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AG 2016 11 21
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AG 2016 11 21
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Last modified
11/23/2016 2:25:13 PM
Creation date
11/27/2017 10:35:48 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
11/21/2016
Board
Board of Commissioners
Meeting Type
Regular
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Cabarrus Economic Development <br />Monthly Summary - October 2016 <br />Current Active <br />Projects <br />32 <br />October Project Info <br />The EDC received 7 new RFIs (Requests for <br />Information) in October. We normally average <br />9 new requests per month. We submitted <br />sites /buildings for 5 of the requests. We could <br />not respond to 2 RFIs due to not having an <br />existing building on a rail- served site that met <br />additional requirements and for not having a <br />25 -35 developable -acre site that met strict <br />minimum requirements. <br />Avg. Acres Per Project: 27 Acres <br />Avg. Sq. Ft. Per Project: 147,467 Sq. Ft. <br />Avg. Jobs Per Project: 123 Jobs <br />Avg. Investment Per Project: $31,794,737 <br />24 Projects for New Companies <br />8 Projects for Existing Cabarrus Companies <br />5 Active International Projects <br />Project Metrics <br />Total Active Projects By Industry <br />■ Manufacturing <br />Other /Unknown <br />■ Distribution/warehousing <br />■ HQ/Office <br />Projects By Building or Greenfield Location <br />40 <br />J <br />30 <br />25 <br />20 <br />i_ <br />13 <br />G <br />J <br />34 <br />18 <br />5 q <br />` 2 2 <br />■ Co noo rd Kannapolis <br />Midland /County ■flaunty <br />* Mt. Pleasant /County ■Harrisburg <br />Total Projects By Source - All Active <br />la <br />6 <br />JF5 2 <br />9 <br />0 2 4 6 8 10 12 <br />■ EDPNC Direct ■ ED Partner ■ CRP ■ Broker <br />1 -3 Page 28 <br />Projects Added <br />In October <br />
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