Business

County joins city in offering tax incentives to lure manufacturer

By Bill Moss, Published: June 5, 2026

Henderson County joined the city of Hendersonville in offering tax incentives to attract a $124 million manufacturing plant employing 148 workers making an average wage exceeding $62,776, raising the total potential property tax refund to $6½ million over seven years.

The Hendersonville City Council on June 4 agreed to offer up to $3,520,2745 in tax incentives to lure Project Crown Co., code name for a manufacturer that is looking to invest at least $72,772,751 to build a 130,000-square-foot plant and $51,112,878 to equip it with machinery. Henderson County commissioners voted unanimously on Wednesday to follow suit, offering $2,917,766 in property tax givebacks over seven years. 

"This is a continuation of what has been in my opinion a very successful incentive program to attract new industry to our county and jobs to our citizens," board Chair Bill Lapsley said.
The city council during its June 4 meeting heard from Emily Martin of the Partnership for Economic Development, which is involved in the recruiting of a global company that “provides design, engineering, manufacturing and supply chain services to many of the world's top brands” in the healthcare industry, a resolution adopted by the council said. The company makes “precision injection-molded components that are subsequently assembled via high-speed automated assembly lines and ship to customers for final label labeling and distribution.” The company has global locations as well as plants in North Carolina. It’s looking at sites in Ireland, Illinois, Florida and elsewhere in North Carolina, the jobs recruiting agency said.

The Project Crown pitch came just weeks after city, county and state officials touted the announcement that BorgWarner Inc. is investing $100 million in a plant off McMurray Road that will create 378 new jobs paying more than $67,047 a year.