Childress Technologies LLC, a new subsidiary of Richard Childress Racing Enterprises LLC, will open a plant in Davidson County to develop and manufacture engine components for the major manufacturers associated with NASCAR. The company will invest more than $192,000 to renovate a vacant 24,960-square-foot building in Lexington for the plant, which is expected to create 21 new jobs. The North Carolina Rural Infrastructure Authority has approved a $150,000 building reuse grant to Davidson County to help pay for the renovation.
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