This grant provided funding to the City of Hendersonville to extend public water to a new 41-acre industrial site located in East Flat Rock. A partnership comprised of the City, Henderson County, and the Economic Investment Fund of Henderson County (EIF) acquired the property and sold a parcel to Project Wheel. Project Wheel is Jabil Inc., a global manufacturer with more than $25 billion in revenue in FY2019. At this site, Jabil manufactures injection molded components that are used in the healthcare industry. It created 263 new jobs paying an average annual wage of $54,057, more than the county average of $39,512. The company also invest $36.2 million in real property and $29 million in personal property at the site. Hendersonville extended sewer to the site and the EIF constructed a road through the industrial park at a cost of $400,000.
