HomeMy WebLinkAboutC.054.93010_0240 (2)$270,000 for site preparation and job training was approved. At that time, the company planned to
build anew research and development facility. Mr. McKay said another expansion was planned
above and beyond the one explained in April.
Shippee said the expansion was a new division of the Dana Corporation that would open in
Statesville. He said it would be comprised of a 20,000 sq. ft. facility to be used for the customizing
and remanufacturing of existing products that were sold worldwide. He said a site had not been
selected, but it would be in Statesville. Shippee said 15 to 30 people would be employed during the
next four years.
Commissioner Fortner asked ifthe project Mr. Shippee had discussed was different from the
research and development expansion facility.
Shippee said yes. He said the research and development facility would be on-site at the
present facility.
Commissioner Johnson asked the investment that would go towards the new expansion (not
the on-site expansion).
Shippee said the 20,000 sq. fl. facility would be about a " three quarter of a million dollar
facility along with $250,000 in machinery/equipment."
Fortner asked what wages would be paid.
Shippee said the wages would be competitive. McKay added the company would pay in
excess of 110% of the county's average wage.
McKay said he and Shippee just wanted to give an update since the expansion discussed in
April had been put "on hold."
PUBLIC HEARING
Chairman Tice declared the meeting to be in public hearing session.
CONSIDERATION OF AN ECONOMIC INCENTIVE. GRANT IN THE
AMOUNT OF $50,760 FOR PLASTIFLEX NORTH CAROLINA, LLC: McKay, along
with Steven Dunn, the General Manager for Plastiflex explained this incentive request. Mr. McKay
said the company planned to locate in a 64,000 sq. fl. "speculative facility" at the Sherrill Industrial
Park. He said the company would be making an investment of over S3 million in equipment and
would employ approximately 75 employees. McKay said 95%of the employees would be from the
local area. He said the company made flexible hoses.
Dunn said four management people were working, and the company was now hiring others.
Fortner said she understood the $50,760 was for employee training. She said she thought
this would be beneficial for the county because a few plants had recently closed and others had to
make some employee layoffs.
Johnson said he wanted to clarify that the industry would not be leaving with a $50,760
check. He said the company would only be given in any calendar year the amount of revenue
generated from the tax base it created. Johnson stipulated the incentive would not negatively impact
the county's cash flow.
Attorney Pope said he felt some members of the public did not understand the county's
industrial incentive policy. Pope said the industries received a credit against future taxes. Mr. Pope
said it was the industrial tax basis that, substantially, paid for the county services being provided.
He said the average homeowner was not actually paying his/her share of the costs, unless they had
a cervi expensive house. Pope said that if a family had one child in school, the county was paying