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AG 2016 07 18
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AG 2016 07 18
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Last modified
7/20/2016 11:45:58 AM
Creation date
11/27/2017 10:34:09 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
7/18/2016
Board
Board of Commissioners
Meeting Type
Regular
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PA <br />__ <br />Investment: <br />CABARRUS <br />I C=0N0M IC €)G V E11.0I'M I I <br />Real Estate: $ 2,400,000 <br />Equipment: $ 350,000 (new equipment value + depreciation value of any <br />equipment moving into Cabarrus County) <br />Total Investment: $2,750,000 <br />Full Time Hires: Year 1 — 16 Employees <br />Year 2 — 2 Employees <br />Year 3 — 2 Employees <br />TOTAL - 20 Employees <br />Part Time Hires: Year 1 — 1 Employee <br />Year 2 — 1 Employee <br />Year 3 — 1 Employee <br />Average Wage: $10 per hour (non - skilled) $12 -$26 per hour (skilled labor) <br />95% of the workforce will be skilled labor <br />Benefits offered: Health, Dental, Vision, 401 k, Short -Term and Long -Term <br />Disability, Life Insurance <br />Cabarrus Economic Development 3003 Dale Earnhardt Boulevard, Kannapolis, NC 28083 USA <br />704.782.4000 1 CabarrusEDC.com I FaceBook.com /CabarrdsFDC I Twitter.com /CabarrusEDC % � <br />
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