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.