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8 <br />Governor's Industrial Recruitment Competitive Fund <br />Company Application <br />(To be completed by company official authorized to assume financial responsibility for <br />employment and investment factors used to justify the Governor's decision.) <br />SECTION I <br />1. Complete Company Name RarhPr ~,..Roc~ nranIIe Count; , DSA Barbee ~ Ross <br />North Carolina <br />2. Company's Investment in This Project Within Three Years: <br />Land and Building: ~',1 r5II0, t]i10 Equipment: $,~; 000 <br />Total: ~2 , 0(L., 000 <br />3. Number of Jobs To be Created by This Project Within Three Years: 190 <br />NOTE: The time period for measurement of investment and job creation stares on the date of the <br />Governor's letter that approves the grant. <br />4. Weighted Average Hourly Wage for All Jobs <br />Created By This Project Within three Years $11.00 <br />NOTE: The wage definition is the one used by the N.C. Employment Security Commission. It <br />includes all cash payments, including bonuses, commissions and incentive earnings. It does not <br />include fringe benefits such as employer provided health insurance and employer-provided <br />pension contributions. The weighted hourly average wage is for all jobs created by this project, <br />including management, support and production jobs. <br />5. The Competitive Fund money will be used for: <br />Installation or purchase of new equipment. <br />Structural repairs, improvements or renovation of existing buildings to be used <br />for expansion. <br />X Construction of or improvement to new or existing water, sewer, gas or electric <br />utility distribution lines or equipment for existing buildings and/or new buildings. <br />6. List other states being considered and the incentives they are offering: <br />f;PnT~i a T Mi r___„_I~t~an ~ '~pr-,nE,cca,~ ,_ <br />4 <br />Revised 6/99 <br />