The Gaston County Board of Commissioners is scheduled to consider incentives for a slew of economic development projects. One of those projects is from a Fortune 500 company; several others call for notable investments and job creation or could add to the pipeline at one of the county's most important industrial parks.
The board will consider incentives for one project under the code name Project Sequoia, which calls for a $34 million investment and the creation of 230 jobs.
Commissioners will also contemplate a grant and land conveyance for Project Creign, which documents show would locate at a 15.6-acre site at Apple Creek Corporate Center should it move forward.
Project Creign includes a $21 million investment and 46 jobs with an average annual salary of $59,348.
The total value of incentives being considered for the projects is unclear.
Why it matters: The identities of the companies behind those projects are not disclosed, but the proposed investments are part of a robust industrial pipeline in Gaston County.
The location of Project Sequoia, the jobs for which include an average salary of $46,413, is not known. But it is described in county records as either a manufacturing or distribution operation.
What's next: The two economic development projects are among several the commissioners are scheduled to consider.
Project Seattle is also on the agenda and described as a Fortune 500 company considering a $21 million investment and the creation of 107 jobs.
Another project named Project Manitoba is up for incentives consideration; county documents state it is a company that "may expand their manufacturing facility" in Gastonia Technology Park.
A smaller investment, under the code name Project Big Fish, is up for incentives for a $2 million investment.