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Guilford County Approves $400K TIMCO Incentive

10:56 PM, Apr 4, 2013   |    comments
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Greensboro, NC -- The Guilford County Board of Commissioners helped the county  come one step closer to welcoming a TIMCO expansion here in the Triad.

Commissioners voted 5 to 4 in Thursday night's meeting to approve a $400,000 incentive package to offer the aviation company.

TIMCO is looking to expand, and this money could help the company choose to expand its operations at PTI Airport. TIMCO is considering Greensboro and five other locations.

The Greensboro City Council approved another $400,000 in incentives in its meeting this week.

Read More: Greensboro Approves TIMCO Incentives

The expansion would bring 400 new, full-time jobs to Guilford County over the next five years.

The $400,000 from commissioners will also be paid over that five-year period.

WFMY News 2

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