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Catawba County approves performance-based tax grant to support Coley, LLC expansion in Claremont
Summary
The board unanimously approved Resolution No. 2026-01 authorizing a performance-based property-tax grant (50% for five years, up to $89,665) to Coley, LLC, contingent on $9 million in investment and creation of 40 net new jobs by Dec. 31, 2029.
Catawba County commissioners voted Jan. 20 to approve a performance-based economic incentive for Coley, LLC, a Claremont-based furniture manufacturer expanding its local operations.
The board approved Resolution No. 2026‑01 and authorized the county to enter into an economic development agreement with Coley, LLC. The incentive is structured as a property-tax grant equal to 50% of the ad valorem taxes…
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