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Agenda 05-19-2026; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of 2026A Installment Purchase Financing for Various Capital Investment Plan Projects
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Agenda 05-19-2026; 6-a - Adoption of the Final Financing Resolution Authorizing the Issuance of 2026A Installment Purchase Financing for Various Capital Investment Plan Projects
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BOCC
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5/19/2026
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Agenda
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6-a
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Agenda for May 19, 2026 BOCC Meeting
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101 <br /> In February 2021, Wegmans Foods Markets, Inc. opened a new 100,000-square foot store in the <br /> County at an estimated cost of$30 million. The store is expected to employ 185 full time and 245 part time <br /> employees. <br /> In 2024, Morinaga American Foods announced an investment of $136 million to complete a <br /> 100,000-square foot expansion to their existing facility in the County. The new facility is expected to <br /> generate 204 jobs and be operational by 2027. <br /> The Board of County Commissioners approved the Research Triangle Logistics Park to be built on <br /> a 160-acre site at the southeastern corner of NC 86 and Interstate 40 in Hillsborough. The 2.4 million <br /> square foot research park is aimed at attracting warehouse, light industry and research companies. <br /> [Update/confirm][Certain utility work has begun on the site, and the new industrial hub is scheduled to <br /> deliver nearly 450,000 square feet in the first quarter of 2026]. The potential investment is anticipated to <br /> be at least$225 million in real property. <br /> The following table lists the ten largest employers in the County as of June 30,2025: <br /> Number of Percentage of Total <br /> Company Industry Employ County Employ <br /> UNC Health Care Health Services 18,055 46.22% <br /> UNC Chapel Hill Higher Education 13,938 35.68 <br /> Chapel Hill-Carrboro City Schools Education 1,859 4.76 <br /> Orange County Government Public Administration 1,435 3.67 <br /> Orange County Schools Education 1,143 2.93 <br /> Town of Chapel Hill Public Administration 735 1.88 <br /> ABB (formerly General Electric) Manufacturing 721 1.85 <br /> AKG of America Manufacturing 400 1.02 <br /> Wegmans Grocery Services 396 1.01 <br /> Medline Medical Supply 379 0.97 <br /> Source:Annual Comprehensive Financial Report of the County for the year ended June 30,2025. <br /> Construction activity in the County for the past five calendar years and for a portion of the current <br /> fiscal year is indicated by the number and construction value of building permits as set forth in the following <br /> table: [Update table] <br /> (Value in Thousands) <br /> Year Number Non-Residential Residential Total <br /> 2021 1,020 4,471 136,789 141,260 <br /> 2022 772 5,678 82,097 87,775 <br /> 2023 788 2,168 89,330 91,498 <br /> 2024 873 2,605 78,419 81,024 <br /> 2025 r [ ] [1 <br /> 2026' [ ] [ ] r [ ] <br /> 1 For the ten months ended April 30,2026. <br /> Source:County Permits and Inspections Division. <br /> Note:Does not include permits issued in Chapel Hill,Carrboro and Mebane. <br /> 28 <br />
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