Five Triad communities have been awarded grants or loans from the N.C. Rural Infrastructure Authority, which involves assistance for building reuse and for infrastructure including water and sewer.
Lexington was provided $750,000 to lend to Piedmont Candy to support the reuse of a vacant 89,524-square-foot industrial building at 305 East U.S. 64. The company said it will spend $12 million on capital investments and create 38 full-time jobs. Piedmont Candy produces the Red Bird brand peppermint puff candy, as well private-label candy for other companies.
Lexington also was provided $750,000 to lend to Masterbrand Cabinets to support the reuse of a vacant 137,095-square-foot industrial building at 118 Lexington Parkway. The company will spend $8 million on capital investments and create 38 full-time jobs as part of its expansion.
Mocksville received a $221,760 grant to pay for construction of 732 linear feet of rail spur to support an expansion of Avgol American’s existing manufacturing plant. The additional rail spur is needed to handle the raw materials needed in the manufacturing process. The company has committed to creating 50 full-time jobs.
Asheboro received a $490,000 grant to provide two rail spurs that will allow Technimark to construct a new 153,000-square-foot plant. The company will spend $30 million on capital investments and have a plant workforce of 163.
Rockingham County was provided $500,000 in a building reuse grant toward the expansion of an 802,818-square-foot plant at 712 Henry St. in Eden. Karastan Rug Mills has committed to creating 40 jobs.
North Wilkesboro was provided $62,500 in a building reuse grant to support the reuse of an 11,250-square-foot building located at 309 Wilkesboro Ave. Cub Creek Kitchens and Baths has committed to creating five jobs.