Background/Purpose of Request:
Project Pavement, a New Jersey based company, is interested in relocating their manufacturing business from New Jersey to North Carolina. Project Pavement has determined that the former US Marine Building, located in Navassa, is suitable for their manufacturing and warehousing needs for anticipated growth within their company. In order to utilize the existing building, certain alterations are required to include the addition of dock level doors, construction of a manufacturing room, compound room, sitework and parking improvements. The proposed Rural Development Building Reuse Grant will provide State assistance in offsetting the costs of these improvements. The proposed Rural Development Building Reuse Grant requires a minimum of 5% or $35,000 local match. The proposed application is a request for funding of $700,000 from NC Department of Commerce Rural Development.
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