Orange County NC Website
ORANGE COUNTY <br />NORTH CAROLINA <br />IVAICarolantic Realty <br />.I I.Lt, tid.a.i�.. V, v6jr h, <br />9 <br />..0006 <br />• <br />TIMMONS GROUP <br />Economic Development Projects that went to Alamance County: Between September 2012 and <br />November 2017, Alamance County announced six (6) economic development projects, mostly in the <br />logistics / distribution sector, with investments totaling $392.8 million, that created 1,304 jobs with average <br />annual wages ranging from $35,374 to $80,000 per job on sites ranging from 10 to 186 acres. It's important <br />to note that Orange County had a legitimate opportunity to recruit and potentially land these same projects <br />in Orange County, but didn't have either adequate sites or adequate incentives to close the deal. <br />Announced <br />Potential Investment <br />Potential Jobs <br />Investment <br />Jobs <br />Site Size <br />Distribution / Alamance <br />$393 Million <br />Company <br />Site Location <br />$328 million <br />1,100 <br />Totals <br />Building Size (SF) <br />Date <br />(million) <br />Announced <br />(acres) <br />Sep <br />Sheetz Distribution <br />Burlington (1737 <br />$52 <br />254 <br />44 <br />250,000 <br />-12 <br />Center <br />White Kennel Rd.) <br />Dec -13 <br />Wal -Mart <br />Mebane - NC <br />$100 <br />550 <br />186 <br />450,000 <br />Distribution Center <br />Commerce Park <br />Lid[ Distribution <br />Mebane - NC <br />80 full time <br />Jul -15 <br />$125 <br />90 <br />850,000 <br />Center <br />Commerce Park <br />120 hourly <br />Aug -16 <br />Prescient <br />Mebane - NC <br />$18.8 <br />205 <br />20 <br />135,000 <br />Commerce Park <br />Nov -16 <br />Lotus Bakeries <br />Mebane - NC <br />$50 <br />60 <br />20 <br />160,000 <br />Industrial Center <br />Nov -17 <br />Airgas <br />Mebane - NC <br />$47 <br />35 <br />10 <br />Industrial Center <br />Totals <br />$392.8 <br />1,304 <br />370 <br />1.845 Million SF <br />Project Sky: Project Sky, currently an active project as of the date of this report, is a large grocery <br />distribution center project that represents a $328 million investment with 1,100 jobs at an annual average <br />wage of $41,000 per year. The project has not been announced, however, as of the date of this report <br />Orange County has had four (4) site visits to the County and the Board has met in closed session to pre- <br />authorize local incentives. <br />When you combine these opportunities with the current Project Sky Distribution Center, then Orange <br />County has missed out on approximately $2.0 to $2.3 billion of opportunities with the potential for over <br />4,800 jobs to be created. <br />Missed Opportunities from <br />2012-2017 <br />Potential Investment <br />Potential Jobs <br />Manufacturing <br />$1.3 to $1.6 Billion <br />2,400 to 2,555 <br />Distribution / Alamance <br />$393 Million <br />1,304 <br />Project Sky <br />$328 million <br />1,100 <br />Totals <br />$2.0 to $2.3 Billion <br />4,804 to 4,959 <br />51 Page <br />