One North Carolina Fund to Award $200,000 to HSM

Agency - Department of Commerce

The One North Carolina Fund, which is administered by the state Department of Commerce, will award a performance-based grant worth $200,000 to HSM, an industry supplier.

HSM plans to create 162 new jobs throughout the state and invest more than $3.3 million over the next three years in Hickory and Conover. The grant will fund the state's goal of economic activity expansion and job creation increase.


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Programs that provide technical assistance, venture capital, loans, loan guarantees or other forms of management support to encourage the establishment and growth of business and industry in a particular region of the United States.