[{"_1":2,"_86":-5,"_87":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6352253,"mediaKeyId","2224859-c9cdfe8ac04c4e791cf5391a0b9e1c3b","parentId",2224859,"title","Iredell commissioners approve $214,993 incentive for Project Nano (RMC Advanced Technologies) contingent on contract","audioSeconds",171,"startMs",412000,"endMs",583000,"viewUrl","/Search/View?dp=1&key=2224859-c9cdfe8ac04c4e791cf5391a0b9e1c3b&start=412&end=583","thumbnailUrl","https://assets.pipeline.soar.com/2224859-c9cdfe8ac04c4e791cf5391a0b9e1c3b/thumbnail_412000.jpg","articleUrl","/articles/6352253/Iredell-County/North-Carolina/Iredell-commissioners-approve-214993-incentive-for-Project-Nano-RMC-Advanced-Technologies-contingent-on-contract","mediaUrl","https://secure.pipeline.soar.com/6352253-99ae2e447a0cb14bd63b2ddcdcc43914/orig.mp4?Expires=1771004390&Signature=B1WUmWMq8at3Wq9nozb2cMcXHCK-yBPKMnYKSlbhEqTzxLgOs9EQrf3xsTVUfJY~~JHmioIw09pI5bHM~t7DuWsAonZsQxeV9DmoKGzahfI4V2Zp~-c4x1i9tpW7O~0uMC2Sj2XDKXRP0ewZu~acTXWEiZN8~zNazaSryvh8sMRENQr0NqrCF13JXkYI1mDDg5PKGeBMIYjyfmHA4FvwVB4Bu-IQ0X0DCnHhtrcUl151tmuZjJWYuP6kfHi-7IG06oF38CwerLk~WUhCn1rNlKIn0Umhw~mKefk~lPyJ9RqsF8WfSqbcijNX2UvGB6S7y2Rujb4kyNK9PY5ANzniUA__&Key-Pair-Id=KUT5TJCACFTXG","author","Iredell County, NC","date","2025-02-05T11:16:42Z","article","The Iredell County Board of Commissioners voted Tuesday to approve an economic development incentive of up to $214,993 over five years for Project Nano, a proposed investment by RMC Advanced Technologies Incorporated that county economic development staff said will total $21,000,000 in capital investment.

Craig Goodson of the Iredell County Economic Development Commission presented the proposal, saying the project would be completed in two phases and would involve manufacturing equipment including molding presses, bonding/assembly presses with adhesive application systems, a prime paint line and auxiliary plant equipment. Goodson told the board the investment would be completed over a five-year period in two phases: a Phase 1 investment of $10,000,000 with a minimum of seven new jobs and a Phase 2 investment of $11,000,000 with a minimum of 10 additional jobs.

Goodson said the Phase 1 jobs would be created by Dec. 31, 2026, and Phase 2 jobs by Dec. 31, 2029. He also characterized the Phase 1 wage level as about $60,882, saying that figure is roughly $2,000 below the county average wage but above city wage levels.

Vice Chair Kneider moved to approve an incentive payment not to exceed $214,993 over five years, based on the company's capital investment of up to $21,000,000 and creation of a minimum of 17 new jobs (with potential for up to 34), contingent on a contract being executed within 180 days. The motion passed on a voice vote.

No members of the public signed up to speak at the public hearing. County staff said the incentive is being considered under Iredell County's economic development policy and that the grant will require a contract specifying investment, wages and job-creation milestones. The board held an earlier closed session related to economic development and property acquisition with no action reported.","mediaType","Video","parentTitle","BOARD OF COMMISSIONERS - Feb 04 2025","oneSentenceSummary","The board approved an economic development grant of up to $214,993 over five years for RMC Advanced Technologies Inc.'s Project Nano, tied to a $21 million capital investment and job-creation benchmarks; the award is contingent on a contract within 180 days.","taxTitle","Iredell County, North Carolina","taxId",13718,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":42,"_43":78,"_45":79,"_47":80,"_49":81,"_51":82,"_53":83,"_55":56,"_57":58,"_59":84,"_61":62,"_63":64,"_65":85,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6352254,"Iredell commissioners approve rezoning for 1.64-acre site at LaRue Circle and Old Mountain Road",211000,382000,"/Search/View?dp=1&key=2224859-c9cdfe8ac04c4e791cf5391a0b9e1c3b&start=211&end=382","https://assets.pipeline.soar.com/2224859-c9cdfe8ac04c4e791cf5391a0b9e1c3b/thumbnail_211000.jpg","/articles/6352254/Iredell-County/North-Carolina/Iredell-commissioners-approve-rezoning-for-164-acre-site-at-LaRue-Circle-and-Old-Mountain-Road","https://secure.pipeline.soar.com/6352254-9b19a4130eb94b09f2c6597a026a8df3/orig.mp4?Expires=1771004390&Signature=BkahgV8Nr91eR258RPnTsZrSrN2v0jb8hvlUGqB1QscHZRRV0wqz2jXK0ZhFnX5ITmX~GoNPSw2woIY7v6OyNISfnU6QLpS2tSwaPZ3PTCltgqRkkBiyUgz45G1yrvSJlugp7VimzsGCmJd~owx43kLXwrdaiO8MHqadKVw3r9PX2EEjdNqjN8cgaHkUm-EBQ0QB7fEzS9hVXHjKvdjpj6MFVRQD2QxIJgDaTxGbXCGOf7oGC2LTJkpmEcJCrXtpli~JQpIoJhLeA3jbvbwOdgJlyiqd~UA1RYPWGkdX35z67kVwDr1aZCuHSUfxqwBkG9aX84mvotcratQT65IfTQ__&Key-Pair-Id=KUT5TJCACFTXG","The Iredell County Board of Commissioners on Tuesday approved a zoning map amendment to rezone approximately 1.64 acres at the corner of LaRue Circle and Old Mountain Road to a neighborhood business district, a change supporters said fits the county's 2045 Horizon Plan corridor commercial designation.

County planning staff presented the request, saying the property is adjacent to existing general business zoning and would create a transition zone between commercial uses and a nearby residential area. \"The requested district creates a desirable transition zone between the residential area,\" a planning staff presenter told the board.

Commissioners were told planning staff and the planning board support the rezoning and that no public opposition had been received during the advertising period. The board opened and closed the public hearing with no speakers signed up.

Commissioner Brent Howe moved to approve the zoning map amendment, saying the action is consistent with the 2045 Horizon Plan and reasonable and in the public interest because the parcel lies within the corridor commercial designation and is surrounded by commercial uses. The motion passed on a voice vote.

County staff said a full site plan, including buffers and landscaping, will be reviewed if the rezoning is approved. The applicant, identified in the public hearing notice as Mr. Yu of AZ Auto Repair LLC, indicated the immediate proposal is for an auto repair use, though the neighborhood business district allows other commercial activities.

The board did not record a roll-call vote; the motion passed after the chair called for ayes and none opposed. No timeline for building permits or site-plan submittal was provided during the hearing.","The Iredell County Board of Commissioners voted to approve a zoning map amendment for about 1.64 acres at LaRue Circle and Old Mountain Road to neighborhood business, clearing the way for commercial uses including a proposed auto repair business.","actionData","errors"]

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Iredell commissioners approve $214,993 incentive for Project Nano (RMC Advanced Technologies) contingent on contract

Iredell commissioners approve rezoning for 1.64-acre site at LaRue Circle and Old Mountain Road