Union County Board of Commissioners Meeting Agenda March 2025
County Approves $133K Incentive Grant for Southern Electrical Equipment
Trusted by teams at
Description
Union County will award Southern Electrical Equipment Company, Inc. a STEP 2 Economic Development Incentive Grant not to exceed $133,000 over five years starting in FY 2027. The grant supports a planned $7 million investment and job creation tied to the company’s move into the Monroe Corporate Center.
Contract Details
Contract Amount
Not to exceed $133,000 over five years
Vendor
SOUTHERN ELECTRICAL EQUIPMENT COMPANY INC
Agency
Atrium Health Union, NC
Contract Type
FINANCIAL_SERVICES
Document Date
March 3, 2025
Contract Term
Five-year grant period beginning FY 2027
Renewal Info
Five‑year incentive grant based on annual appraised value; no renewal beyond the grant period described.
More from SOUTHERN ELECTRICAL EQUIPMENT COMPANY INC
Related Contracts
More from Atrium Health Union
Union County Proposed Operating and Capital Budget Fiscal Year 2027
Union County Proposed Operating and Capital Budget Fiscal Year 2027
Union County Board of Commissioners Meeting Agenda May 18 2026
Union County Board of Commissioners Meeting Agenda May 18 2026
Union County Board of Commissioners Meeting Agenda May 18 2026
Want to learn more?
Get alerts on contract renewals, new awards, and vendor activity.
Bring us your territory.
We'll show you what is forming.
See live SLED buying signals, source docs, decision-makers, contract context, and the next step into your CRM or pipeline.