County and city OK $2.3 million in incentives to aid planned Albaad expansion in North Carolina




TINTON FALLS, NJ, July 17, 2018-

Rockingham County, NC and city of Reidsville recently approved a total of $2.3 million in incentives for Albaad USA’s expansion in North Carolina. Rockingham County will provide a total post-performance incentive to Albaad of $1.2 million to be paid out in annual installments in five phases over a 12-year span, and the city up to $1.1 million. The company must first meet the investment and job requirements for each phase to receive payments.

Albaad USA announced its expansion plans in April, which include creating 302 new jobs and investing $45 million in its existing facility on Technology Drive and also moving into a second location at the former Ball Corp. plant. Albaad USA is a multinational manufacturer of wet wipes and other hygiene products. The expansion will enable the company to produce additional lines of personal care products in Rockingham County.


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