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Press Release – Lincoln County Industrial Incentive Grants for KACO USA and United Plate Glass

Lincolnton, NC, March 6th, 2023 – John Dancoff, Existing Business Manager for Lincoln Economic Development Association, presented requests for Lincoln County Industrial Incentive Grants to the county commissioners on Monday, March 6th for KACO USA and United Plate Glass.

KACO USA is located at 1001 Lincoln County Parkway, in the Lincoln County Industrial Park. The KACO Group is one of the world’s leading developers and manufacturers of high precision,
practical sealing solutions for the automotive and mechanical engineering sectors. KACO will invest $1,500,000 in new equipment at their Lincoln County facility. Upon the
Commissioner’s approval of the request, and completion of the project, the county will provide $4,874 per year in grants for five years.

The second was for United Plate Glass, located at 1004 Lincoln County Parkway, also in the Lincoln County Industrial Park. United Plate Glass serves the commercial and residential glass
industry as a major supplier of architectural glass products. United Plate Glass will invest $5,035,000 to expand its current location by 24,400 square feet and add additional equipment.
Upon the commissioner’s approval and once the project is completed, the county will provide $21,167 per year for five years.

Matt Anderson, Plant Operations Manager at UTG stated, “We are very excited to continue our growth in Lincoln County and increase our ability to provide quality, service, and reliability to
the glass industry in our region.”

Kim Phillips, board chair for Lincoln Economic Development Association offered her congratulations. “Continued investments into Lincoln County by these two companies fortify
their commitment to our community and their employees. We are proud to have them as part of our economic team.

Carrol Mitchem, chair, of the Lincoln County Board of Commissioners offered his congratulations. “Thank you to these two industries for your continued confidence in investing equipment and adding jobs in Lincoln County”.