The Cherokee County Development Authority on Monday approved resolutions in support of four applications for the Existing Industry Incentive program.
The program is designed to support local expansion by allowing property taxes on certain improvements to be phased in over a number of years.
Belnick applied for a $5 million expansion of its bizchair.com warehouse facility north of Canton. The investment, which was announced by the furniture sales company earlier this year, is expected to add or preserve 25 jobs.
Piolax in Canton has applied for a $1.2 million investment in additional structures and equipment. The investment will add five jobs to the auto parts manufacturer's facility.
Schoen Insulation Services in Canton, a manufacturer of non-metallic machined parts, applied for a $199,400 investment in new equipment that will add six new jobs.
Universal Alloy of Canton applied for a $3 million investment in new equipment for its an aluminum extrusion company plant. The company earlier this year announced plans to add 80 jobs, 50 of which already have been filled.
The Cherokee Office of Economic Development board on Monday approved its 2011 budget, which is set at $309,000, down from the current budget of $315,000.
The board heard an update on its property on Highway 92 in southwest Cherokee, which will be used for an industrial park. The previous occupant, Jimmy Bobo, has completed his move off the property.
The board met in executive session to talk about the purchase of land, but took no action upon returning to open session.
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