c031014II (Table)Closed Session II (Project Table) March 10, 2014
At 9:52 p.m., the Board, already in closed session on another matter, began closed session on
a different matter relating to the location or expansion of business in the area, pursuant to NCGS
143-318.11(a)(4). Commissioners Holmes, Frye, Kemp, Lanier and Haywood were present. Also
present were County Manager Richard Wells; Will Massie, Assistant County Manager/Finance
Officer; County Ben Morgan; Aimee Scotton, Associate County Attorney; Cheryl Ivey, Clerk to
the Board; and Bonnie Renfro, Randolph County EDC President.
Bonnie Renfro, EDC President, informed the Board about a European wood furniture
manufacturing company that is seeking its first U.S. production site. The company proposes an
investment of $22-24 million (exclusive of real estate), and 350 initial jobs with 500 jobs at full
expanded operation. The company has visited sites in North Carolina, Tennessee and Virginia.
The preferred North Carolina site is the former Goodyear facility. However, the company would
not need all of the land. Therefore, the company is interested in a partnership with a local
government in order for the local government to purchase part of the residual land. The company
would seek a building reuse/renovation grant to repair and renovate the facility. Ms. Renfro said
that the EDC has provided the company with a list of contractors that could provide cost
estimates for renovation and to create a usable shell space. The company has contacted Darr
Construction for assistance. Ms. Renfro said that key factors in the site selection are plant
amenities, workforce and location in the heart of the furnishings industry.
Ms. Renfro said that she would keep the Board informed on any new developments with this
project.
At 10:00 p.m., closed session ended on this topic.
J. Harold Holmes, Chairman
Phil Kemp
Darrell L. Frye
Stan Haywood
Arnold Lanier Cheryl A. Ivey, Clerk to the Board