Saturday 28 Mar 2020


RIA Grants To Support Local Economic Development

The North Carolina Rural Infrastructure Authority approved 17 grant requests to local governments totaling $5,535,271, Governor Roy Cooper has announced. The requests include commitments to create a total of 436 jobs, 211 of which were previously announced. The public investment in these projects will attract more than $82 million in private investment.

The local grant recipients are:

  • Wayne County: A $400,000 grant will support the expansion of a building in Goldsboro. Atlantic Casualty Insurance Company, which provides specialty lines property and casualty insurance products, plans to add 30,000 square feet to the company’s existing facility at this location. The project is expected to create 40 jobs, with a private investment of $10,429,595.
  • Wayne County: A $500,000 grant will help the County provide a second point of industrial road access at ParkEast Industrial Park in Goldsboro. The site is currently home to seven companies, and the road infrastructure improvements will particularly support Atlantic Casualty Insurance Company as it expands its operations there.
  • City of Kinston (Lenoir County): A $187,300 grant will support the City in an effort to increase water pressure to meet the fire suppression needs for Jetstream Aviation’s facility in the Global TransPark. The aircraft maintenance and refurbishment company expects to create 103 jobs over the first two years and invest $1 million after the water upgrades are made to the building.
  • Town of Wallace (Duplin County): A $60,000 grant will help the Town make infrastructure improvements to a site, which Murphy Family Ventures, LLC, will develop to accommodate the construction of an 86-room Fairfield Inn. The improvements are set to include increased capacity of the existing pump station along with upgraded electronic controls and power supplies. This project is expected to create 12 jobs and attract $139,144 in private investment.

2 Comments

  1. pyrate says:

    Yay, Roy Cooper! Hurray, hurray, hurray! Attaboy, Roy! Gold star for my boy Roy! (There, are all you haters happy now?)

    Reply
    • Waynecountynative says:

      It is good to finally have a real governor, isn’t it? After Mike Easly milking the job for its creature comforts, Bev Perdue being totally inept, and Pat McCrory spending all of his time worried about who’s in which bathroom, it’s sure nice to see a Gov doing the job of promoting our state, trying to improve people’s lives, and growing the economy.

      Reply

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