Business Facilities - December 2008 - (Page 8)

CORPORATE MOVES North Carolina By Fred Felton FedEx Ground to Build Package Sorting Hub in Guilford County F 8 DECEMBER 2008 PHOTO CREDIT: GREENSBORO, NC ECONOMIC DEVELOPMENT ALLIANCE edEx Ground will build a new southeast sort facility in Guilford County, NC. FedEx has purchased a 125-acre site along I-40 in the Triad Business Park and will construct a 400,000 square-foot facility capable of sorting 45,000 packages per hour at full build out. The FedEx Ground facility will open in 2011 with about 500 fulland part-time employees, of which about 150 will be new positions. Additionally, independent contractors at opening are projected to be about 250, with 150 of them being newly created for the hub operation. The existing employees and independent contractors will come from the two existing Piedmont Triad facilities moving into the hub. Approximately four years after opening, the company projects that about 260 full- and part-time employees as well as about 200 independent contractor opportunities will be added. The company will invest about $100 million in land, building construction, and new machinery and equipment. The announcement last month of the Guilford project came as FedEx Express was preparing to open a new $300-million mid-Atlantic express hub at Piedmont Triad International Airport in Greensboro in the summer of 2009. When both facilities are fully operational, FedEx will directly employ close to 2,000 locally. GEDA, the Samet Corporation and the Town of Kernersville, worked with FedEx Greensboro, NC Ground for the last 18 months, assisting them Kirk Perkins, chairman of the with site decisions while leveraging Guilford County Board of Com- the resources of local and state govmissioners, commented on the sig- ernments. Participants in the project nificance of the FedEx Ground deci- included the Town of Kernersville, sion. “It’s an exciting time for Guilford County Commissioners, Guilford County and especially North Carolina Departments of notable with the state of the US Transportation and Commerce, the economy to have that kind of North Carolina Community College investment and future job growth System, Guilford Technical Commupotential being generated here by nity College, Winston-Salem BusiFedEx Ground,” he said. ness Inc. and Duke Energy. Triad “The economic impact of a new Business Park is being developed by FedEx Ground sort hub is tremen- the Samet Corporation and the land dous,” noted Chuck Cornelio, transaction was brokered by John chairman of the Greensboro Eco- Schultz and Tom Townes of Triad nomic Development Alliance Commercial Properties. (GEDA). “FedEx is making another GEDA’s mission is to facilitate the very substantial investment in Guil- creation of high quality jobs, attract ford County because they see the new capital investment, retain and opportunity our workforce and expand existing businesses, improve community represents. We assem- per capita income and to generally bled a great team to work with improve the quality of life in GreensGround to fully understand their boro and Guilford County. GEDA is project needs and then brought the a member of the Greensboro Partnecessary resources together to nership, created to develop a vibrant accomplish the task. Our goal is community that expands and attracts always to make a complicated site business while advancing the quality decision as seamless as possible.” of life for all.

Table of Contents Feed for the Digital Edition of Business Facilities - December 2008

Business Facilities - December 2008 Contents First Word Snapshots Corporate Moves: North Carolina Gold Award: New Engine for Growth in Virginia Silver Award: Tennessee Gets the Big Prize Bronze Award: Enrichment in Idaho Falls Honorable Mentions International Reach From America's Heartland Supply Chain Priorities Metro Spotlight: Greenville/ Spartanburg, SC The Magnolia State Has It All A Real Estate Mega-Merger State of the Year Ask the Expert Advertiser Index

Business Facilities - December 2008

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