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11 <br /> Slide #5 <br /> Existing Building <br /> Former location of"Mid-Atlantic STIHL Inc" <br /> ORANGE COUNTY <br /> s NORTH CAROLINA <br /> 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 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 /> Steve Brantley noted that the average pay is well above the Orange County living wage. <br />