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Agenda 11-19-19 Item 5-a - Public Hearing Regarding an Economic Development Recruitment Incentive for Piedmont Metalworks, LLC
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Agenda 11-19-19 Item 5-a - Public Hearing Regarding an Economic Development Recruitment Incentive for Piedmont Metalworks, LLC
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BOCC
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11/19/2019
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Regular Meeting
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Agenda
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5-a
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Agenda 11-19-19 Business Meeting
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2 <br /> professionals has over 100 years of collective sheet metal fabrication experience and has <br /> performed custom work for many facilities around the region, including the Raleigh-Durham <br /> International Airport (ticket counters and jetway entrances), the North Carolina Museum of Art <br /> and North Carolina Museum of Natural History in Raleigh, UNC Chapel Hill (HVAC mounting <br /> platform), and the U. S. Marine Corps (tethered aerostat / blimp towing vehicles). Manufactured <br /> parts include enclosures, cabinets, housings, railroad sinks and toilets, panels, brackets, racks <br /> and recycling collection boxes. Products are made with structural steel and various sheet metal <br /> including mild steel, aluminum, stainless steel, galvanized, brass and copper. <br /> Manufacturing skills include plasma cutting, welding, design and CAD engineering, powder <br /> coating and silk screening. The average annual salary is $41,236 plus full employment benefits <br /> including medical, dental, and 401(k) match. Piedmont Metalworks currently has operations at <br /> 1551 Cooper Street in Durham, but has determined to relocate to either Orange County, or, <br /> competing sites and available building options in Alamance County. Management of the firm <br /> contacted Orange County Economic Development in July of this year to inquire about potential <br /> financial incentives to consolidate operations here, and the BOCC met and discussed this <br /> project in closed session on September 3, 2019. <br /> Under the same ownership by Chief Executive Officer (CEO) Richie Richmond is the Orange <br /> County-based custom sheet metal fabrication company, Forma-Fab Metals, which <br /> manufactures enclosures, cabinets, housings, panels, brackets, racks, bus bars, and covers. <br /> That firm, which has two locations at 5816 U.S. Highway 70 and at 6600 E. Washington Street <br /> in Orange County (between the Cheeks community and Mebane), has 68 local employees, and <br /> 75,000 square feet of manufacturing space with a total Orange County property tax valuation of <br /> $2,916,600 <br /> This region of Orange County is part of a U.S. federally designated rural census tract area. The <br /> owner and CEO of both facilities, Ritchie Richmond, proposes to relocate Piedmont Metalworks <br /> from Durham to Orange County and be adjacent to his Forma-Fab Metals operation, which is <br /> located at 5816 U.S. 70, which is near the Buckhorn Road and U.S. 70 intersection. <br /> Illustration of metalworking machinery currently in use: <br /> QMAQA <br /> r _ <br /> 1 � <br />
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