – General Manager, Aerospace & Government Sales
  • Finland's Health Authority Launches '2-4-2' Gambling Risk Limits Ahead of Expected Advertising Boom
Copyright © 2026 ncarol.com | Contact Us | Privacy Policy | Terms of Service | Contribute