Orange County NC Website
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39 <br /> Chronological History: <br /> • May 17, 2019 - First meeting between Deloitte US, ABB leadership, Economic Development <br /> Partnership of North Carolina, NC Community College System, Orange County, and City of <br /> Mebane to discuss "Project Clear Blue Sky". <br /> • May 21, 2019 - BOCC closed session discussion to consider County incentives. <br /> • July 10, 2019 - ABB & N.C. Governor Roy Cooper publically announced the project for <br /> Orange County at the State Capitol in Raleigh. <br /> • July 23rd - Orange County's special meeting of the BOCC to hold the public hearing on <br /> County incentives to ABB, Inc. <br /> Summary of Incentives -State of North Carolina, Orange County& City of Mebane <br /> Parameters of Factory Expansion: <br /> ➢ 403 new jobs in 5 years <br /> ➢ $70.789 avg. salary of all jobs, with full benefits <br /> ➢ $39.9 million capital investment in 5 years <br /> STATE OF NORTH CAROLINA <br /> (1) Statutory Incentives <br /> • Sales Tax Exemption on machinery & equipment $1,053,000.00 <br /> (2) Discretionary Incentives <br /> • Jobs Development Investment Grant (JDIG) $4,369,500.00 <br /> (Reimbursement of employee withholding taxes) <br /> • Rural Division Building Reuse Fund $500,000.00 <br /> (3) Workforce Development Incentive: <br /> • N. C. Community Colleges (technical training) $644,800.00 <br /> TOTAL (State of NC) $6,567,300.00 <br /> LOCAL GOVERNMENT <br /> • Orange County $972,722.00 <br /> • City of Mebane (with annexation) $1,147,500.00 <br /> TOTAL (State & Local) $8,687,522.00 <br />