Orange County NC Website
l <br /> { 3 <br /> Industrial Facilities and Pollution Control Financing Authority <br /> June 22, 1990, 8:30 A.M. <br /> Planning Conference Room #1 <br /> 306 East Revere Road, Hillsborough, NC <br /> Present: Tom Tiemann, (Chair) , Edward Bergman, John Gastineau, Sandy <br /> McClamroch, Elaine Parker, Ted Abernathy & Oli Devaud (EDC Staff) <br /> Absent: John McKee, Maury Klein <br /> Press Present: Julia White - Chapel Hill Herald <br /> I. Industrial Revenue Bond Presentation <br /> The group was assembled to hear a presentation by Joe Heldreth, a <br /> representative of Mebane Packaging. A synopsis of his presentation is <br /> attached. Mebane Packaging's three largest contracts are with RTP <br /> companies, Burroughs Wellcome, Glaxo, and Bristol-Meyers. Mebane <br /> Packaging normally -run 3 shifts per day, 5 days per week, but is now <br /> overloaded with contracts and must work 6 or 7 days per week to keep up. <br /> Their first choice for expansion would be to expand in North Carolina <br /> instead of expanding in Mississippi or looking for acquisition of another <br /> carton manufacturer. <br /> The 60,000 sq. ft. addition would add to the existing 170,000 sq. ft. and <br /> would consolidate 30,000 ft. of warehouse currently located in Alamance <br /> County. The work force is approximately split 50/50 between Alamance and <br /> Orange Counties. All property taxes, approximately $50,000 per year, go <br /> to Orange County. <br /> Department of Economic and Community Development guidelines require that <br /> one job be created for each $150,000 of bond approved. The 46 jobs that <br /> Mebane Packaging proposes to create fit well within the $5.5 million <br /> dollar bond they are requesting. Mebane Packaging wage rates are higher <br /> than the average Orange County manufacturing wage rates as shown on page 2 <br /> of the attached presentation. A 4 - 5 percent annual increase keeps wages <br /> consistently above the Orange County average. Minimum wage at Mebane <br /> Packaging is $6.76. Many fringe benefits are offered including a <br /> Christmas bonus based on seniority. Mebane Packaging also offers an in- <br /> house GED program to encourage employees to educate themselves. <br /> In. August, 19$9; Mebane Packaging went through a recapitalization process. <br /> As a part of that process, a thorough environmental audit was done by <br /> Westinghouse Geotechnical Services. Their analysis gave Mebane Packaging <br /> a clean bill of .health. Any scrap paper produced in the process is <br /> recycled. <br /> Ink, printing supplies, professional services, and glues are purchased in <br /> North Carolina. Paper is produced and purchased in Mississippi where <br /> their other plant is located. <br /> f <br /> The proposed 60,000 sq. ft: expansion is estimated to produce an <br /> additional $20,000 in annual property taxes for Orange County. Mebane <br /> Packaging is active in community affairs and boosts education by providing <br /> $10,000 per year in grants and matching employee contributions to <br />