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New FedEx Ground Facility to be Built in International Business Park <br />In December, the City of Concord Council and Cabarrus <br />County Commissioners approved economic development <br />grants to SunCap Charlotte LLC and FedEx Ground Package <br />System. SunCap plans to develop another facility for FedEx in <br />the International Business Park. The 343,000 square foot <br />building will be constructed at the end of Fortune Drive (Lots <br />17, 18, & 19) in the park. The building will neighbor the _� -, } <br />�.,�`tl� — r <br />recently completed FedEx SmartPost facility that began <br />operations in October. The estimated real property <br />investment for the Ground facility is $39.5 million. <br />v4V <br />FedEx Ground will invest an estimated $26.8 million through <br />personal property. FedEx plans to employ 45 full time and <br />241 part time employees in August 2017. This does include some transfers from two other locations. Within <br />five years, 2022, they anticipate employing 55 full times and 309 part time employees. Total estimated <br />project investment will exceed $66 million. <br />Noteworthy News & Events <br />• Terry Crawford was named Interim President & CEO of the 1 <br />Cabarrus Regional Chamber of Commerce and Cabarrus Economic <br />Development. Press Release: 10 Existing Industry & Business Visits <br />http: / /Cobarrusedc.coml news / 2015 /12/04 /press- releas %abarrus - chamber- (including follow ups) <br />ed c -n am es- terry -cra wf ord - interim - president - and -ceo/ <br />$ Connections /Referrals <br />• Cabarrus Economic Development is developing a program to raise <br />awareness of nontraditional careers (manufacturing, logistics, <br />Partner Meetings <br />technology) among girls and women. We are gathering input from <br />schools, students, parents, businesses, and the community college <br />4 Chamber /EDC Related Events <br />to help us shape an awareness campaign to address misalignment <br />between the jobs women are seeking and jobs that are available. <br />Municipality Meetings <br />Your input as a (parent, student, business person, or teacher) is <br />important. Please take a few minutes to complete our survey: <br />https:/ /www.surveymonkey.comlrlWP39BH5 1 Product Development Meetings <br />Cabarrus Economic Development Team <br />Terry Crawford, Interim President & CEO, tcrawford @cabarrus.biz, 704 - 260 -8102 <br />Samantha Grass, Project Manager, sgrass @cabarrus.biz, 704 - 260 -8108 <br />LeeAnn Nixon, Existing Industry Specialist, Inixon @cabarrus.biz, 704 -260 -8112 <br />Josh Fernandez, Research & Marketing Assistant, jfernandez @cabarrus.biz 704 - 260 -8107 <br />3003 Dale Earnhardt Blvd, Suite 2, Kannapolis, NC 28083 <br />www.cabarrusedc.com Attachment number 1 \n <br />1 -3 Page 146 <br />