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Company considers $24M investment in Thomasville; would create 250 jobs

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THOMASVILLE, N.C. — A company is reportedly considering a $24 million investment that would create 250 jobs over a period of three years in Davidson County.

The Lexington Dispatch reports county commissioners are considering up to $2 million in incentive grants and appropriations for the company, which has not been publicly identified.

The company is looking to invest the funds in new plant, machinery and equipment “near three existing lumber companies,” The-Dispatch reports.

Details about the company and its possible investment, which commissioners have been calling “Project Plum,” have been scarce.

A public hearing concerning the incentives will be held at 7 p.m. Tuesday at the Davidson County Governmental Center at 903 Greensboro St.

Read more: The-Dispatch.com