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1st Quarter 2010 Update Davie County Economic Development Commission
Davie County Bisected by I-40 with I-85 & I-77 only minutes away
20 Mile Radius ,[object Object],[object Object]
The Piedmont Triad International Airport, situated in nearby Greensboro, is only 45 minutes away
The Charlotte-Douglas Airport, located in the financial hub of the southeast, is only 55 minutes away, with over 750 direct flights,[object Object],[object Object],[object Object]
Average Annual Wage per Job $38,556 $29,366 Davie County wages 31.5% lower than state average Source: US Bureau of Economic Analysis
Employment by Industry Source: Employment Security Commission of NC
“Out-Migration” Commuting Patterns Approximately 12,000 people (70%) commute out of the county to work each day Approximately 5,600 people commute into the county to work each day 37% net out-migration Source: US Census Bureau
[object Object]
Winston Salem MSA  10.6%
Piedmont Triad Region 9.4%Area Growth ~ 2000 to 2008 Source: US Census Bureau
Davie County STEM Education Initiative John McConnell ~ CEO WFUBMC “There is a compelling business case for Wake Forest University Baptist Medical Center to engage and promote science and math education in Davie County. With this community partnership with NCSTEM, generous support from the Gates Foundation, and a partnership with our Medical Center, Davie County can be successful, and no doubt will be successful, in preparing our students for a very bright future in this region.” Aligning Education with Jobs
DCCC ~ Davie Campus ,[object Object]
Training customized to meet a company's specific workforce needs
Integrate change into business practices to reduce cost, improve quality and increase productivityWorkforce Development Customized  Training
[object Object]
25,000 to 500,000  square foot buildings on 12 to 40 acre sites with expansion available ~ Interstate highway and rail services available
Manufacturing, warehouse and office space ~ 9-40 dock doors, fenced yards, 14’-40’ clear ceilings ~ price range $500,000 - $4 million
New Construction
72,000 to 108,000 square foot buildings with pre-planned expansion to 184,000 square feet.  12 – 18 acre building sites.  Finish to suit, build to suit, fund to suit, lease to own, and capital partners  also possible
Sites
Sites ranging from  30 to 360 acres ~ interstate-visible  sites ~ rail access sites ~ utility ready sites ~ incentives available Building & Site Inventory	 Highlights
Baker Furniture Upholstery Plant Modern, fully air-conditioned facility, new roof installed in 2006, all utilities in place, approximately 14,600 sq ft of office, rest room, break room and shop area with some equipment still in place ,[object Object]
Single Story
407’ x 360’
39.67 Acres
$2,850,000
4 Miles to I-40
Dock-High Doors  8
Parking Spaces  120,[object Object]
Skyline Corporation Building Well maintained on 12 acres mostly paved with manufacturing area fenced ~ one roll-up door (18x14’) and 8 dock-high doors ~ EPDM roof, compressed air throughout with 2 dust collection systems ,[object Object]
1 Story w/mezzanine
12 Acres
Ample trailer parking
$2,995,000
2 Miles from hwy 64
Dock-high doors  9
Fenced yard,[object Object]
Single Story
415’ x 290’ & 167’ x 205’
38.3 Acres
$2,900,000
5 Miles to I-40
Dock-High Doors 23
Rail Service: Southern,[object Object]
20.00 Acres
Lease $1.50/Sq Ft
$2,850,000
15 Miles to I-40
Dock-High Doors  20
Drive in doors 2,[object Object]
Pre-engineered steel column and beam design.

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Davie County Ecnomic Development Update Spring 2010