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Fletcher approves incentives for Project Blaze; town incentive totals $35,529
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Summary
The Fletcher Town Council approved an incentive package for Project Blaze, an existing manufacturer planning to expand into a 31,000 sq ft facility in Fletcher, promising roughly 38 new jobs and a projected $6.2 million total investment; the town’s share of the incentive is $35,529.04.
The Fletcher Town Council on its regular meeting approved an economic-incentive package for Project Blaze after a brief presentation and a public hearing with no speakers.
Emily Martin, senior director of economic and business development at the Partnership for Economic Development in Henderson County, told the council Project Blaze is considering locating manufacturing operations in a 31,000-square-foot building in Fletcher and "will invest an estimated $1,011,649 in real property investment and $5,185,000 in business personal property," for a total project investment of $6,196,649. She said the company projects the creation of 38 new positions with average wages exceeding $68,788 annually.
The council opened and closed the public hearing with no members of the public speaking. The Town Manager moved to approve the incentives, Mayor Preston Blakely seconded, and the motion carried by voice vote. The town’s contribution to the incentive package is listed in the packet as $35,529.04.
Why it matters: The package is designed to support an existing Henderson County manufacturer to expand local operations and create jobs with wages above local averages; the specifics of the incentive are tied to property and personal-property investment assumptions included in the economic-development packet.
The vote: The transcript records a motion by the Town Manager and a second by Mayor Preston Blakely; the approval was by voice vote and the transcript does not provide a roll-call tally.
Next steps: The council concluded the item after approval; Emily Martin and staff will proceed with any follow-up steps described in the town’s incentive agreement and administrative implementation procedures.
