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It should also be pointed out that most of Mebane's largest customers are <br /> located in North Carolina: The pharmaceutical industry is rapidly becoming a <br /> major force in the state, and Mebane Packaging Corporation is proud of its <br /> affiliation with these progressive companies. This interaction with other <br /> local companies helps create a positive synergistic effect on the North <br /> Carolina economy and inevitably increases tax revenue for the state. Orange <br /> County presently collects approximately $50,000 annually from Mebane Packaging <br /> through property taxes. The proposed addition at Mebane would generate an <br /> additional $20,000 for Orange County in property taxes. Mebane Packaging is <br /> also a' supporter of local charitable organizations and makes a special attempt <br /> to offer financial support to local educational institutions. <br /> Mebane Packaging is- confident that if Orange County approves this project that <br /> the corporation can obtain financing satisfactory to all parties in a timely <br /> fashion. Two of the largest banks in the state have already expressed an <br /> interest in issuing the letter of credit to stand behind the bonds should the <br /> project be approved. Mebane also has experienced legal counsel available to <br /> assist in bringing the bond issue to its completion. The corporation is <br /> looking forward to working with all of the appropriate organizations in the <br /> realization of this mutually beneficial project. <br /> f <br />