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County honors Partnership for recruiting $1B in capital investment

Pictured in are Zach Cooper, Jamie Justus, Brittany Brady, Rebecca McCall, Mark Russell, Emily Martin, Sheila Franklin, Chip Gould, Will Buie and Nathan Kennedy. Behind are commissioners Daniel Andreotta, David Hill, Michael Edney and Bill Lapsley.

By Lightning Reports, Published: April 20, 2024

The Henderson County Board of Commissioners paid tribute on Wednesday to the Partnership for Economic Development, saluting the nonprofit agency for recruiting companies that had invested more than $1 billion in land and new factories and created more than 3,370 new jobs.

A public-private organization, the Partnership since it was formed has recruited $1,094,115,000 in new capital investment — accounting for 24 percent of tax receipts —created more than 3,370 new jobs and worked to retain the county’s manufacturing workforce, said the resolution proclaiming May 6-10 Economic Development Week.

Commissioners themselves are a crucial partner in the jobs recruiting enterprise, having awarded millions of dollars in property tax givebacks for companies that meet investment and payroll standards.