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AG 2016 06 20
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AG 2016 06 20
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Last modified
6/22/2016 12:17:16 PM
Creation date
11/27/2017 10:33:31 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
6/20/2016
Board
Board of Commissioners
Meeting Type
Regular
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-.q" <br />CABARRUS <br />E C O N O M IC D E V E L O P M E N T <br />PROJECT BLUE OVERVIEW (estimated) <br />Company's Legal Name: Yokohama Corporation of North America (YCNA) <br />Company Representative: Fardad Niknam, Director of Corporate Planning for YCNA <br />Contact Information: <br />Address: 1 MacArthur Place, Suite 800, Santa Ana California 92707 <br />Phone: 714- 662 -9940 <br />Fax: 714- 870 -3317 <br />Email: fardad .niknam(c)-yokohamatire.com <br />State of Incorporation: Delaware <br />Nature of Business /Project Description: Yokohama is seeking to establish a new Technical <br />Development Center. The Center will be primarily focused on tire and material development, <br />indoor testing, research, and tire benchmarking, with a specific focus on the unique requirements of <br />the North American marketplace. The Center has the potential to expand into broader functionality <br />in the future. <br />Proposed new or additional Cabarrus facility - <br />Proposed Location: 4715 Corporate Drive, Suite 200, Concord 28027 (IBP) <br />Square Feet: 21,443 SF <br />Total Projected Investment: $5,867,500 - $7,567,500 <br /># of new full time jobs: 56 (includes 15 current employees that will be transferred to the project <br />location from a facility outside of NC. 41 jobs will be hired in NC) <br />Average Wage: $80,500 <br />Benefits offered: Yes <br />Cabarrus Economic Development 3003 Dale Earnhardt Boulevard, Kannapolis, NC 28083 USA <br />704.782.4000 1 CabarrusEDC.com I Face Bogk.�om /CabarrusEDC I Twitter.com /CabarrusEDC <br />
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