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Photo courtesy of catawbaedc.org

Incentives Awarded For CommScope Expansion

The Catawba County Board of Commissioners recently voted to award up to $1.4 million in incentives to support the expansion of fiber optic cable maker CommScope.

Incentives will take the form of tax refunds over the course of six years. To receive the incentives, CommScope will have to invest $60.3 million and create 250 jobs by the end of 2027. The jobs will pay an average wage of a little more than $57,300.

The company is also set to receive up to $1.9 million in state incentives over the next 12 years to support the expansion. CommScope announced the expansion project in March.

(Story courtesy of Rick Gilbert, WACB)