ACTEGA North America expected to create 12 new jobs in KM

The North Carolina Rural Infrastructure Authority (RIA) has approved nine grant requests to local governments totaling $2,221,694, Governor Roy Cooper announced Monday. The requests include commitments to create a total of 191 jobs, 22 of which were previously announced. The public investment in these projects will attract more than $49.5 million in private investment.

According to Governor Cooper’s press release ACTEGA North America, a manufacturer of specialty coatings and chemicals company is expected to create 12 jobs, with an investment of $8,524,014 by the company. A $75,000 grant will support the reuse of a 237,000-square-foot build- ing in town.

“When we increase the economic competitiveness of rural North Carolina, we’re boosting the economy for all of North Carolina,”

Governor Cooper said. “As we prepare more rural communities to compete for opportunities, we are ensuring greater resiliency, quality of life, and future growth.”

The North Carolina De- partment of Commerce’s team of rural economic development professionals supports the RIA’s work. RIA members review and approve funding requests from local communities. Funding comes from a variety of specialized grant and loan programs offered and managed by N.C. Commerce’s Rural Economic See JOBS, Page 5A