— Information courtesy of Granville County Public Information Officer Terry Hobgood
A Granville County manufacturing firm is expanding its footprint with a 20,000 square-foot addition to its existing facility.
The Granville County Board of Commissioners recently approved an incentive grant to Dill Air Controls Products for an expansion project at their Oxford facility. Following a public hearing, commissioners unanimously approved an incentive package for an estimated $25,799. The grant will not exceed 65 percent of county tax revenues generated by Dill Air Controls for real and personal property. The final grant amount could change based on the actual tax revenues generated.
The expansion will result in the creation of new full-time jobs, a trend that is expected to continue as the product line increases as a result of the company’s expansion. Dill last expanded in 2016, creating twenty three new jobs and investing over $1.6 million in capital.
The project is expected to result in a projected total investment of $6.5 million. This includes a capital investment of $4.5 million in real property improvements and $2 million in associated business personal property, according to information from Granville County Public Information Officer Terry Hobgood.
“Dill’s decision to expand operations at their Oxford facility continues to illustrate that our manufacturers have the advantage of stability and longevity for their operations in Granville County,” said Granville County Economic Development Director Charla Duncan. “Our Board of County Commissioners continues to show support to Dill with this grant, which sends the message that not only is Granville open for new business, but we value the role our existing industries play in our local economy. Where we can support them, we will.”
Founded in Ohio in 1909, Dill moved to North Carolina in the 1960s and has operated in the Oxford area for the past 20 years. The company employs more than 180 people and is one of Granville County’s top 20 employers. Dill is a global exporter that designs, develops, and manufactures products for an array of industries, including both the automotive and aviation industries. Dill’s customer base includes notable brands like NASCAR, Bridgestone, Caterpillar, Goodrich, Goodyear, Kawasaki and Honeywell.
To learn more about Dill Air Controls Products, visit https://www.dillvalves.com/
