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Agenda Abstract - Assembly of Governments Meeting Discussion Items
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Agenda Abstract - Assembly of Governments Meeting Discussion Items
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1/28/2020
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Assembly of Government
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Agenda
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Agenda 01-28-2020 Assembly of Governments
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12 <br /> Durham Tech Promise <br /> (Scholarships) <br /> $200,000 9.74% <br /> Consultant Study (Workforce <br /> $20,000 0.97% <br /> Pipeline/Trades Craft Center) <br /> Total $2,054,120 100.0% <br /> Brief Summary of Business Recruitment Activity <br /> County efforts to work with and attract new and expanding business prospects <br /> remain very active, with additional recruitment successes anticipated to occur later in <br /> 2020. Commercial investment activity in 2019 saw a record level of new and <br /> expanding corporate announcements select Orange County, and success is <br /> continuing into 2020, as follows: <br /> ($ Million) (first 5 years) <br /> Company Investment Employment New Construction Date Announced <br /> Piedmont Metalworks $4.1 42 40,000 sq. ft. 1-13-20 <br /> WELL, Inc. $3.0 400 N/A 11-19-19 <br /> Medline Industries $65.3 250 1,200,000 sq. ft. 9-12-19 <br /> ABB, Inc. $40.0 403 200,000 sq. ft. 7-10-19 <br /> Total $112.4 1,095 1,440,000 sq. ft. <br /> Comments <br /> Medline Industries plans to create 600-700 total jobs by year#10. <br /> WELL, Inc. was recruited in partnership with the Town of Chapel Hill. <br /> ABB, Inc. and Medline Industries were recruited in partnership with the City of <br /> Mebane. <br /> Each of these new and expanding companies will offer all members of their <br /> workforce full employee health care, retirement & related employment benefits, and <br /> pay an average salary at or above the Orange County living wage. For example, the <br /> average annual salary for ABB, Inc. will be as high as $70,890 and the average <br /> annual salary at WELL, Inc. will top $62,000. <br /> ABB, Inc. is the County's #1 largest private employer. <br /> Both ABB, Inc. and Medline Industries will rank as the County's top two largest <br /> corporate manufacturing taxpayers. <br /> The curriculum at Orange County's Durham Technical Community College <br /> campus in Hillsborough will benefit by directing the State of North Carolina's <br /> technical training assistance needs for each of these companies' employee skills <br /> development. <br />
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