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Loan funds to drive data park

July 6, 2012

Catawba County Economic Development Corp. is seeking up to $4 million in state loan funding to help establish a new multi-jurisdictional business park.

That park is planned for Conover and it would focus on landing the region’s next data industry, according to information from Catawba County Government. The park represents a partnership between Catawba County and the municipalities of Hickory, Conover, Maiden and Catawba. Final approval for the multi-jurisdictional venture is expected in August, according to county government officials.

A final public hearing on the loan will be during Catawba County Commission’s monthly meeting Monday at 7 p.m. Economic Development officials are seeking the loan through the N.C. Small Cities Community Development Block Grant (CDBG)program for an industrial site development loan.

To read more of this story, pick up the 07-07-2012 edition of Catawba County's community newspaper, The Observer News Enterprise, at newsstands throughout the county.

Comments

In other words:

July 11, 2012 by Backbone (not verified), 2 years 5 weeks ago
Comment: 1159

dole out taxpayer dollars to business.

Kinda like Solyndra!

Geeze, will it ever end!

And I thought this wasa a Republican County.

Where the heck is the TEA Party?

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