c090605-III Liberty shell-Enviro AirClosed Session III (Environmental Air Systems) — September 6, 2005
At 6:25 p.m. the Board, already in closed session on another matter, began discussion on a different
matter relating to the location or expansion of business in the area served by the Board, pursuant to
NCGS 143-318.11(a)(4). Commissioners Holmes, Frye, Davis, Kemp and Lanier were present. Also
present were Frank Willis, County Manager; County Attorney Alan Pugh; Alice Dawson, Clerk to the
Board; Cheryl Ivey, Deputy Clerk to the Board; and Bonnie Renfro from Randolph County Economic
Development Corporation (EDC).
Bonnie Renfro briefed the Board on a company interested in the Liberty shell building --
Environmental Air Systems (EAS). EAS is a full service provider of large heating and air handling
units used primarily in pharmaceutical, hospital and other large industrial facilities. Currently they
have operations in Greensboro and High Point. They are seeking a new facility for business expansion
while retaining their High Point and Greensboro operations. The new building would house a clean
room type environment for assembly of large units. The company wishes to be in the new facility by
January 2006. Estimated investment figures are $1 million for equipment and $3.2 million for the
building. Twenty to 25 employees would transfer to the new facility and about 100-120 new jobs are
projected. EAS is looking at several regional facilities and the decision will be based on the best price
per square foot. The company is requesting assistance to provide the best building price as well as
other standard assistance such as training and tax credits. Ms. Renfro's preliminary economic incentive
grant recommendation is $65,000 each from the County and Liberty and a $42,500 grant from the
Randolph County EDC.
Closed session on this topic ended at 6:28 p.m.
J. Harold Holmes, Chairman
Phil Kemp
Arnold Lanier
Approved: October 3, 2005
Unsealed: November 7, 2005
Darrell L. Frye, Vice Chairman
Robert B. Davis
Cheryl A. Ivey, Deputy Clerk to the Board