A local company plans to grow and hire more employees. 

Molded Fiber Glass plans an additional 15,000 to 20,000 square feet of space and to add new machines and equipment. With the added space and equipment, the company plans to hire 20 new employees within three years, according to information from Burke County. 

The company currently has 183 workers at its Reep Drive facility in Morganton. 

The expansion is expected to increase taxable investment of $8 million, according to the county. 

Burke County commissioners could decide at its regular December meeting on whether to approve an economic development incentive for the company based on its expansion plans. 

The item is on the commissioners’ pre-agenda meeting, at which time the board will decide whether to keep it on its agenda for its Dec. 20 regular meeting. If it stays on the agenda for the regular meeting, the board will hold a public hearing on the item before making a decision. 

Burke Development Inc. is recommending an economic incentive of 50 percent of new taxable investment over a three-year period, according to information from the county. That would work out to around $27,200 a year, starting with the 2018-19 fiscal year county budget, according to the information. 

The commissioners’ pre-agenda meeting will start at 3 p.m. on Dec. 5 in the county board room of the Burke County Services Building, located at 110 N. Green St., Entrance E, Morganton.


Get today’s top stories right in your inbox. Sign up for our daily newsletter.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.