FINANCIAL_SERVICESAPPROVED

Wilson County Board of Commissioners Meeting Agenda Packet May 2026

Incentive Package Approved for Ajax Metal Expansion

Cumulative amount of $100,000 (2028–2031), not exceeding $25,000 in any one year (half County, half City)Wilson CountyAJAX METAL FORMING SOLUTIONSMay 4, 2026

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Description

Wilson County approved an economic development incentive agreement with Ajax Metal Forming Solutions, providing up to $100,000 in tax-based incentives between 2028 and 2031. In return, the company will invest at least $7.5 million in its Wilson facility and create at least 18 new full-time jobs at an average wage of $45,000.

Contract Details

Contract Amount

Cumulative amount of $100,000 (2028–2031), not exceeding $25,000 in any one year (half County, half City)

Vendor

AJAX METAL FORMING SOLUTIONS

Agency

Wilson County, NC

Contract Type

FINANCIAL_SERVICES

Document Date

May 4, 2026

Contract Term

Incentive payments over the period from 2028 through 2031

Renewal Date

2031-12-31

Renewal Info

One-time incentive structure over four fiscal years; no renewals noted. Payments are contingent on investment, job creation, and sufficient ad valorem tax revenues.