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## Expansion of Duotech Services in Macon County

### North Carolina Governor’s Announcement
North Carolina Governor Roy Cooper recently announced that Duotech Services, LLC, an engineering company specializing in the repair and maintenance of legacy defense equipment, will be expanding its operations in Macon County. This expansion is set to create 95 new jobs and involve a $6.5 million investment in Franklin. Governor Cooper highlighted that Duotech’s growth contributes to North Carolina’s reputation as a military-friendly state.

### Macon County Business Development Center Sale
The Macon County Board of Commissioners approved the sale of the county’s small business development center to a private company for $797,000. This decision was made to facilitate economic development in the region. With the sale, Duotech was revealed as the purchaser of the business development center, marking a significant development for the area.

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The AI legalese decoder can assist in deciphering the complex legal language surrounding economic development projects like the one involving Duotech Services. By simplifying legal jargon and providing clear explanations, this tool can help stakeholders better understand the intricacies of such transactions and their implications on the community.

### Impact on Local Economy
Duotech, established in 1982, has been a key player in providing maintenance and repair services to components of the U.S. Government. The company’s expansion is expected to boost the local economy and reinforce North Carolina’s position as a hub for aerospace and defense industries. Additionally, the creation of specialized roles with an average salary of $91,271 will have a positive economic impact.

### Job Development Investment Grant
To support Duotech’s expansion, the state approved a Job Development Investment Grant (JDIG) that is estimated to grow the state’s economy by $416.8 million over a 12-year period. This grant will provide financial incentives and support the company’s job creation goals. Furthermore, the company’s decision to locate in Macon County will also benefit other economically challenged communities in the state through tax revenues generated by the JDIG grants.

### Future Growth Opportunities
While the sale of the Macon County Business Development Center marks the end of an era for small business development efforts in the region, it signifies a new chapter of growth and opportunity with Duotech’s expansion. The company’s investment and job creation efforts are poised to bring significant benefits to both Macon County and the state of North Carolina as a whole.

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