The good news keeps coming for Guilford County.
Amada America, a sheet metal fabrication company, is asking the Guilford County Board of Commissioners to approve an incentives package for a new $82 million project at 2545 and 2565 Penny Road in High Point.
On the heels of a Publix Super Markets deal that could bring 1,000 jobs to the county, the Board of Commissioners is being asked to approve the incentives package for the Amada plant, expected to bring over 200 new jobs to the county.
The commissioners will hold a public hearing on the incentives package at the board’s Thursday, April 19 meeting.
The company uses advanced laser cutting methods and other processes to fashion sheet metal products used in planes, air conditioners, farm equipment, gaming equipment, medical equipment, restaurant machinery and other things.
High Point has been a hotbed of new economic activity lately and landing the large Amada project would continue that trend. If the vote on Publix incentives package was any indication – a unanimous vote of approval by the Board of Commissioners earlier this month – this Amada request should pass as well.
The Guilford County commissioners have discussed the matter in closed session but must hold a public hearing before approval. The incentives package on the table would, for five years, give Amada a break on its property tax bill for the Penny Road project.
Commissioner Skip Alston said that he expects the board will approve the request.
“This is a very pro-business, pro-jobs board,” Alston said.
Amada, like Publix, has made no official announcement that it will locate in Guilford County; however, generally when a company is at the point where it is officially asking for incentives, that’s a good indication the company intends to locate in that area.
Amada America is part of a global company headquartered in Japan.
In addition to the incentives from Guilford County, the company is also seeking an incentives deal from the City of High Point that amount to nearly $1.2 million.
