Dec 13, 2019
The North Carolina Rural Infrastructure Authority (RIA) approved 12 grant requests to local governments totaling $4,113,122, Governor Roy Cooper announced today. The requests include commitments to create a total of 473 jobs. The public investment in these projects will attract more than $111 million in private investment.
The RIA approved 11 grant requests under the state’s Building Reuse Program in three categories:
Vacant Building Category
- City of Thomasville (Davidson County): A $210,000 grant will support the reuse of an 18,000-square-foot building. Minnewawa, a manufacturer of custom woven labels, ribbons and accessories, plans to relocate its entire Tennessee operation to this site in Thomasville. The project is expected to create 21 jobs, with a private investment of $3,000,000.00.
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.
For additional information about N.C. Commerce’s Rural Economic Development Division, visit www.nccommerce.com/rd