April 25, 2017 - Board of Supervisors Approve Incentive Package with idX Corporation Totaling $1.525 million
On April 25th, the Board of Supervisors voted 7-0 to approve an incentive agreement with idX Corporation that should create 150 new jobs in the county. The deal for idX to relocate its manufacturing from Columbia, Maryland to the former General Motors (GM) Powertrain plant on Route 2/17 was first announced in February by Governor McAuliffe, which provided a State Grant totaling $400,000. Spotsylvania must provide a local match of $400,000 and the entire incentive package will cost the county roughly $1.525 million over 10 years. The county will receive 48 acres of land to the rear of the former GM plant. idX is planning a local job fair and expects to be operational by early June 2017.
Click here to read the Free Lance Star article.
Click here to read the Free Lance Star article about the final sale of the GM Plant.
Below is the official Spotsylvania County Government press release.