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Cement Prospects

Well, I for one do not want Titan here. You suggest that they will be creating jobs. Fair enough. How many? The economic outlook for cement has dimmed considerably.
See this:
"Economic data released since the last forecast paints a consistent picture of an economic growth slowdown -- again. As a result, the outlook for cement consumption during 2011-2013 has also been reduced. Even with these adjustments, significant government policy risks surround the forecast."

Then check out your own website to see how many plants Titan already operates:

In a slowing business/building environment, I would expect Titan to be relocating its current/trained personnel from other plants to Wilmington rather than hiring NEW employees from here who would have to be trained. I'd expect that the new hires won't actually be from around here. I'd love an update on the local hiring expectations from Titan. Further, I'd expect that the upper management (read: higher paying) positions have an even higher likelihood of being from out of town.

Also, does anyone have an estimate on the dollar amount of annual taxes that Titan will be bringing to New Hanover County (If they are successful in locating here)?


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