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10/8/2009–Surry County Commissioners to discuss incentives
County to discuss incentives for industrial projects
The Mount Airy News
DOBSON — The Surry County Board of Commissioners will hold public hearings at its Oct. 19 meeting regarding incentive packages for two industrial development projects.
The board decided during the closed session portion of its meeting late Monday night to schedule the two hearings for the next regular meeting that will begin at 6 p.m. County Manager Dennis Thompson said all discussion of these projects has taken place during closed session. Detailed information will first be given to the public on Oct. 19.
The first project is called “Project Protect” and is with a company that has yet to be named. The second project is with Vaughan-Bassett Furniture Co.
In addition to taking public comment on the proposed incentive packages, the board will discuss giving incentives to the two companies that plan to expand in Surry County. Thompson said the county attorney will have resolutions drawn up for the meeting regarding the proposed incentives. He said the resolutions will be placed into the record.
“The incentives will be specified in as great a way as can be done,” Thompson remarked.
The name of the “Project Protect” company will only be divulged if the company is willing to go public with it at that time. Todd Tucker, director of Surry County Economic Development Partnership, said he hopes for the company to go public by the end of the month.
According to Tucker, both of the proposed projects are with companies that are already in Surry County that are considering expansion. He expects the companies to make decisions within the next 30 to 60 days.
“One of them’s going to be very soon,” Tucker said.
Tucker did specify whether the incentives for Vaughan-Bassett relate to the company’s desire to reopen its Elkin plant. Tucker said the plant never technically closed. It did, however, move jobs to the Galax, Va., plant and company officials announced it would be closing. The reopening would not bring back the full 400 jobs that were lost at the beginning of the year, but Tucker said it would bring back a good amount.
Tucker explained, “We’re trying to make it better for them to come to Elkin.” Full story link
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