Agenda - 10-15-2013 - 5a - Laserfiche WebLink

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10 1 • North Carolina Community Colleges System 2 • North Carolina Department of Transportation 3. InSpec Group 4 (Site selection consultant from Portland, OR) 5 Other Participants 6 • University of North Carolina at Chapel Hill 7 (Chancellor's Office; Office for Innovation & Entrepreneurship) 8 • Progress Duke Energy 9 • PSNC Energy 10 • Research Triangle Regional Partnership 11 • Land owner 12 13 Chronoloqy of Morinaga & Co., Ltd.: 14 1899: Taichiro Morinaga returns from San Francisco and establishes a candy and confectionery company 15 with partner Hanzaburo Matsuzaki, becoming the first to introduce Western-style snacks to Japan. 16 1914: After years of research, Morinaga launches a caramel candy, Hi-Chew, designed to appeal to the 17 Japanese market. 18 1917: Morinaga establishes a dairy operation in Japan. 19 1918: Morinaga becomes the first company to market chocolate bars in Japan. 20 1920: The Company begins production of powdered baby formula. 21 1925: The Company installs machinery and begins mass production of candies and confectionery. 22 1949: The dairy operation is spun off as a separate company, Morinaga Dairy Industries. 23 1956: Morinaga begins production of ice cream. 24 1964: The Company has a new hit product with the launch of Hi-Crown Chocolate. 25 1983: The Company launches a nutritional foods division and begins a product development and 26 marketing agreement with Weider, of the United States. 27 1995: The highly popular Weider in Jelly product line is launched. 28 2000: The Company launches a new corporate "power brand" strategy focusing on core brands and 29 product lines. 30 2004: A new manufacturing facility is completed in Shanghai in order to supply the market in China. 31 32 33 Company History: 34 Established in 1899 by Taichiro Morinaga, who had a pioneer spirit and the dream of"offering nutritious and 35 good-tasting confectionery to Japanese children,"Morinaga & Co. Ltd. was the first Western-style 36 confectionery manufacturer in Japan. During the past 114 years, Morinaga has carried out its corporate 37 operations guided by the vision, "We Offer Good Health with Delight & Taste." 38 39 One of Japan's leading candy and confectionery manufacturers, Morinaga & Co. Ltd. is also credited with 40 introducing Western-style treats to Japan at the dawn of the 20th century. After more than 114 years, 41 Morinaga has remained at the top of the Japanese candy industry, producing a strong line of candies, 42 chocolates, frozen desserts and snacks, and nutritional products. Entering the new century, Morinaga has 43 developed a new "power brand" strategy emphasizing its core product lines, which include Milk Cocoa, 44 Hotcake Mix, Amazake drinks, frozen desserts, and Weider in Jelly, a line of drinkable, gelatin-like drinks 45 marketed under license from the United States' Weider Nutrition International Inc. 46 47 The company also produces a number of other licensed candy products, including Pez and Werther's 48 Original. Morinaga operates five manufacturing facilities in the Tokyo region; the company also has a 49 manufacturing subsidiary in Taiwan and built a new plant in Shanghai, China. The company also operates 50 sales subsidiaries in Europe and North America, and sells its products in more than 26 countries. Listed on 51 the Tokyo Stock Exchange, Morinaga is led by Gota Morinaga, grandson of the company's founder. 52 53 Born in Kyushu, in the north of Japan, in 1863, founder Taichiro Morinaga went to work for his uncle, a 54 potter, in exchange for room and board after his father's death when Morinaga was just seven. Morinaga, 55 who had no formal education, became the bookkeeper of the pottery business, and then, at the age of 18,