Orange County NC Website
7 <br /> Piedmont Food Processing Center- FAQ <br /> HOW DOES PFPC WORK WITH LOCAL FARMERS? <br /> PFPC prides itself on being a resource to local farms and farmers. Our businesses buy from local <br /> producers and promote local farms. PFPC works with farm support organizations like Carolina Farm <br /> Stewardship Association (CSFA) and NC <br /> Extension Services to provide education and <br /> resources to local farmers. We regularly <br /> participate in the CFSA conference, the Orange <br /> County Ag Conference, and the Northern <br /> Piedmont Farm School. Our online course on <br /> "How to Start a Food Business" has been well <br /> received by farmers statewide who are looking <br /> to create added value farm products. <br /> HOW IS PIEDMONT FOOD PROCESSING CENTER FUNDED? <br /> PFPC manages the facility at 500 Valley Forge Road in Hillsborough under a management services <br /> contract with Orange County. Orange County maintains the building while PFPC manages the <br /> operation of the facility, maintains equipment, and is responsible for general maintenance. <br /> PFPC is self-sustaining, deriving its operating revenues from kitchen and storage rentals. We <br /> produce additional revenue from on-line classes including our "How to Launch a Food Business" <br /> course. PFPC pursues grant funding to purchase new equipment and cover the costs of its <br /> educational programs. We maintain about three months of operating capital and manage cash flow <br /> to end the tax year near the break-even point. <br /> WHAT ECONOMIC IMPACT DOES PFPC HAVE? <br /> • The companies at PFPC generates between $2M and $3M annually in retail value. <br /> • PFPC companies account for over 150 jobs, at least a third of which are full time. <br /> • Of the companies that have used PFPC during the last five years, more than 70% <br /> are still in business. <br /> 5 <br /> 9/14/23 <br />