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Commission approves incentive for Project Pillar expansion in Lenoir; company to relocate assets from Massachusetts
Summary
The board approved an economic development incentive for "Project Pillar," which a company representative said will consolidate an Oxford, Massachusetts operation into Lenoir, bringing infrastructure investment and roughly 35 new jobs with an average salary around $55,000.
The Caldwell County Board of Commissioners approved an economic development incentive for "Project Pillar," a manufacturer that plans to expand operations at its Lenoir facility by relocating assets from Oxford, Massachusetts.
A company representative told the board the Lenoir facility "produces tapes primarily for the wire and cable industry" and that the company will be "shutting down our Oxford, Massachusetts location and relocating those assets to Lenoir," consolidating two sites into one. The speaker asked the commission to approve a grant that would help prepare the Lenoir site for incoming equipment and infrastructure investment.
Commissioners discussed local job creation and compensation. Chair Church and other commissioners thanked the company for investing in Caldwell County and referenced hiring "additionally, 35 more" positions; one commissioner said the average salary would be "just over 55,000" annually. The motion to approve the incentive was called and the board adopted it during the meeting’s earlier agenda items.
The approval included the public hearing required for the incentive; the hearing was opened, no members of the public spoke for that item, and the board closed it before voting. No specific grant amount or contract terms were detailed in the transcript.
