The Anson County Board of Commissioners last week unanimously approved a tax incentive in an effort to bring in more jobs.
County leaders agreed to grant $75,163 to Project Azimuth over a period of five years.
Project Azimuth is a commercial sign and electronic display company that is looking to consolidate its California and North Carolina facilities at a location in Anson County.
“This grant will only go into effect if the company does indeed locate here and meets the investment and job creation targets,” said John Marek, executive director of the Anson Economic Development Partnership.
Marek said that he couldn’t say much at the time, but county leaders expect to know more about the company’s plans by the end of the month.
“My office has been working to recruit the company for several months and we feel good about our prospects for landing them,” Marek said.
If the company were to locate here, it would move into an existing building on U.S. 52 South, he said. The total capital investment would be $3 million and 50 new jobs would be created over three years.
“These jobs would pay significantly above the county average,” Marek said.
According to the U.S. Census Bureau, the median household income in Anson County was $34,656 in 2016.
Anson County has a an Industrial Tax Grant policy which allows the commissioners to grant back a portion of the new property taxes generated by the project to the company.