Orange County NC Website
38 <br /> 1. OVERVIEW AND INTRODUCITON <br /> SECTION 1-1 INTRODUCTION, PURPOSE,AND INTENT <br /> Research Triangle Logistics Park ("RTLP") encompasses 161 acres of land centrally located within <br /> the North Carolina Research Triangle and within 20 minutes of the Raleigh Durham Airport. <br /> Located in the highly sought after 1-40 Corridor, RTLP has strategic access to 1-40, 1-85 and 1-95 <br /> trucking routes and to FedEx and UPS cargo facilities. <br /> Ready for construction in January 2021, RTLP will have the capacity for over 2,250,000 square feet <br /> of health technology, information sciences and engineering, advanced manufacturing, light <br /> manufacturing, scientific research and laboratories, logistics, warehousing and supply chain <br /> fulfillment. <br /> RTLP will create facility investment of more than $150,000,000.00 and will provide employment <br /> for up to 4,500 people globally within the Raleigh-Durham MSA and, more specifically,within the <br /> Orange County-Town of Hillsborough economic area. <br /> As governments and health care agencies work to stop the spread of Covid-19 and to treat those who <br /> are infected,manufacturers in more than a dozen industries are struggling to manage the epidemic's <br /> growing impact on their supply chains.Unfortunately,many are facing a supply crisis that stems from <br /> weaknesses in their sourcing strategies that could have been corrected years ago. <br /> Just how extensive the crisis is can be seen in data released by Resilinc,a supply-chain-mapping and <br /> risk-monitoring company, which shows the number of sites of industries located in the quarantined <br /> areas of China,South Korea,and Italy,and the number of items sourced from the quarantined regions <br /> of China. <br /> Dependence an Quarantined Areas <br /> +e—la's a%g 6L 1,ou companlea o•Cielr sul9nars <br /> o..n m..=n!soau+acdrt>w lacwneaweranrw— <br /> ow dnur npercllorn—m ca,b-la giaren�llk nr <br /> ■U­:0r 1.Ir j Iil+H gill ■soul w.e r.el <br /> 5�10:Fuaorta,�,r0.sVle1 heavy mchlnay <br /> 7YA1}wAroec <br /> aoe <br /> —i.lse <br /> moo <br /> 9 <br /> +W'kill.anili_iJui.cl.:unme•ebil x•:c <br /> �86 <br /> !2W <br /> I1a <br /> �fe.�eii.e.lea Vi_ai-.iirc iel Je:io <br /> -L642 <br /> 720 <br /> �4 <br /> OIM <br /> II5 <br />