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The purpose of this Golden LEAF grant is to provide support for an effort to renovate and expand an existing 40,000 sq. ft. manufacturing facility to a 56,000 sq. ft. facility to house a boat manufacturing company. The grantee will lease the building to the company at fair market value with an option to purchase. The company will create 75 jobs with an average wage of $14/hour, which is 120% of the average hourly wage in Bladen County. There is the potential that the company will create 120 jobs.