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Economic Development 101


What Happens If They Don't Deliver? The Safeguards Behind Local Incentives (pt.2)
Picture this: a company agrees to locate or expand, negotiates a local incentive, breaks ground, hires a few hundred people... and then, three years in, quietly locks the doors and leaves town. Did we just hand out free money on a handshake, with no plan for what happens when things go sideways?

Nathan Huret
3 days ago5 min read


Why Doesn't a Company Just Get a Check? A Look Inside Local Incentives (Part 1)
Somewhere out there right now, someone is reading a headline about a new project coming to Catawba County, and there's a flicker of worry that this company's success — and its choice to land here — means a dollar is coming out of their own wallet or purse to make it happen. I get it. I'd think the same thing if I didn't do this for a living. It's probably the single most misunderstood piece of what we do, so let's take it head-on. First, a definition, because "incentive" g

Nathan Huret
Jul 275 min read


What is Economic Development, Really?
You've probably seen the headline before: a new company is coming to Catawba County, bringing jobs and investment. Maybe it had a curious code name attached - "Project" something-or-other. Maybe there was a public hearing, or a mention of a tax incentive, or a number that made you wonder. If you've ever found yourself asking what any of this actually means for you - your tax bill, your neighborhood, your kids' schools - you're not alone. It's a fair question, and it deserves

Nathan Huret
Jul 174 min read
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