City of Sanford Project Forge Infrastructure Improvements

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Organization:

City of Sanford

Amount:

1500000

Program Area:

Economic Catalyst Program

County of Applicant:

Lee

Year:

08/01/2019

Description:

This grant provides funding to the City of Sanford to construct public infrastructure to support Project Forge, which is Kalyani Group, an Indian auto part manufacturer. The Kalyani Group plans to open a combined machining and forging facility in Lee County. The company will make a capital investment of nearly $117 million and create 460 new jobs with an average annual wage of $51,780 compared to the Lee County average of $41,567. Golden LEAF funds will be used for sewer infrastructure which has a total cost of approximately $4 million.

Contact:

Mr. Paul Weeks
PO Box 3729
Sanford, 
North Carolina 
27330 
(919) 777-1122