In September 2020, Mebane City Council officially signed off for UPS to build 525,000-square-foot facility in their town. The facility will be worth over $262 million.
What are the details of the UPS Mebane deal?
This cutting-edge facility will be able to process about 45,000 packages per hour and will create over 400 full-time positions for local package handlers and management staff. The average salary for these positions will be over $65,000, which means UPS will be producing an annual payroll of over $30 million, plus benefits.
Attracting such a large shipping company is a huge win for Mebane and Graham. Together, the towns offered incentives valued at more than $4.6 million, which include $3.9 million in cash incentive grants and a waiver of up to $150,000 in utility and connection fees. UPS will also be given access to 7 acres in a local park that is jointly owned by Mebane and Graham.
These municipal incentives were a solid investment. In addition to the massive infusion of job opportunities for Alamance County residents, the UPS facility is estimated to generate $23.3 million in property taxes over the first 10 years.
Why is UPS looking to start new construction in such uncertain economic times?
To put it simply, UPS needs to create a larger facility in order to handle the ever-growing shipping demands in the Greensboro-Burlington area.
The population in Alamance County is growing rapidly. In 2020, Alamance County was ranked as the 6th fastest growing county in North Carolina.
This new UPS facility proves more and more large companies are considering Mebane to be a solid investment opportunity.
We will be watching the next phases of construction with great interest!
