The RIA approved six grant requests under the state’s Building Reuse Program in two categories:
Vacant Building Category
City of Burlington (Alamance County): A $200,000 grant will support the renovation of a 26,500-square-foot building, where Mongoose, LLC, plans to relocate and combine operations. The company, which designs and manufactures high-end furnishings from recycled textiles and clothing, expects to create 24 jobs and invest $3,747,792 in this project.
City of Lenoir (Caldwell County): A $500,000 grant will support the reuse of a 74,646-square-foot building, where Exela Pharma Sciences, LLC, plans to establish operations. The company, a pharmaceutical manufacturer of generic and private label products, plans to create 50 jobs while investing $1,350,000 in the project.
Columbus County: A $200,000 grant will support the reuse of a 200,000-square-foot building in Fair Bluff. At this location, Pipeline Plastics Holdings, a manufacturer of high-performance industrial pipeline systems, plans to establish a new production facility to better serve customers along the East Coast. Through the overall project, the company plans to create 44 jobs and invest $4.6 million, while 40 jobs and a $720,000 investment are tied to this grant.