Board Backs Industry Incentive Grant – Transylvania County, NC
Last updated 12/16/2020 at 7:34pm
A performance-based incentive grant for a proposed expansion of a local company was approved Monday during the Transylvania County Board of Commissioners’ regular meeting.
In its first regular meeting, the new board unanimously voted to offer the performance-based grant to the Brevard-based Raybow USA, formerly known as PharmAgra Labs.
If the project goes ahead, 74 new full-time jobs will be added to the company’s current workforce over a five-year period through 2025, at an average wage of $76,514, plus benefits, Transylvania Economic Alliance Executive Director Josh Hallingse told t...