Orange County NC Website
Browse       Search
11 <br /> This represents an average investment of$5,500 per acre in Article 46-funded expenditures by <br /> Orange County to provide the necessary utility infrastructure to this area. <br /> Current Commercial Prospect Activity: <br /> The County's successful recruitment of Morinaga &Co., Ltd., in 2014 was the first major new <br /> industrial announcement that connected to Article 46-fund utility lines that were built in 2012-2013, <br /> and, received a 5-year financial incentive grant that was paid from Article 46. Morinaga announced a <br /> minimum capital investment of up to$48 million, and the creating of 90 jobs. The Company now has <br /> over 230 employees. <br /> Medline Industries' decision to locate in Orange County in 2019 resulted in over 170 acres of non- <br /> residential Economic Development District acreage along West Ten Road being purchased by the <br /> medical products distribution company. Medline Industries recently completed construction of a LEED- <br /> certified 1.2 million square foot facility at an investment that exceeds$80 million. The Company has <br /> over 750,000 individual products in inventory that supplies hospitals, nursing homes, emergency EMS <br /> agencies and related medical centers.This operation will employ at least 250 in the next 3 years, and is <br /> reported by the company to grow to over 600 jobs by year 10. Medline Industries also connected to <br /> Article 46-fund utility lines that were built in 2012-2013, and, received a 5-year financial incentive grant <br /> to be paid from Article 46 <br /> Also in 2019,the renowned electrical products manufacturer ABB, Inc.,with Swiss and Swedish <br /> ownership, decided to make a $40 million plant expansion at its' current Mebane facility. The Company <br /> has now completed this large factory addition, and is currently adding 403 additional full-time positions <br /> at an annual salary of$71,000 per year. The County's successful recruitment of ABB's growth will be <br /> paid from Article 46 reserves. ABB is Orange County's single largest private sector employer. <br /> In November 2021,the life science firm Thermo Fisher Scientific selected a site at West Ten Road <br /> and Buckhorn Road to build a 375,000 sq.ft. facility to produce laboratory pipette devices for the <br /> pharmaceutical industry.The Company's$192.5 million investment is funded by a federal grant from the <br /> U.S. Department of Defense in order to prepare for COVID testing and future pandemic response needs. <br /> Thermo Fisher Scientific will initially create 200-250 full-time jobs, increasing to 300 jobs.The <br /> Company's decision to move to Orange County was largely made possible by the site's presence of the <br /> Article 46-fund utility lines that were built in 2012-2013 <br /> As a result of current marketing efforts by Orange County Economic Development, and due to a <br /> strong national business recovery, much of Orange County's Buckhorn Economic Development District <br /> (EDD) acreage is now receiving significant interest by industrial development prospects from across the <br /> nation. Among all Buckhorn EDD parcels larger than 30 acres that currently have water and sewer <br /> infrastructure in place, existing ORM zoning(office, research manufacturing), and related strengths that <br /> enhance marketable appeal, more than 15 commercial developers have visited Orange County to <br /> explore site options. Currently,there are 6 industrial development firms actively pursuing those sites. <br /> Each of these 6 developers already own or have option contracts on property totaling over 420 acres. <br />