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Council approves two economic development incentive agreements for Project Wine and Project Exchange
Summary
The Gastonia City Council unanimously approved incentive agreements for Project Wine (a metal valves/fittings employer at Apple Creek, contingent on annexation) and Project Exchange (a proposed $35 million, 305,000-sq-ft facility near I-85/321). Formal contract language and annexation requirements will be finalized before incentives are disbursed.
The Gastonia City Council on Dec. 3 voted unanimously to approve local incentive agreements for two economic-development prospects introduced in public hearings.
Economic development director Christy Crisp presented Project Wine, described as a metal valves-and-fittings operation locating at Lot 12 in the Apple Creek site. Crisp said the employer would create 19 jobs and the project is contingent on annexation into the city for water and sewer service. She noted…
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