Drug maker exceeds growth goal, still going
By Derek Lacey, News-Topic, Lenoir, N.C. | |
McClatchy-Tribune Information Services |
The
The tax grant would apply only to taxes on the increased value attributed to the company's new investment; the county would pay back up to 75 percent of those new taxes, or
Exela, which opened here in 2008, had fewer than 50 employees last summer but now has about 100, making it one of the fastest-growing and best-paying companies in the county, Murray said.
The company's new expansion is a highlight so far of what Murray told the commissioners could be the "best year ever for economic development" in
The EDC is working on 18 projects. Of those, 13 are still in development. Five are in the approval stages and would promise a total of 248 jobs and
Murray said
Building permits for the county are right on track for the year to date, but dollar values of those permits are well past the halfway mark of what was projected, Murray said. If that keeps up, she thinks 2014 will "eclipse, and then some, any of our previous years."
The board also voted to return ownership of four county parks to the community organizations that run them, in order for the county to avoid the cost of liability insurance. The county voted 4-1 to return
Mike LaBrose, the lone nay vote, said he didn't disagree with the idea but asked whether the organizations had been notified of the county potentially returning ownership of the parks.
"I think they deserve to be told, other than to read it in the paper tomorrow morning," LaBrose said.
LaBrose said he wanted more information about how this decision may affect the organizations, including the clubs' own insurance policies.
"(What if they) cannot place insurance, or it's triple what their budget called for? What happens if they have to shut down programs because of liability?" LaBrose said.
At Commissioner
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