Agenda - 12-07-2020; 8-h - Proposed One-Year Extension to ABB’s Inc.’s Incentive Performance Agreement Concerning the Company’s Employment & Investment Target Dates

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28 Buckhorn Economic Development District. The project recruitment also included close assistance provided by the Economic Development Partnership of North Carolina, and ABB's site selection consultant Deloitte. Orange County recognizes the State's role in winning this expansion, specifically Governor Roy Cooper, N. C. Department of Commerce Secretary Tony Copeland, and the NC Community Colleges System, and appreciates their support of our community. "A comprehensive set of incentive offers were used to encourage ABB, Inc. to bring the expansion to Orange County, including performance grants from the County and City of Mebane, State of N.C. incentives, and technical training assistance of ABB's new employees through the North Carolina Community Colleges System," said Orange County Manager Bonnie Hammersley. "ABB's decision to select Orange County is contingent upon the successful negotiation of these items with the State, County and City of Mebane. I am personally delighted to see this exciting new development." The County's proposed performance-based incentives to ABB, Inc. will be discussed and voted on at a Public Hearing of the County Commissioners, scheduled for July 23, 2019. About ABB, Inc. ABB, Inc. is a pioneering technology leader with a comprehensive offering for digital industries. With a history of innovation spanning more than 130 years, ABB is today a leader in digital industries with four customer-focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by its common ABB AbilityTm digital platform. ABB's market-leading Power Grids business will be divested to Hitachi in 2020. ABB operates in more than 100 countries with about 147,000 employees. ABB employs over 3000 across North Carolina, more than in any other state.