Incentive grant OK'd for window company
21 May 2014
By Carolyn Steeves, The Enquirer Journal
Windsor Windows, a subsidiary of Woodgrain Millwork headquartered in Fruitland, Idaho is considering investing approximately $8 million in a 100,000 SF building expansion and new equipment at their facility in Monroe, North Carolina. If Union County wins this project, it will help retain the current 200 jobs and is expected to create 85-100 additional over the next five years.
Union County Board of Commissioners demonstrated its commitment to competing for the project by awarding a “STEP 2” economic development incentive grant not to exceed $160,000 in total, paid over a five-year period at its May 19, 2014 regular meeting. The Monroe City Council is considering a similar grant in an amount not to exceed $166,400 at their regular meeting on May 20, 2014.
“Windsor Windows is very encouraged to receive support from Union County as our corporate parent considers a location for our company’s latest expansion,” said Richard Stephens, COO.
Windsor Windows manufactures premium-quality windows and doors from a variety of materials including vinyl, wood, and aluminum-clad wood. Their windows are used mostly in custom and luxury homes especially in coastal environments where resistance to hurricane force winds is required.
“We appreciate the opportunity to show Windsor Windows that we are committed to their sustained success here in Union County,” said Frank Aikmus, chairman of the Union County Board of Commissioners. “Windsor is a key component of our economy and we want to see them prosper.”
“We know companies can invest anywhere in the world,” stated Bobby G. Kilgore, Mayor of Monroe. “We are committed to finding ways to help this company grow and hire more employees here in Monroe.”
The company is expected to make a final location decision by the end of 3rd quarter 2014.
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