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Carolina Premium Foods okayed to apply for a Townsend’s plant upfit grant

Posted Monday, August 25, 2014

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Siler City, NC— The Chatham Economic Development Corporation (EDC) learned on August 22, 2014 that the NC Rural Infrastructure Authority in the NC Department of Commerce had approved a pre-application that authorizes Carolina Premium Foods to apply for a $750,000 grant. If successful, the grant would upfit the former Townsend processing plant in Siler City.

“This means that Town of Siler City can move forward with an application for a Community Development Block Grant once the town is satisfied that the project is ready to move forward,” said Dianne Reid, president of the Chatham EDC.

At this time, Carolina Premium Foods is still exploring the possibility of starting production at the old Townsend processing facility. The NC Rural Infrastructure Authority’s approval is just one of the several important steps that need to be completed before Carolina Premium Food can begin operations.

“The Chatham EDC has spent a significant amount of time working with the principals of this startup and we remain optimistic about the company’s prospects,” said Reid.

 
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