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An industrial strip along Interstate Highway 85 in the «-•estern portion of the County is <br />the location of several manufacturing firms. This area is the projected location for future growth <br />of industrial and commercial concerns. In addition to this area, the County designated over <br />2,450 acres in three strategically placed areas along Interstates 85 and 40 as Economic <br />Development Districts. The County's location, midway between the Piedmont Triad and <br />Research Triangle metropolitan areas, makes these sites extremely attractive. The districts offer <br />development potential for light industrial, warehouse/flex space, office, retail and business <br />service. Numerous tracts, ranging in size from 20 to 100 acres or more, are available. <br />Utility extension development is another economic development initiative undertaken by <br />the County. This project encourages economic development in the County by providing funds to <br />finance utility extension development for commercial entities. Using the monies in this fund, the <br />County provides a portion of the upfi-ont water/sewer infrastructure costs for businesses. As the <br />various projects are completed, some portion of the resultant increased property tax revenue is <br />used to repay the fund. These funds then "revolve" to address water/sewer needs of other <br />commercial development projects. <br />The following table lists the 25 largest major commercial, industrial, and institutional <br />employers in the County: <br />Company or Institution <br />University of North Carolina at <br />Chapel Hill <br />UNC Hospitals <br />Chapel Hill/Carrboro City Schools <br />Blue Cross/Blue Shield of North <br />Carolina <br />Orange County Board of Education <br />Orange County Government <br />To«m of Chapel Hill <br />Harris Teeter, Inc. <br />General Electric Co., Inc. <br />Sports Endeavors <br />Wal-Mart Stores, Inc. #1191 <br />Aramark Services <br />PHE, Inc. <br />Orange-Person-Chatham Mental <br />Health <br />A Southern Season <br />Magnolia Gardens <br />l~lebane Packaging Group <br />Whole Foods I~'Iarket <br />U.S. Post Office <br />Kenan Transport <br />Sel-~~ice or Product <br />Public University <br />Ivledical Center <br />Public School System <br />Insurance Company <br />Public School System <br />County Government <br />Municipal Government <br />Food Store <br />Electrical Equipment Manufacturer <br />Mail Order Retail <br />Retail Store <br />Food Sen~ice <br />Mail Order Retail <br />Mental Health Agency <br />Retail Specialty Foods <br />Retirement Community <br />Corrugated Carton Manufacturer <br />Food Store <br />Postal Service <br />Tricking <br />Approximate <br />Number of <br />Employees <br />15,590 <br />6, 820 <br />2, 620 <br />1,370 <br />1,250 <br />800 <br />770 <br />520 <br />450 <br />435 <br />430 <br />380 <br />370 <br />35a <br />340 <br />300 <br />300 <br />27a <br />250 <br />240 <br />C-883836v4 13361.00022 17 <br />