ENC Counties To Receive $250,000 In Rural Infrastructure Grants

Apr 27, 2018

Businesses in three Eastern North Carolina counties are among more than a dozen others across the state that will receive rural economic development funds to add jobs and attract private investment.  

An employee at Geodynamics surveying seafloor damage after Hurricane Irene. The company was one of three that will receive state grant money to add new jobs and attract private investment.
Credit Geodynamics

Carteret, Beaufort and Craven Counties will receive $250,000 in state grants to help local businesses create 72 jobs and attract almost $4 million in private investment. 

"Communities need infrastructure such as buildings, water and sewer, and ready sites to attract business," NC Commerce Secretary Anthony Copeland said in a release. "The grants the Rural Infrastructure Authority approved today will help rural communities secure economic development projects and bring jobs to their area."

Here's a look at the counties' rural infrastructure grants: 

  • Craven County will receive $180,000 to support the expansion of a 72,000 square-foot building that houses Chatsworth Products, an IT infrastructure company that has offices and a manufacturing plant in New Bern. The expansion is expected to create 15 new jobs at the company and attract $747,000 in private investment. 
  • Carteret County is set to receive $40,000 to support the expansion of a 10,000 square-foot building in Newport for the company Geodynamics, a woman-owned business specializing in coastal and marine data collection and analysis.  That project is expected to create five new jobs and attract $535,000 in private investment.
  • Beaufort County will receive $30,000 for a generator to help InterMarket Technology -- a manufacturing company that recently relocated its headquarters from New Jersey to Washington, NC -- expand its business, adding 52 jobs and attracting more than $2.5 million in private investment.