CDC: $75K incentives approved for Cascade Die Casting Group expansion in High Point

The High Point City Council has approved $75,000 worth of incentives for Michigan-based Cascade Die Casting Group Inc., which is considering an expansion of two existing company locations in south High Point. The growth would create 25 full-time jobs and add $6 million to the local tax base. The company is also considering locations in Michigan and Mexico for the expansion. Loren Hill, president of the High Point Economic Development Corp., confirmed that the council voted 7-1 to authorize the…