Best Diamond receives $200K grant from Lenoir County
Lenoir County Economic Development Interim Director Keely Koonce delivers details about the grant to Best Diamond Packaging during Monday’s Lenoir County Commissioners meeting. Photo by Junious Smith III / Neuse News
Best Diamond Packaging will continue to be a manufacturer in Lenoir County for many years to come.
In Monday’s Lenoir County Commissioners meeting, the members of the board in attendance unanimously agreed to the organization receiving a $200,000 economic development grant paid over five years from Lenoir County to support the extension. Board Chair Linda Rouse Sutton, along with Roland Best and Eric Rouse, were absent for Monday’s meeting due to prior engagements.
Best Diamond, a napkin manufacturing company, is set to stay for an additional 15 years and projected to bring $10 million of revenue to the area, along with six new jobs.
“Best Diamond has been a vital manufacturer in Lenoir County since 2004,” Lenoir County Economic Development Interim Director Keely Koonce said. “We are grateful for their continued efforts in supporting economic development in Lenoir County.”
Lenoir County Commissioner Craig Hill said it was a positive for the area.
“It’s always great when we can get new businesses to invest in Lenoir County, but equally as important for older ones to renew,” Hill said. “We’re thankful for Diamond working with us and dedicating another 15 years to Lenoir County.”
Fellow Commissioner J. Mac Daughety shared similar sentiments.
“As a community, we’re always happy with new investors and expansion, and hopefully this leads to more jobs,” Daughety said. “Diamond has been a good corporate partner and I’m glad to see this as a successful agreement for all parties.”