Pitt County Development Commission Presents Check for DENSO Expansion
June 4, 2020 (Greenville, NC) – The Pitt County Development Commission visited DENSO Manufacturing on June 4, 2020 to present an incentive check totaling $187,394.73. DENSO, a global supplier of advanced automotive technology systems and components, received the check in accordance with Pitt County incentives awarded for their 2013 expansion.
The check is the fifth payment in an 8-year incentive agreement that solidified DENSO’s expansion in Pitt County in which the company committed to invest $50 million and create 200 new jobs. The economic development grant is equivalent to a percentage of the net increase in DENSO’s property taxes each year over the 8-year period.
“We are very fortunate that DENSO decided to expand in Pitt County. They could have expanded in one of their other locations, but the fact that they expanded here is an endorsement of our business climate and support in Pitt County. When industries commit to expanding and creating jobs, we want to do everything we can to help with that. The incentive helped with their location decision, but our ongoing support and partnership with one of our largest industrial employers is a point of pride for PCDC,” stated Zack Cleghorn, Pitt County Development Commission’s Business Retention and Expansion Specialist.
DENSO has had a presence in Greenville since 1995 and currently employs approximately 900. The company manufactures front wiper motor linkages, arm and blades and radiator fan motors in Greenville for its North American customers.
Pictured accepting the check from Zack Cleghorn, Business Retention and Expansion Specialist for the Pitt County Development Commission, are Denso employees (left to right), Melvin Collins, Senior Manager, Dennis Jewell, Senior Manager, Demetrius Robbins, Senior Manager, and Roy Cronce, Vice President.
The Pitt County Development Commission recruits new industry and supports existing industry in Pitt County. Its mission is to promote job growth, diversify the County’s economy, and expand the local tax base. To learn more about the Pitt County Development Commission, visit www.LocateInCarolina.com.