Guilford Commissioners OK Incentives For Ecolab
The Guilford County Board of Commissioners has approved funding for a Greensboro manufacturer. The board voted 5-4 in favor of awarding economic incentives to the company Ecolab.
The commisoners approved just over $175,000 for Ecolab to expand its existing operations.
The company manufactures sanitation products for the food service industry.
The Greensboro News & Record reports the money would be paid over a four-year period. First the company must complete a capitol investment of $27 million and create 35 new jobs.
The incentive package comes as Ecolab is considering expanding its location in Texas.
Expanding the Greensboro location would require the construction of a rail spur, which could cost over $4 million.
The Greensboro City Council already approved almost $194,000 in grant money last month to help Ecolab move forward with the project.