Two more companies may be interested in Henry County, EDC head says

No other information is yet available on the shell building or CarQuest projects, and Murphy said that while progress continues, it is still very preliminary.

The Boar’s Head project continues to gain momentum. The public is invited to a hearing at 10 a.m. today in the Community Center Conference room, 100 S. Main St. At the hearing, it is expected that procedures necessary for the company to build in New Castle will be discussed and formalized. Groundbreaking is expected by the end of October.

Today’s hearing will include the latest updates and progress on proposed Boar’s Head capital projects financing, for example. Also to be discussed is whether this financing will have an adverse competitive impact on similar facilities already constructed or operating in Henry County, as listed in a previously-published announcement in The Courier-Times.

Due to privacy requests, the Boar’s Head Provisions project was known by a code name, Project MW-16, among officials until the public announcement was made in August.

Henry County plans to issue revenue bonds not to exceed $12.5 million, which are to be paid through TIF revenues, and not additional taxation.

A average wage at Boar’s Head, it was announced Thursday at Henry County EDC board meeting, is expected to be $16.75 per hour.

Boar’s Head Provisions is a private, family-owned business that was established more than a century ago. Though they own six other facilities, Henry County’s will be the first building the company has built. The initial phase estimates a 150,000 square-foot building.