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Concord holds public hearing on proposed 3-year, 85% tax-base grant for TWG GM engine project
Summary
City of Concord officials on Monday held a public hearing on a proposed three-year, 85% tax-base economic development grant for TWG GM Performance Power Units LLC to support a manufacturing and research project in Concord.
City of Concord officials on Monday held a public hearing on a proposed three-year, 85% tax-base economic development grant for TWG GM Performance Power Units LLC to support a manufacturing and research project in Concord.
Sam, a Cabarrus Economic Development Corporation representative, told the council the company plans operations at two Concord sites — 7455 Valor Place NW on the Hendrick Campus and 4540 Fortune Avenue NW in International Business Park — to design and test engines…
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