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Caldwell County approves $2,000-per-job retention grant to keep Baker's Waste in Lenoir
Summary
The board approved a local jobs retention grant to support Baker's Waste Equipment (owned by Iron Crest) tied to a >$10 million investment and retention of roughly 150 jobs at a Lenoir facility; staff recommended $2,000 per retained job (up to 150) with quarterly, contingent payments.
The Caldwell County Board of Commissioners voted Feb. 23 to approve a local jobs retention grant supporting Baker's Waste Equipment following a public hearing.
County staff recommended the grant to keep the Lenoir facility in operation after its acquisition by Iron Crest. Ashley Bolek told the board the proposed investment exceeds $10 million and would retain "150 plus" existing jobs at the 1808 Norwood Street SW…
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