Renewal of an incentive package for Campbell Soup in Maxton is good news for the area, according one Scotland County leader.
On Monday,the county commissioners in neighboring Robeson County renewed an agreement with the canned soup giant.
The approximately $540,000 in incentives, based on job creation and capital investment, are part of a four-year agreement that Robeson County made with the company in 2010. At that time, the company expanded its plant in Maxton to include a new manufacturing line at the cost of about $29.8 million. The expansion added about 100 employees.
“Anything that results in keeping Campbell Soup around, even though they aren’t located in Scotland County, would be good,” said Bob Davis, chairman of the Scotland County Board of Commissioners.
Praising Campbell Soup’s support of local charity, namely the United Way, Davis said that the company “does a lot of good in Scotland County.”
Davis also acknowledged the company’s role as an employer of more than 800 people, many of whom are from Scotland County.
Campbell Soup Supply Company gets incentives each of the four years of the agreement based on tax valuation of the property resulting from the new capital improvements, according to Hal Kinlaw, county attorney for Robeson.
The incentives are contingent on the company retaining at least the 857 employees who work at the plant over four years.
“We feel it is better to give the incentives and keep the jobs,” Kinlaw said.
If Campbell Soup continues to meet all the requirements contained in its agreement, it will receive incentives valued at $128,436 in 2012 and $113,883 next year.