Johnston County is poised for a significant economic boost as the Board of Commissioners welcomed a $55 million investment proposal from Wilder Capital during their recent meeting. Jason Simon, the owner of Wilder Capital, presented the investment plan, highlighting the attractive labor dynamics and educational institutions in the area as key factors in their decision to invest in Johnston County.
Simon emphasized the importance of local incentives in making this project viable, particularly in the current challenging economic climate for developers. He noted that without these incentives, bringing such projects to fruition would be considerably more difficult. The proposed investment is expected to create jobs and stimulate further economic growth in the region.
In addition to the main investment discussion, the meeting included a question-and-answer session, allowing commissioners and attendees to engage directly with Simon about the project. The enthusiasm surrounding this investment reflects a broader commitment to fostering economic development in Johnston County, positioning it as an attractive destination for future investments.
As the county moves forward, the focus will be on finalizing the necessary agreements and ensuring that the incentives are effectively utilized to maximize the benefits of this substantial investment. The community can look forward to the positive impacts this project will bring in the coming years.