Forsyth County considers economic incentive for Project Touchdown chemical manufacturing facility

September 05, 2025 | Forsyth County, North Carolina


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Forsyth County considers economic incentive for Project Touchdown chemical manufacturing facility
The Forsyth County Board of Commissioners held a briefing on September 5, 2025, focusing on several key agenda items, including a significant economic development project and various proclamations for community awareness.

The primary discussion centered around a public hearing scheduled for September 8, where the board will consider an economic development incentive for a chemical manufacturing company, referred to as Project Touchdown. Helena Fiore from the community economic development department presented details about the project, which aims to establish a North American facility in Forsyth County. The company is currently evaluating other locations in South Carolina, Virginia, and Georgia.

Fiore highlighted that Project Touchdown plans to invest approximately $5.6 million, which is expected to create 30 full-time jobs with an average annual wage of $59,000. This investment is projected to generate about $231,000 in net new taxes for the county. To support this initiative, the county proposes an incentive package totaling $53,962, to be distributed over five years, contingent upon the company meeting specific job growth and tax payment criteria. Payments are anticipated to begin in fiscal year 2028.

In addition to the local incentive, the North Carolina Department of Commerce is considering a building reuse grant for the company, with Forsyth County potentially serving as the local applicant and administrator.

Other agenda items included proclamations recognizing September 11 as Smart Start of Forsyth County Day, September as National Infant Mortality Awareness Month, and September as National Preparedness Month. Staff from relevant organizations will be present at the upcoming public hearing to accept these proclamations.

The meeting underscored Forsyth County's commitment to fostering economic growth while also promoting community health and safety initiatives.

View full meeting

This article is based on a recent meeting—watch the full video and explore the complete transcript for deeper insights into the discussion.

View full meeting

Comments

    Sponsors

    Proudly supported by sponsors who keep North Carolina articles free in 2025

    Scribe from Workplace AI
    Scribe from Workplace AI