Community Living | Coupon | Police Scanner | E-News Signup | Archives | Merchant Directory | Dining Guide
Have a HOT TIP? Call 704-276-6587 Or E-mail us At LH@LincolnHerald.net
Lincoln Herald | Lincolnton, NC


home : news : news October 18, 2019

8/6/2019 10:59:00 PM
Cataler, Dellinger Precast Get Incentive Grants

Lincoln Herald Staff
lh@lincolnherald.net


Lincoln County Commissioners approved two requests at their Monday (Aug. 5th) meeting for tax incentive grants for local industires looking to expand. Lincoln Economic Development Association’s Existing Business Manager, John Dancoff, presented the two requests and both were given unanimous approval.

Cataler North America, located in the Lincoln County Industrial Park, a manufacturer of catalysts used in automotive catalytic converters, will make an investment of $14,806,881 in new equipment and building expansion. The County will provide $49,774 per year in grants for a five-year period after the completion of the project. The grant total is calculated to be $248,870.
As a part of the agreement, Cataler will provide at least 3 new jobs .

The second grant was for Dellinger Precast in Denver, a producer of precast concrete products. Dellinger Precast will make an investment of $3,079,255 in equipment and building expansion. The County will provide $10,186 per year in grants for a five-year period after the competition of the project. The grant total is calculated to be $50,930.

Joe Lampron, board chair of Lincoln Economic Development Association offered his congratulations, “Cataler and Dellinger Precast have both been a great asset to Lincoln County. LEDA is grateful they have decided to continue their success in Lincoln County and we are looking forward to working with them as they continue to grow.”



CLICK HERE
to have us email you 
the latest news every day--



1 - Erie Insurance 300

Sign up for our FREE email service and we'll send you an email every day with links to our articles posted since the previous day's email.  That way, you won't miss the latest news, obituaries, sports and other items of interest for Lincoln, Gaston, Catawba and Cleveland counties.   

To make sure you get the latest updates, also like our Facebook page at LincolnHerald.net and follow us on Twitter @LincolnHerald20.



4 - Rotary Lincolnton Man Year




Article Comment Submission Form
Please feel free to submit your comments.

Article comments are not posted immediately to the Web site. Each submission must be approved by the Web site editor, who may edit content for appropriateness. There may be a delay of 24-48 hours for any submission while the web site editor reviews and approves it.

Note: All information on this form is required. Your telephone number is for our use only, and will not be attached to your comment.
Submit an Article Comment
First Name:
Required
Last Name:
Required
Telephone:
Required
Email:
Required
Comment:
Required
Passcode:
Required
Anti-SPAM Passcode Click here to see a new mix of characters.
This is an anti-SPAM device. It is not case sensitive.
   


North Carolina News












News
• Business
• Lifestyles
• Arts & Culture
• Military
• Education
• Community Living
• Who's In Jail?
• Weather
• Lincoln Sheriff's Incident Report
• Lincoln County Government News
• Law Enforcement
• Home & Garden
• Health and Wellness
• Business Directory
• Entertainment News

HomeNewsState NewsReligionOpinionSportsObituariesExtrasCommunityClassifiedsSubmitLife

Terms and Use | Merchant Directory | Dining Guide
Site Design and Content
Copyright Lincoln Herald, LLC 2011-2019

 


Software © 1998-2019 1up! Software, All Rights Reserved