Companies receive incentive extensions
Published 5:32 pm Tuesday, June 13, 2023
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There is a shortage of workers.
The supply chain for products is still disrupted.
Two new companies to Davie County – Palltronics and DFA – received year-long extensions on meeting employee and building criteria to receive incentives from the county. County commissioners made the unanimous decision after hearing from Terry Bralley, president of the Davie County Economic Development Commission.
The extension is needed because of the above reasons, at no fault of the companies, Bralley said, adding that incentives aren’t paid until all criteria such as number of employees hired is reached.
Bralley said some of the parts Palltronics needs to proceed with opening have been back-ordered for nearly a year. Palltronics is a high-tech pallet maker with contracts already in place that will keep the Mocksville plant busy for at least three years, so it’s leaders are eager to get it up and running.
DFA, which supplies a specific part for auto makers, is close to meeting its goals but also needs more time, Bralley said.
Both companies are having trouble finding workers.
Commissioner Benita Finney asked if there would ever be enough work force. Bralley said that is a bigger issue that needs consideration.