County Weighs Incentive Grant for Charlotte Pipe
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Description
Union County is considering approval of a STEP 4-MAGNET 100 economic development incentive grant to Charlotte Pipe & Foundry not to exceed $2,350,000 over a fourteen-year period. The incentive is tied to Project Endurance and aims to support industrial investment in the county.
Contract Details
Contract Amount
Not to exceed $2,350,000
Vendor
CHARLOTTE PIPE & FOUNDRY
Agency
Union County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
January 12, 2026
Contract Term
Fourteen-year period
Renewal Info
Economic development incentive grant structured over fourteen years; no specific renewal provisions stated.
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