DAVIDSON COUNTY

    Low cost of doing business

    • 3.0% NC Corporate Income Tax rate
    • 5.499% NC Individual Income Tax rate
    • Davidson County Cost of Living Composite Index is 88.8
    • Combined NC and Davidson County Sales tax of 6.75% - among the lowest in the U.S.
    • No inventory tax
    • Right-to work state (non-union)
    • Personal Property Tax Rate among lowest in the southeast U.S.
      • Davidson County rate is $0.54 per $100 valuation
    • Energy and Utilities rates among the lowest in the U.S.

    Superior Transportation and Logistics Network

    • I-85 connects Davidson County to the United States interstate network.
    • I-285 provides immediate access to I-85 and I-40.
    • NC Highway 64 provides immediate access to I-73/74 and I-40.
    • Charlotte Douglas International Airport, Piedmont Triad International and RDU International Airport are conveniently located near Davidson County.
    • Davidson County Airport (KEXX) offers business aviation services. Avgas/JetA (No fees with fuel purchase) 5,000 ft runway. ILS, LOC,DOR-DME,GPS

    World-Class Workforce Development and Training

    • Economic Development, Private Industry, Education and Government collaboration
    • Fully-integrated advanced manufacturing education and training curriculum, at Davidson County Community College with apprenticeship opportunities provided through public-private partnerships.

    Demographics

    • Davidson County population – 164,926
    • Davidson County labor force – 79,600
      • within 15 minutes – 141,307
      • within 30 minutes – 579,315
      • within 45 minutes – 1,505,155
    • Davidson County unemployment rate – 4.2% (12/2017)
    • Median household income – 43,363
    • Davidson County wage standard (2016) - $717/week
    • Ranked as Tier 2 county (2017 - NC Commerce)

    High Rock Lake

    • High Rock Lake is a reservoir lake located in Davidson County and is part of the Yadkin/Peedee river basin
    • High Rock Lake is the second largest recreation lake in NC

    The Company You Will Keep…….(Major Davidson County Firms)

    • EGGER Wood Products
    • Atrium Windows and Doors
    • Old Dominion Freight Line
    • Richard Childress Racing
    • PPG Industries
    • Emerson (ASCO)
    • United Furniture
    • VitaCost
    • Whitewood Industries
    • Ennis Flint
    • Matcor
    • Unilin Flooring (Mohawk)

    NORTH CAROLINA

    • 9th largest population in the U.S. (over 10,000,000 - 12/2016)
    • 9th largest GDP in the U.S. ($481.9 Billion – US Commerce Department)
    • 2nd largest state-maintained highway system in the U.S.
    • The largest consolidated rail system in the U.S.
    • The lowest corporate income tax rate in the Southeast (3.0% for 2017)
    • No inventory tax
    • Construction costs are 18% lower than U.S. average
    • Largest manufacturing workforce in the Southeast (460,000+)
    • 58 Community Colleges providing Customized Workforce Training and Development programs for new and existing industry
    • #1 Best States for Workforce Development / Atlantic Region – Site Selection Magazine (2016)