Orange County NC Website
Browse       Search
20 <br /> Piedmont Metalworks <br /> • 2020 public announcement for new 40,000 sq. ft. metalworking manufacturing building <br /> • $4.5 million announced investment <br /> • 35 new production jobs to be created by 2023 <br /> • Orange County incentive not to exceed $86,000.00 paid over the years 2022-2026 <br /> Piedmont Metalworks - Orange County Revenue Projection <br /> (5 Years) <br /> Vt Year 2nd Year 3rd Year 4th Year 5th Year TOTAL <br /> 2021 2022 2023 2024 2025 <br /> Gross Property <br /> Tax Revenue $14,320 $15,926 $24,314 $26,005 $34,449 $115,014 <br /> Incentive ($10,740) ($11,944) ($18,236) ($19,504) ($25,837) ($86,261) <br /> Payments <br /> Annual Net <br /> Revenue $3,580 $3,981 $6,079 $6,501 $8,612 $28,753 <br />