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31 <br /> Project Description <br /> • French-owned manufacturer and research & development company for <br /> electrical surge protection devices <br /> • 79 total jobs, with 38 new jobs created between 2025 — 2029 <br /> • Average annual wage of $83,611 or approximately $40.20 per hour <br /> • $15,250,000 million in total capital investment (forecast to occur in 2026 - <br /> 2030) <br /> • Competing sites are in Florida, South Carolina, Washington, Texas and <br /> various communities in Durham and Wake County. <br /> • North Carolina Governor Josh Stein met in Paris with the CITEL owners in <br /> June 2025 during the State's European business recruiting mission. <br /> ORANGE COUNTY <br /> NORTH CAROLINA <br />