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Greensboro considers incentives for brewery expansion

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GREENSBORO, N.C. -- The new Greensboro City Council will not spend a lot of time celebrating their new term.

Instead, on Tuesday night, they will consider five economic incentives.

Two of those incentives will help keep Greensboro brewery Natty Greene's in town. A $387,500 incentive will help Natty Greene's expand their manufacturing and distribution operations.

A $1 million incentive will help Self Help Ventures renovate Revolution Mill. Natty Greene's wants to move their operations into the larger Revolution Mill site.

Greensboro Mayor Nancy Vaughan says the incentives are not free money for the businesses.

If the city council approves the deal, Natty Greene's must create 27 jobs and invest $14 million into the project. Self Help Ventures must invest $40 million and create 20 jobs.