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11 <br /> 1 Slide #5 <br /> Existing Building <br /> Former location of "Mid-Atlantic STIHL Inc" <br /> ORANGE COUNTY <br /> NORYH CAROIANA <br /> 5 <br /> 2 <br /> 3 <br /> 4 Slide #6 <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 2825—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 /> NOWTH CAROLINA <br /> 5 <br /> 6 Steve Brantley noted that the average pay is well above the Orange County living wage. <br /> 7 <br /> 8 <br />