Manufacturing Company Considers $62M Expansion in Henderson County, N.C.
What happened
A mystery manufacturing company, currently operating as Project Press, is considering investing over $62 million into its existing facility in Henderson County, N.C. The proposed expansion includes more than $16 million for property improvements and $46 million for new equipment. The company is evaluating five potential locations for the investment.
From wlos.com
Why it matters
Local officials are offering financial incentives to secure the expansion and protect local jobs, as the company is competing with other locations. Brittany Brady, president and CEO of the Henderson County Partnership for Economic Development, noted that 95 positions could be impacted if the company cannot retain full production capabilities in Henderson County.
From wlos.com
Who's involved
- Henderson CountyHenderson County, the location where the manufacturing expansion is being considered.
- BradyBrady, who serves as president and CEO of the Henderson County Partnership for Economic Development.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Henderson CountySpeculative
Henderson County might see increased investment and job retention if the company commits to the expansion.
Keep exploring
The entities involved
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Henderson County
county in Tennessee, United States
- WLOS reported on local issues in Henderson County, highlighting farmer Kenny Barnwell and the Congressional race between Jennifer Balkcom and Jamie Ager.
- A program addressing regional agricultural and workforce needs was announced in Western North Carolina, involving Henderson and Transylvania Counties.
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Brady
city in and county seat of McCulloch County, Texas, United States
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