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Forsyth County approves incentive for ReAgent Chemical Services' U.S. plant
Summary
The Forsyth County Board of Commissioners unanimously approved a $53,962 economic development incentive for ReAgent Chemical Services to locate a North American manufacturing facility in the county. The project is expected to create 30 full-time jobs and $5.6 million in capital investment.
Forsyth County commissioners on Sept. 11 approved a $53,962 incentive over five years to encourage ReAgent Chemical Services to locate a North American manufacturing facility in the county. The board approved the measure after a public hearing and a staff overview of the company nd proposed incentive.
Helena Fiore, community and economic development program administrator, told the board ReAgent Chemical Services is a United Kingdom-based chemical manufacturer planning a North American facility to serve clients in the Southeastern United States. Fiore said the company anticipates a capital investment of $5,635,000 and creation of 30 full-time jobs with an average…
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