Cumberland County Board of Commissioners Approve Economic Development Incentives

The Board of Commissioners approved two economic development incentives named Project Wolfpack and project Nuar.

Project Wolfpack – the expansion of Cargill (agricultural industry). Currently, the company is evaluating competing locations for an expansion of production capacity. The company approves to the following.
*Maintain a minimum of 70 jobs through 2028
*Pay an average wage of at least $70,000
*Invest more than $5 million in real estate improvements
*Add approximately $20 million in new personal property

Project NUAR – Project NUAR is a U.S. company that is considering an existing building located at 595 S. King Street for a new production facility. If the company accepts Cumberland County, the company proposes to:
*Create 75 jobs
*Salary an average of $45,000
*Invest more than $4 million in real estate improvements and equipment
The company will have a decision within the next 45-60 days.

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Published by Angie Hedgepeth

Angie Hedgepeth, Government Affairs Director for the Association, attends all the local meetings each month, as well as NAR and NCAR meetings, and keeps members abreast of the multiple issues being addressed in local, state and national government. She prepares reports on the meetings she attends and they are included in the weekly "Government Affairs Update".