FINANCIAL_SERVICESAPPROVED

Wilson County Board of Commissioners Agenda April 2026

Wilson County Incentive Approved for Ajax Metal Expansion

Cumulative amount $100,000 (not exceeding $25,000 in any one year; one-half paid by County, one-half by City)Wilson CountyAJAX METAL FORMING SOLUTIONSApril 21, 2026

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Description

Wilson County approved an economic development incentive agreement with Ajax Metal Forming Solutions totaling up to $100,000 over four years to support a $7.5 million facility investment and at least 18 new jobs. Payments from 2028 through 2031 are contingent on ad valorem tax revenues and will be split between the County and City of Wilson.

Contract Details

Contract Amount

Cumulative amount $100,000 (not exceeding $25,000 in any one year; one-half paid by County, one-half by City)

Vendor

AJAX METAL FORMING SOLUTIONS

Agency

Wilson County, NC

Contract Type

FINANCIAL_SERVICES

Document Date

April 21, 2026

Contract Term

Incentive payments over the period from 2028 through 2031

Renewal Date

2031-12-31

Renewal Info

One-time economic development incentive structured as annual payments from 2028–2031; no renewals specified. Annual payments cannot exceed ad valorem taxes paid in each year.