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Magna could add 60 jobs

Monday, January 16, 2012 12:00 AM | Printer friendly version | E-mail to a friend |

SALISBURY — Magna Composites could add 60 jobs in western Rowan County if it gets grant funds for infrastructure the company needs to expand.

The Rowan County Board of Commissioners will hold a public hearing at 6 p.m. Tuesday for a proposed Community Development Block Grant application, which requires a local funding match, for the auto parts manufacturer.

In a memo to commissioners, RowanWorks Director Robert Van Geons wrote that significant upgrades need to be made to the sewer system serving Magna’s facility.

“Magna has more than 300 full time employees in Rowan County and the proposed project would allow them to add 60 more,” Van Geons wrote. “The physical limitations of the current infrastructure will not allow them to maintain current activity levels or to further grow employment.”

RowanWorks is requesting a resolution to apply for $360,000 in Community Development Block Grant funds. Magna is eligible for the grant due to its proposed job creation.

Van Geons wrote that the remaining funding for the estimated $500,000 project would be provided by Salisbury-Rowan Utilities on Rowan County’s behalf, fulfilling the local match required by the federal grant program.

The public hearing will be held during the commissioners’ meeting on the second floor of the J. Newton Cohen Sr. Rowan County Administration Building, 130 W. Innes St.

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