LINCOLNTON, N.C. - A footwear company has announced its plans to invest millions of dollars in its Lincoln County facility.
"Lincoln County existing industry, The Walking Company, is planning to invest over $7.5 million in the expansion of their existing facility in the Lincoln County Industrial park," John Dancoff, with the Lincoln Economic Development Association, said.
Dancoff presented a request to county commissioners Monday to grant The Walking Company tax incentives based on the county's Industrial Incentive Grant Program.
If the request is approved, the county will provide $30,931.88 per year in grants for a five-year period after the completion of the project. The grant total would be $154,659.40.
The Walking Company, based out of Anaheim, currently has 200 employees at their Lincolnton facility and will add over 45 additional jobs to their staff.
"As a leading national retailer and manufacturer of comfort footwear, we are excited to continue our growth in Lincoln County with the expansion of our distribution center," Mike Grenley, CEO at The Walking Company, said. "Our increased production successively stimulates economic growth in the local community with additional jobs."
Dr. Jim Watson, board chair of the Lincoln Economic Development Association, said he looks forward to the company growing their operations.
"It is great news that The Walking Company is expanding in Lincoln County,” Watson said. “They have been a good corporate citizen and we look forward to their presence continuing to grow."
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