Lenoir County Crown Equipment CDBG Project – Crown Equipment Expansion Update
Great news, Governor Roy Cooper announced on June 17th that The North Carolina Rural Infrastructure Authority (RIA) had approved four requests under the state’s federally-funded Community Development Block Grant (CDBG) – Economic Development program:
From that, Lenoir County received a $120,000 grant that increases the total CDBG grant from $200,000 to $320,000. This is great news as the funds will support demolition and repair work related to the renovation of a vacant, 255,000-square-foot building in Kinston, where Crown Equipment is expanding its operations. The company manufactures a line of high-quality lift trucks, including electric and internal-combustion models. The overall project is expected to create more than 130 jobs and represents an investment of $13.2 million by the company, while 16 of those jobs are tied to this grant.
For more details visit: https://www.nccommerce.com/news/press-releases/governor-cooper-announces-grants-rural-communities-attract-820-new-jobs-and-more