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AG 2011 10 17
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AG 2011 10 17
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Last modified
10/24/2011 4:12:49 PM
Creation date
11/27/2017 11:18:57 AM
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Template:
Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
10/17/2011
Board
Board of Commissioners
Meeting Type
Regular
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CABARRUS <br />ECONOMIC DEVELOPMENT <br />Manufacturing — NAICS 31 -33 <br />40 <br />35 <br />30 <br />25 <br />20 <br />15 <br />10 <br />5 <br />0 <br />Manufacturing <br />% of Total Employment by County 4Q10 <br />45 <br />The Manufacturing sector <br />comprises establishments <br />engaged in the mechanical, <br />physical, or chemical <br />transformation of materials, <br />substances, or components into <br />new products. The assembling of <br />component parts of manufactured <br />products is considered <br />manufacturing, except in cases <br />where the activity is appropriately <br />classified in Sector 23, <br />Construction. <br />J ", <br />G G G G G G G G G G G G Establishments in the <br />K a �cl �r& � °�� <br />° a °`� ,�S �� � �. °� Manufacturing sector are often <br />�+ Q G ap� G a��� Z\ � C�` � �,`� Q- ° � `� described as plants, factories, or <br />Z <br />P G ° mills and characteristically use <br />power- driven machines and <br />materials - handling equipment. However, establishments that transform materials or substances into new <br />products by hand or in the worker's home and those engaged in selling to the general public products <br />made on the same premises from which they are sold, such as bakeries, candy stores, and custom <br />tailors, may also be included in this sector. Manufacturing establishments may process materials or may <br />contract with other establishments to process their materials for them. Both types of establishments are <br />included in manufacturing. <br />The materials, substances, or components transformed by manufacturing establishments are raw <br />materials that are products of agriculture, forestry, fishing, mining, or quarrying as well as products of <br />other manufacturing establishments. The materials used may be purchased directly from producers, <br />obtained through customary trade channels, or secured without recourse to the market by transferring the <br />product from one establishment to another, under the same ownership. The new product of a <br />manufacturing establishment may be finished in the sense that it is ready for utilization or consumption, or <br />it may be semifinished to become an input for an establishment engaged in further manufacturing. For <br />example, the product of the alumina refinery is the input used in the primary production of aluminum; <br />primary aluminum is the input to an aluminum wire drawing plant; and aluminum wire is the input for a <br />fabricated wire product manufacturing establishment. <br />Manufacturing Local Examples: <br />PreGel America <br />Tuscarora Yarns <br />Whitley Handle Company <br />Cabarrus Economic Development 3003 Dale Earnhardt Boulevard, Kannapolis, NC 28083 USA <br />704.782.4000 1 CabarrusEDC.com I Face Book.com /CabarrusEDC I Twitter.com /CabarrusEDC <br />INTERNATIONALECONOA C <br />/���� / ^ /�J /ADDEEEWLLOPMENT COUNCIL <br />Altaalefl �dd�A# DAi W iyAo¢rtiw� <br />1 -1 Page 491 <br />
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