Siler City, NC – The Town of Siler City was awarded a $1.5 million grant through the Community Development Block Grant – Economic Development program, which is administered through the North Carolina Rural Infrastructure Authority (RIA). The grant, based on Mountaire Farm’s announcement of 700 new jobs for its future processing facility in the Town of Siler City, will help the town make wastewater system upgrades.
“We are very pleased with the announcement of this grant for the Town of Siler City to upgrade our wastewater system,” said Mayor John Grimes. “Mountaire Farms has already demonstrated that it is an outstanding corporate citizen. This grant will help us meet our needs to adequately serve all of our residents and future growth.”
In May 2016, Mountaire Farms announced the purchase of the former Townsends poultry processing facility in Siler City. With the announcement, comes 700 new jobs and an investment of $70 million. Construction is underway at the vacant processing plant to prepare for Mountaire Farms’ anticipated opening in Spring 2019.
“This is great news. We’re very appreciative of the funding from the North Carolina Rural Infrastructure Authority,” said Kyle Touchstone, president of the Chatham Economic Development Corporation. “Upgrades to the Town of Siler City’s wastewater system create greater opportunity for growth of existing business and potential new business.”
The CDBG-ED Program in North Carolina is designed to benefit low- and moderate-income populations through job creation. Funding eligibility is contingent on the creation of permanent, full-time jobs meeting the following qualifying condition: at least 60% must be made available to persons whose household income over the previous 12 months was less than 80% of the median income for the area.