Fountain Electric & Services, headquartered in Spindale, NC, will use a newly awarded North Carolina Rural Infrastructure Authority (NC RIA) grant as part of a $2 million investment over the next 12 months.
Governor Roy Cooper announced last Friday that Fountain is the recipient of one of the 11 approved NC RIA grants, totaling $4,989,034, to local governments. Fountain’s grant is part of a budgeted prefab facility, already in progress. The completion of this new facility will result initially in 20+ manufacturing and assembly entry level jobs, growing to 40+ including professional positions in engineering, management, human resources, and marketing and sales.
You can read Governor Cooper’s full announcement online at https://www.nccommerce.com/news/press-releases/governor-cooper-announces-grants-rural-communities-attract-820-new-jobs-and-more