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Newton Council authorizes application for Building Reuse grant to pursue international manufacturer
Summary
Newton authorized submission of a Building Reuse Grant application after city staff said an international firm is considering a building purchase that could bring more than $6.5 million in investment and at least 40 jobs; council approved the resolution unanimously and agreed to a local 5% match (estimated $10,000 to be split with the county).
The Newton City Council unanimously approved a resolution Sept. 1 authorizing the city to apply for a Building Reuse Grant through the N.C. Department of Commerce to support private investment in an existing Newton building.
City Manager Todd Clark told council that the Catawba County Economic Development Corporation is in talks with an unnamed international company interested…
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