Caldwell County eyeing five company expansions
The next few weeks could bring a lot of announcements of new businesses and jobs.
The Caldwell County Board of Commissioners voted Monday to schedule five public hearings for Aug. 5 on incentives for five companies planning to hire up to a combined 310 people.
The biggest of the projects belongs to Greer Laboratories, which is expanding its manufacturing and looking for a site for a new corporate headquarters.
Greer currently has 279 employees in Caldwell County, and its expansion plans call for up to 125 new jobs over two years, which would put it among the top dozen employers in the county, said Deborah Murray, director of the Caldwell County Economic Development Commission.
Greer’s growth is outstripping its current facility – “They’re busting at the seams,” Murray said – and as part of the company’s growth officials are considering moving non-manufacturing jobs into a separate building, which would become the new corporate headquarters. It is not a certain thing that Caldwell County will be the site for the new headquarters, but Murray said she has strong hopes. Greer was founded in Lenoir in 1904.
“We owe it to Caldwell County to maintain this company here,” she said.
Of the 125 jobs, about 25 are related to the headquarters.
At $2,000 for each job, the incentives package for Greer would total $250,000 if all of the jobs materialize.
Behind Greer’s project is a possible company expansion from the Hickory area that Murray refers to as Project Appliance, a company that is buying a 100,000-square-foot building in Lenoir for refurbishing and distributing household appliances. That project could create up to 100 jobs within two years, which would bring its incentives to $200,000.
Advanced Textile Solutions Inc. is close to landing some new business that could result in 50 full-time jobs, which would translate to $100,000 in incentives.
A. McGee Wood Products plans to expand and create up to 20 new jobs in the next year. That would bring the company’s incentives to $40,000.
Adhezion Biomedical in Hudson has some new business that could bring three to 20 new jobs. At 20, the company’s incentive would come to $40,000.
The public hearings on these proposals will take place at the commissioners meeting that starts at 6 p.m. Aug. 5. Anyone wishing to speak at the hearings must sign up before the meeting.