Low Tax Rate

Companies looking to relocate to Stanly County enjoy a low tax rate and a strong economic aid package that includes low interest rates for renovations and equipment as well as a tax credit for every newly created job. Businesses with an eye on growth and expansion also appreciate the abundance of affordable greenfield and industrial sites.

What attracted companies like Massachusetts-based American Fiber and Finishing Inc., was Stanly County's low tax rate and an economic aid package that included four percent loans for renovations and equipment and a tax credit for every new job created by the new company.

What also attracts many expanding businesses to Stanly County is the abundance of affordable greenfield and industrial sites which allow companies to create campus-styled facilities that are conducive to growth.

Stanly County's local government does everything it can to ensure businesses thrive and prosper including city and county economic development benefits and electric, water and sewer rate incentives. In fact, Stanly County offers some of the lowest utility rates and land/construction costs in the region.

For more information on state incentives, visit the North Carolina Department of Revenue website.

Cooperative Local Government

Local government in Stanly County stands behind business and works collaboratively with employers to help them prosper. Low tax rates, a virtually nonexistent unionization rate, and low utility, land and construction rates, are just a few examples of the incentives businesses can realize when they do business in Stanly County.

Employers also benefit from investment, job creation and worker training tax credits. Many companies are able to realize a credit of up to 50 percent against state income or franchise taxes. Fortunately, Stanly County boasts the largest available workforce in the region. From pre-employment recruiting to start up and ongoing training, Stanly County has the incentives, workforce and quality of life that help business prosper.