In April, Lockhart Power presented Union County with $250,000 in utility license tax credit funds to support local economic development efforts.
The funding will be used to advance infrastructure improvements at the Cudd Property, an industrial site located along Jonesville Highway. These upgrades are intended to prepare the site for future development, improving its readiness for businesses that may locate there and contribute to long-term growth in the area.
Utility license tax credits are one of several tools counties can use to reinvest in infrastructure that supports job creation and broader economic stability. In this case, the investment at the Cudd Property reflects a collaborative approach between local government and utility partners to strengthen the foundation for future opportunities.
Lockhart Power has a long history of working alongside local leaders on projects that support economic development across its service territory. Contributions like this one help move projects forward by addressing practical needs, such as site access, utilities, and infrastructure, that are needed to make development possible.