In a significant move to bolster local economic growth, the Surry County Board of Commissioners has approved an incentive package for Project PRESS, a local manufacturing company planning a $4 million expansion. This decision, made during the board's meeting on December 2, 2024, aims to enhance the county's tax base and create jobs, addressing key community concerns about employment and economic stability.

The proposed incentive will provide a cash grant equal to 60% of the taxes paid by Project PRESS over a five-year period, with a maximum grant amount of $66,240. This funding will come from the county's general fund reserves. The company, which has been operating in Surry County for seven years, currently employs 30 individuals and anticipates doubling its workforce within three years if the expansion proceeds as planned.

Blake Moyers, president and CEO of the Surry County Economic Development Partnership, emphasized the importance of supporting local businesses. He noted that Project PRESS represents sustainable growth and a commitment to fostering homegrown industries rather than solely focusing on larger recruitment projects. The expansion will involve constructing a new manufacturing campus, which will allow the company to move from leased space to owning its facility, thereby enhancing its production capabilities.

The board's unanimous approval of the incentive package reflects a proactive approach to economic development, aiming to improve the employment outlook in Surry County. This initiative not only supports the local economy but also aligns with broader community goals of job retention and growth.

As the county moves forward with this project, residents can expect positive changes in the local job market and an expanded economic base, reinforcing Surry County's commitment to fostering a thriving community.