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<br /> Description of Piedmont Meta lworks,LLC
<br /> Industrial Recruitment Project
<br /> Investment: $4.15 million(2020.2024)
<br /> Employment: 42 jobs in first 5 years(30 new jobs to be created,
<br /> plus the transfer of 12 existing jobs)
<br /> $41,236 average annual salary,plus health care,&
<br /> 401 K retirement match(equal to$19.83 per hour)
<br /> Facil New construction of 40,01)D sq.ft.to relocate the
<br /> firm's current operations in another county to be
<br /> adjacent to the affiliated metal working firm in
<br /> Orange Cou nty,-Fomla-Fab Metal s",whit h has
<br /> the some ownersh I p.
<br /> competition: Alama nce Cou my site options. (]RANG COUNTY
<br /> UCfY
<br /> 1 L"r-
<br /> 2 Steve Brantley said this project will be built in three phases. He said Piedmont
<br /> 3 Metalworks contacted the County in the spring stating a desire to move, and the Board of
<br /> 4 County Commissioners met in closed seession on September 3, 2019 about this company.
<br /> 5 He resumed the presentation:
<br /> 6
<br /> Investment,Construction&Employment Schedule
<br /> Rear S1,5W.o0D So 579D.0o0 50 S80D.000 &%M.OW
<br /> P.Pimy
<br /> z p.ny l jfS0,000 %200,000 $2'&D.000 f250,000 $250,000 35100,D00
<br /> Prop
<br /> Tdal St.%Op00 EY00,000 E7A00,000 S950A00 E1,050.000 {F,161,000
<br /> 'FuII.Tmelehe }3 9 10 4 a 47
<br /> ORANGECOUN Y
<br /> 7 frxn[r aMI 1.4
<br /> 8
<br /> Company Description
<br /> Piedmont Meta Iwo rks LLC
<br /> based In Dumam and operating as a custom and structural metal fabricator
<br /> serving general contractors,elecli-nal conlractors,mechanical contractors,
<br /> manufacturing industrial,pharmaceutical,food service and the power
<br /> generation industries.
<br /> • 12 employees provide plasma cutting,welding.design a CAD engineering,
<br /> powder coaling and silk screening services.
<br /> Forma•Fab Metals Inc.
<br /> • Under the same ohnership by C.E.O Rrchie Richmond ig the Orange County-
<br /> based custom sheet metal rabrication company,which manufactures
<br /> enclosures,cabinets,housings,panels,brackets,racks,bus bars,and covers.
<br /> • Has 68 local employees,and 76,000 sq.n.of manufacturing space with a total
<br /> Orange County property tax valuation of$2,916,600.00
<br /> • Products are made with various light gauge sheet meta is including:mild steel,
<br /> aluminum,stainless steel.galvanized-brass,copper and plast cs�_
<br /> OR C011l•FTY
<br /> 9 1.irr n r.umi i l�
<br /> 10
<br /> 11 Steve Brantley said the company offers many types of manufacturing skills, and its
<br /> 12 customers include RDU, the NC Museum of Art and the NC Museum of Natural History, UNC,
<br /> 13 and has made military vehicles for the Marines. He resumed the presentation:
<br /> 14
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