Agenda - 01-05-1987 - Laserfiche WebLink

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• X54 5 Janneke Hermans to confirm that the Resolution conforms with CDC's expectations of how the arrangement could work between Orange County and CEDCO. The motion was passed unanimously, and the Director was asked to communicate with the Board of Commissioners, end take steps to have the item placed on the agenda of the first meeting in January. 3. Director's Reoort. - Inquiries. Sylvia Price reported that seven inquiries were made during the period of the Lest two months, five from menufactur- are, .one commercial, and one high—tech production, and that two of these are probably serious. Hjllsborouor Textile Closure., Sylvia Price explained the Hillsborough Textile mill has had several names, which can be confusing unless you know that they all refer to the same mill, viz.: Hillsborough Textiles, Falk Fibers and Fabrics, Saratoga Knitting Mills, Hanover Mills, Guilford Mills. She stated that Guilford purchased the operations (but not the real estate) from the Falk family in October, and within the same week announced that the dyeing and finishing operation would close. A few weeks Later it was announced that the knitting operation would also be closed, making a complete closure of the mill by the end of December. She said it was her understanding that Guilford had bought the company, which owns mills in several towns, for its market share and the more modern of the (not the Hillsborough facility) mills. The building and Land are owned by 11 members' of the Falk family, and Sylvia Price stated that she had met with Michael Falk last week, who stated that he has a master lease for the premises, and would be interested in offering square footage to up to five firms for a rental of $2 per square foot. Hillsborough Business Center. The Hillsborough Business Center are expecting a new tenant, which is a medical supplies company out of Mississippi . Although a Lease has not yet been signed, the company is recruiting a small number of employees through the Employment Security Commission. Employment Security Commission — Office in HiLLsborounh. The Employment Security office is opening a branch office in Hillsborough from Monday, December 15. This will be in the Old Courthouse, Grand Jury Room, and Judy Judkins, placement specialist, will be there from 8:30 till noon, Monday through Friday. She emphasized that, while the impetus for the branch office is clearly the mill closure, services of the Employment Security Commission are available to all citizens, and to employers who wish to List jobs. John McKee stated that he was delighted at the fest response of the Employment Security Commission to a need in Hillsborough, and asked Sylvia Price to send a Letter of support. Maury Klein said that he felt it would be a real convenience to employers to have the option of Listing jobs with the Employment Security Commission either in Chapel Hill or at the new Hillsborough