New Hanover County Board of Commissioners approved an industrial incentive
grant for Fortron Industries during a March 24 meeting.
grant, proposed by Wilmington Business Development, will dole out $100,000 per
year for five years to Fortron.
grant will help the company pump $50 million in capital improvements to its
current facility and retain 60 existing jobs with potential to create
plant has expanded several times since opening in 1993 to meet increased demand
for polyphenylene sulfide (PPS), the high-performance plastic it produces.
Satterfield, CEO of Wilmington Business Development, noted that PPS is a
product used daily by citizens.
a high-temperature product used in aerospace industries, consumer electronics
and appliances as well as the automotive industry. We all depend on it and it’s
made right here,” Satterfield said.
is among the top five taxpayers in the county, paying $451,000 in annual taxes
while maintaining a $7.5 million payroll.
The grant is one of a handful of incentives approved by the board in 2013
including $875,000 to General Electric, $325,000 to Live Oak Bank and $250,000
to Castle Branch.
board will hear results of a report conducted by Jay Garner following an
economic development study, charged with making recommendations to secure and
sustain local industry, during an April 2 meeting. One of the expected
recommendations is maintaining and growing local manufacturing.
Chairman Woody White invited the community to be involved in the report, which
will guide the next 20 years of county development.
will generate a lot of commentary, good and bad. We might not agree, but I
agree with the fact that we’re talking about it,” White said.
board also agreed to pay $78,312 toward the Carolina Beach
inlet dredging project The U.S. Army Corp of Engineers dredges the inlet
quarterly. Since 2012 supplemental funds from Hurricanes Irene and Sandy paid
for the project. The March 2014 dredging exhausted remaining funds.
requested the county split the $206,900 required for the next dredging with the
N.C. Division of Water Resources. The county’s municipalities will share the
cost. The City of Wilmington
will vote on their share on April 2. Carolina
Beach and Kure Beach
approved their portion of funding in March. Wrightsville Beach
approved with a caveat that the town will not contribute to future dredging
assured board support for inlet maintenance funding options in the next fiscal
funding sources continue to migrate between federal and state dollars, it’s
important that local governments are proactive to assure funding is always
available for those inlets,” White said.
board appointed members to several committees, including six members to the
Comprehensive Plan Policy Recommendation Committee, part of the Public
Engagement Plan approved Nov. 2013.
A. Adams, Jeff Bellows, Kayne Darrell, Dan Dawson, David Kellam and Stephanie
Smith were appointed to the new committee. The legality of Dawson’s nomination was discussed — he is Vice
Chairman Beth Dawson’s husband. County attorney Wanda Copley said Ms. Dawson
should recuse her vote if she would receive direct or indirect financial
benefit from her husband’s appointment.
board members supported Dawson’s
nomination except for Commissioner Jonathan Barfield Jr.
new committee will meet August, September and October 2014 to sort through and
recommend draft policies.