WINSTON-SALEM, N.C.-- Forsyth County Commissioners are considering a $1 million incentives package contingent on Deere-Hitachi in Kernersville adding 340 new jobs and spending $90 million to expand its current facility.
While Deere-Hitachi is not saying much about the deal, Forsyth County Commissioners say the company wants to close a facility in Japan and bring those jobs and work to Kernersville making that facility one of the largest of its type in the country.
County Commissioner Dave Plyler says the $1 million in incentives would be contingent on the company updating its facility and creating the jobs that pay more than $40,000 a year. He says the incentives would be paid back over 7 years through new tax revenue the plant will generate.
Karan Tejpal owns a convenience store nearby and says he is already expanding his store in hopes the plant grows too.
"For me and I think everybody, everybody in this town is excited, very excited," said Tejpal.
A public hearing is scheduled in county commission chambers on September 24th.
Deere-Hitachi will make a final decision by the end of the year.