Orange County NC Website
Browse       Search
4 <br /> Manager to sign any contract amendments up to the maximum performance incentive amount of <br /> $100,433. <br /> BACKGROUND: Local and state governments in North Carolina have the goal to promote <br /> economic development by encouraging the location of new businesses and the expansion of <br /> existing businesses. This activity serves to diversify the local tax base, increase employment <br /> opportunities, and introduce desired job skills and related benefits to a community, and for the <br /> benefit of its residents. The Local Government Act, North Carolina General Statute (NCGS) 158- <br /> 7.1, outlines the requirements of public hearings, and NCGS 158-7.1(a) specifically addresses <br /> the requirement that economic development appropriations "must be determined by the governing <br /> body of the city or county to increase the population, taxable property, agriculture industries, <br /> employment, industrial output, or business prospects of the city or county". This public hearing <br /> has been scheduled in compliance. <br /> Company Background: <br /> CITEL America, Inc. is a privately owned French manufacturer of electrical Surge Protection <br /> Devices (SPDs)that protect electronic and electric equipment from transient overvoltages caused <br /> by lightning strikes, switching events, and electromagnetic interferences. The company was <br /> formed in Paris, France in 1937 and expanded to the United States in 1985. <br /> CITEL has eight (8) international offices and research and development sites, as well as a large <br /> network of international distributors and partners providing support directly in the communities <br /> they are serving. <br /> Germany <br /> Bochum <br /> t $� France . �►. <br /> Faris 6 Raims <br /> 70 <br /> 1 <br /> USA '' China <br /> Bog <br /> Miami + ° Shanghai <br /> g ot a <br /> om NAE ew e i , <br /> Uahai <br /> CITEL is the only SPD manufacturer that produces its own Gas Discharge Tubes (GDTs). In <br /> addition to GDTs, the company develops many of its critical surge components internally including <br /> thermally protected varistors and high-energy varistor assemblies, giving the company extensive <br /> knowledge of every minute detail of the parts that form an SPD. These components have a long <br />