The Gaston County Investment Grant Program allows eligible companies to receive a portion of their property taxes back in the form of a grant. The Cities of Gastonia, Bessemer City, Belmont and Cherryville, and the Towns of Dallas and Stanley offer the same industrial grant program. In addition, the City of Kings Mountain offers a separate investment grant program.

Available State Incentives Include:

• Credits for Growing Businesses (Article 3J Credits) which includes credit for creating jobs and investing in business property against state income or franchise tax. Gaston County is a Tier 2. The jobs threshold is 10 with a $5,000 credit per job. The investment in business property threshold is $1,000,000 and the credit percentage is 5%.
• Job Development Investment Grant Program (JDIG)
• Research and Development Tax Credit (Article 3F Tax Credits)

Other Incentives and Grants:

• 2008 Grant Application Package (PDF download)
• Duke Energy offers a special Economic Re-Development Electrical Rider.
• City of Gastonia offers a special Economic Development Electrical Rider (ER1) and Economic Re-Development Rider (ERD).

Note: The information provided on available incentives is in no way all inclusive and is subject to change.

Download Incentives Summary (PDF 77KB)

Watch EDC Support Video:
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