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Great Lakes Construction to expand in Hinkley with $3.2M investment and 40 new jobs; CRA agreement approved
Summary
A CRA agreement for Hopewell Development Co., known in the meeting as Great Lakes Construction of Hinkley, was approved; the company reported plans for roughly $3.0–$3.2 million in project investment and payroll to support 40 new jobs.
The Board of Commissioners approved a Community Reinvestment Area (CRA) agreement for Hopewell Development Co., identified during the meeting as Great Lakes Construction of Hinkley.
A county economic development presenter said the company plans to expand operations and is investing “$3,200,000 in new payroll for 40 new jobs,” and that the total project cost has risen from an initial plan of about $2 million to roughly $3 million. Commissioners moved and approved the CRA agreement during the meeting.
Commissioners noted that cost increases occur in construction and that the agreement is consistent with other CRA agreements in the area. No dissenting vote on the CRA agreement was recorded in the meeting transcript.
