County approves infrastructure match for Central Carolina Seating expansion; company to invest $15.4 million
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Summary
The Board approved a county match for a Department of Commerce infrastructure grant to support Central Carolina Seating’s expansion (Project Cobalt Green). The company expects a $15.4 million investment, 120 new jobs at an average $70,000 salary, and requested up to $105,609 for a sewer line extension match.
Davidson County commissioners voted Oct. 13 to approve a county match—handled by the county—for a Department of Commerce infrastructure grant tied to Project Cobalt Green, an expansion by Central Carolina Seating.
Mr. Martin, presenting for staff, said the project would invest $15,400,000 in capital and create 120 new jobs with an average annual wage of $70,000. The company is seeking an infrastructure grant for a sewer line extension and has asked the county to provide the match, “up to $105,609,” Mr. Martin said.
Dylan Spears, president of Central Carolina Seating, thanked the county and described the company’s local operations and business lines. “Business has been here in Davidson County. We came over from Forsyth about 3 years ago, and things have been great,” Spears told the Board. Board members and EDC staff noted the project’s wage level is above county averages and praised the company’s neighborhood relations.
The Board received no opposition during the public hearing and, upon motion and second, voted to approve the county’s participation in the grant match. The motion passed on a voice vote; no roll-call tally was recorded in the public minutes. Staff said the requested county contribution is for a sewer line extension connecting to the regional system and is intended as an infrastructure match in lieu of a traditional economic-development incentive.
The Board thanked company representatives and county staff before moving on to other agenda items.