U.S. Department of Commerce Invests $1.9 Million to Boost Industrial and Manufacturing Growth in Davidson County, North Carolina
WASHINGTON – Today, U.S. Secretary of Commerce Wilbur Ross announced that the Department’s Economic Development Administration (EDA) is awarding a $1.9 million grant to the county of Davidson, North Carolina, to construct a new stormwater detention pond and other stormwater and sewer improvements to support expansion of industrial and manufacturing business in the region. The EDA grant, to be matched with $1.9 million in local funds, is expected to create 400 jobs and generate $300 million in private investment.
DCEDC featured on Triad Business Journal!
DAVIDSON COUNTY INDUSTRIAL PARKS OPEN CAPACITY FOR 4M SQUARE FEET OF DEVELOPMENTClick Image to view article
Council announces partnership to purchase 200 acres for New Industrial Park
The Lexington City Council announced during its meeting Monday a proposed partnership with a local development company to purchase 200 acres of property off of Brown Street, adjacent to Interstate 85, for future commercial development. Under the new LLC, the City of Lexington would provide $225,000 towards the $400,000 down payment of the property, valued at $2.6 million. Team Family Partnership would provide the additional $175,000, giving the city a majority interest in the proposed Front Street-Lexington LLC.
NEW - Davidson Davie Apprenticeship Consortium Video
https://vimeo.com/387575016 This is the NEW DDAC Video - NOTE: Password to access the video is DDAC
Apprenticeship Program Builds Ready Workforce
When the manufacturing facility for Egger Wood Products opens this fall near Lexington, the the Austria-based company will need more than 300 production workers at its first North American plant.
DCEDC Holds Economic and Workforce Development Action Planning Workshop
Leaders from area businesses, local governments, area school systems, Davidson County Community College, as well as members of the public attended an action planning workshop hosted by the Davidson County Economic Development Commission at the Rittling Conference Center on Thursday morning. Craig Goodson, president of the Davidson County EDC, said the organization wanted to hold the workshop to make sure all key stakeholders were involved in future economic development plans in the area.
Workshop shows development plans for Davidson County Airport
The Davidson County Airport Authority and the North Carolina Division of Aviation unveiled its proposed airport layout plan at the Richard Childress Hangar at the Davidson County Airport on Monday. “We had a meeting in June we invited community members, business owners, to get their ideas and input on what should or should not be included in this plan,” Gray said. “More hanger was up there, and still is. We have a waiting list of 47 pilots waiting for hangar space.”
NEG Lexington facility to add 40 new jobs
Approximately 40 new production and maintenance jobs will be added at the facility by March. “Although current business conditions are driving corporation restructuring
EGGER Wood Products to start operations by end of year, plans to hire locally
Salisbury Post Newspaper
Governor Cooper Leads Roundtable on Economic Growth and North Carolina's Growing Workforce Initiatives
Since 2017, More Than 62,000 Jobs Have Been Created in North Carolina