hertford-county-board-of-commissioners-meeting-minutes-october-6-2025_de1.pdf
Economic Development Agreement Approved with Structural Coatings
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Description
Hertford County approved an Economic Development Agreement with Structural Coatings, Inc. involving administration of a $280,000 state Building Reuse Grant and a $14,000 county match. In return, the company will invest $8.2 million and create 35 new jobs at its Hertford County facility.
Contract Details
Contract Amount
$280,000 grant plus $14,000 county match
Vendor
STRUCTURAL COATINGS INC
Agency
Hertford County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
October 6, 2025
Contract Term
Seven-year performance period referenced for related training support
Renewal Info
Agreement tied to investment and job creation benchmarks over a multi‑year period including a seven-year related training commitment; specific renewal provisions not detailed in minutes.
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