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Agenda - 09-17-2024; 5-a - Public Hearing Regarding a Proposed Economic Development Recruitment Incentive and Performance Agreement Between Orange County and Morinaga America Foods, Inc.
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Agenda - 09-17-2024; 5-a - Public Hearing Regarding a Proposed Economic Development Recruitment Incentive and Performance Agreement Between Orange County and Morinaga America Foods, Inc.
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BOCC
Date
9/17/2024
Meeting Type
Business
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Agenda
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5-a
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31 <br /> Proposed Expansion <br /> • 204 additional full-time jobs <br /> during the 2026-2030 incentive period <br /> • $136 million in new investment <br /> ($127 million during the incentive s <br /> period of 2024-2028) <br /> • 132,600 sq. ft. building addition at the <br /> current factory location <br /> • $48,912 average annual wage <br /> (approximately $23.52 per hour) <br /> • HI-CHEW candy manufacturing <br /> • Competing sites were Taiwan and <br /> China (where Morinaga operates <br /> existing HI-CHEW manufacturing <br /> plants), and Vietnam. ORANGE COUNTY <br /> NORTH CAROLINA <br />
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