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* This information provided by the EDC <br />INDUSTRIAL GRANT ANALYSIS OVERVIEW (estimated1 <br />Company's Legal Name .............................. FlyRight Inc <br />Company Address ................................................13 Friday Lane <br />Chapel Hill, NC 27514 <br />Company Representative ......................:............................ Matt Hapgood, <br />President <br />State of Incorporation ................................................ North Carolina <br />Nature of Business ................................. Flight Simulator <br />Current operations in Cabarrus County ................................ None <br />Current Employment ......................................................... <br />Proposed new or additional Cabarrus facility <br />Proposed Location .................. West Winds Business Park <br />Additional Square Feet ...................................... None <br />Investment <br />Phase I .................... .............$ 4,000,000 <br />Phase II ................. ......... $ 12,000,000 <br />Total Investment ...... ...........$ 16,000,000 <br /># of new full time jobs ............................ Phase I -10 <br />Phase II- 18 <br />(Avg. wage: $29/hr) <br />l3"-~v <br />