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22 <br />Attachment #4 <br />Chronology of Events: <br />The State of North Carolina's "Project Rainbow" made a total of 11 site selection visits to Orange County over the <br />previous 19 months, prior to Morinaga's September 3rd, 2013 public announcement to select our community. <br />• February 1, 2012 <br />• April 5 — 6, 2012 <br />• May 18, 2012 <br />• July 11— 16, 2012 <br />• August 22, 2012 <br />• August 27, 2012 <br />• January 11, 2013 <br />• January 24, 2013 <br />• January 31, 2013 <br />• March 19 — 21, 2013 <br />• April 14 — 15, 2013 <br />• June 11, 2013 <br />• July 1, 2013 <br />• July 10 — 12, 2013 <br />• July 20, 2013 <br />• August 30, 2013 <br />• September 3, 2013 <br />• September 17, 2013 <br />• October 7, 2013 <br />• October 15, 2013 <br />N.C. Department of Commerce first contacted Orange County regarding a <br />site search called "Project Rainbow" for an unidentified company. <br />First visit to see sites in NC & Orange County by Morinaga America & the firm's <br />Portland, OR -based site selection consultant, InSpec Group. <br />Morinaga America & consultant returned to see NC and Orange County sites. <br />Morinaga America & consultant returned to Orange County. <br />Consultant returned to Orange County. No other NC sites were visited. <br />BOCC first met in closed session to discuss a potential incentive. <br />Morinaga & Co.'s senior staff from Japan, Managing Director Toru Arai & <br />Senior Managing Director Osamu Noda, travelled from Tokyo to see the two <br />finalist sites in Orange County and Atlanta, and met with Governor McCrory & <br />North Carolina Department of Commerce Secretary Sharon Decker. <br />BOCC received a second closed session briefing on the project. <br />Orange County was notified it had emerged as one of 2 finalist locations, along <br />with a competing site near Atlanta. <br />Morinaga America's President from Los Angeles, Masao Hoshino, visited & <br />met with BOCC in closed session; Orange County's proposed incentive was <br />discussed and tentatively approved. <br />Consultant returned. <br />Consultant returned. <br />Mr. Toru Arai, who first visited Orange County in January 2013, was promoted <br />to the position of President of Morinaga & Co., Ltd. in Japan. <br />Chairman Gota Morinaga visited NC and Orange County to review our site and <br />meet with the Governor. <br />Morinaga & consultant returned to view additional acreage. <br />Morinaga & consultant returned to observe the site survey. <br />Official public announcement of Morinaga's decision to select Orange County. <br />Consultant visit to discuss site infrastructure development. <br />Masao Hoshino (President of Morinaga America, Inc.) & Keita Morinaga (son of <br />Chairman Gota Morinaga, and head of the firm's New York office) attended the <br />Public Hearing in Mebane. <br />Masao Hoshino and Keita Morinaga attended the Orange County Public Hearing. <br />Morinaga's Planned Investment in Orange County: <br />On September 3, 2013 the company announced its' tentative decision to invest in Orange County, as follows: <br />• Capital Investment: <br />• Employment: <br />• Average Salary: <br />• Annual Payroll, w/ benefits: <br />• Facility Size & Type: <br />$34 - $48 million (over 5 years) <br />90 - 120 jobs <br />$37,969 <br />$3.4 million <br />98,000 sq. ft. <br />3 <br />