Orange County NC Website
17 <br /> 1 Slide #4 <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 sawperiod 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 /> 2 <br /> 3 <br /> 4 Slide #5 <br /> Outline of State & Local Incentives <br /> State of North Carolina <br /> Sales Tax Exemption on Machinery&Equipment Purchases $5,936,558 <br /> One North Carolina Fund (discretionary performance grant) $100,000 <br /> N.C.Community College System's"Customized Training" $306,000 <br /> On-the-Job Training $50,000 <br /> Work Opportunity Tax Credit $146,400 <br /> Federal Bonding Program $255,000 <br /> Orange <br /> Performance Based Incentive (as proposed) $2,910,898 <br /> City of Mebane <br /> Performance Based Incentive $576,999 <br /> Waiver of Development Fees $500,000 <br /> ORANGE COUNTY <br /> s NORTH CAROLINA <br /> 5 <br /> 6 <br /> 7 <br /> 8 <br />