FINANCIAL_SERVICESPENDING

Economic Development Incentives Proposed for Southeastern Container

Buncombe County is considering an Economic Development Agreement with Southeastern Container to support a $31.3 million expansion at its Enka facility, with 12 new full-time jobs. The deal would provide up to $85,000 in County incentives and facilitate a $100,000 NC Commerce Building Reuse grant, with performance-based payouts over a multi-year term.

Document date · August 18, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Up to $185,000 in combined incentives ($85,000 County; $100,000 State)
Contract type
FINANCIAL_SERVICES
Contract term
Grant Term 2026-02-19 to 2028-02-19; Economic Development Agreement performance term approximately 6 years (3-year creation + 3-year retention, Project completion on or after April 30, 2029)
Renewal date
2029-04-30
Renewal
County incentives are structured as a one-time grant with additional performance-based components over a six-year creation and retention period; no automatic renewal is indicated, but project performance will be monitored through the grant term and EDA timelines.
Document type
AgendaPacket
Source document
Buncombe County Board of Commissioners Agenda Packet 2026-08-18

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Buncombe County?

Southeastern Container was awarded this financial services contract by Buncombe County, as recorded on August 18, 2026. The contract value is Up to $185,000 in combined incentives ($85,000 County; $100,000 State).

How much is the Southeastern Container contract with Buncombe County worth?

The Southeastern Container contract with Buncombe County is valued at Up to $185,000 in combined incentives ($85,000 County; $100,000 State), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Buncombe County Board of Commissioners Agenda Packet 2026-08-18 (AgendaPacket), dated August 18, 2026 from Buncombe County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Southeastern Container hold?

Southeastern Container may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Southeastern Container's profile

What is Buncombe County currently buying?

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