Moore County approves seven‑year incentive for Reliance Packaging
The board approved a seven-year incentive agreement with Reliance Packaging for an estimated $7.4 million investment and creation of 32 new jobs, authorizing a reimbursement grant capped at $95,902 over seven years with year‑one reimbursement at 90% that phases down to 30% by year seven.
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Moore County commissioners unanimously approved a proposed economic development incentive agreement for Reliance Packaging, a company that operates in Aberdeen on parcel 0046225. Planning staff summarized the agreement: Reliance proposes to invest approximately $7.4 million in real and personal property and to create 32 new jobs with an average wage of about $53,000.
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