abc building profile updated december 2012

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ABC Building Profile Prepared by: Greg Lowe City of Lewisburg Director of Economic Development (931) 359-1544 – Office (931) 993-7499 – Cell [email protected] www.lewisburgtn.com www.lewisburgtnecd.blogspot.com Welcome to Lewisburg In the Middle of Everything

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Page 1: Abc building profile updated december 2012

ABC Building Profile

Prepared by:

Greg Lowe

City of Lewisburg

Director of Economic Development

(931) 359-1544 – Office

(931) 993-7499 – Cell

[email protected]

www.lewisburgtn.com

www.lewisburgtnecd.blogspot.com

Welcome to Lewisburg In the Middle of Everything

Page 2: Abc building profile updated december 2012

Mission Statement

The City of Lewisburg will be a center of industry and commerce for the southern middle Tennessee region. This mission will be achieved by making the Lewisburg Economic and Community

Development Office a professional, active, efficient and effective partner with the State of Tennessee, Marshall County, industries, retail developers, its citizens, regional workforce and all related

agencies whose goal it is to encourage smart growth and economic well-being throughout the region.

Pages Content

3 Letter of Welcome from City of Lewisburg

4-6 ABC Building Details, Photos and Utilities

7 Regional Maps

8-10 Regional Workforce & Training Data

11 Lewisburg Top Industrial Employers

12 Lewisburg Advantages & Incentives

Lewisburg, TN Page 2

ABC Building

Table of Contents

Page 3: Abc building profile updated december 2012

Welcome to Lewisburg, TN

We are so excited to tell you about an opportunity we have to offer in Lewisburg. The ABC Building, located in the heart of the Lewisburg Industrial Park, is perfectly suited for any and all industrial ventures.

The building was constructed in 1981 and remains in great shape. Recently, ABC Pets has been manufacturing at the facility for the past 4 years.

We invite you to come and take a look for yourself and we think you will see that it is a building just waiting to do business. The owners have taken great care to keep the building viable for any prospective operation and are ready to discussing a leasing option.

This is your invitation to a promising partnership. (PILOT) Payment in Lieu of Taxes Program Available Ready to Offer PILOT on Real Estate Ready to Offer PILOT on Equipment Ready to Hear and Negotiate All Requests Assistance with Grants and Incentives from State and Federal Levels Assistance with Training Programs locally and regionally Business- and Industry-Friendly City and County Leaders

We want you to join us on our odyssey toward future growth and prosperity in the region. We know what industry needs to thrive, as we have over 30 years of working with industries to become one of the largest industrial communities in the southern middle Tennessee region. We promise to work hand and hand with you to ensure your business succeeds.

Sincerely, Greg Lowe – Lewisburg Director of Economic Development

I-65 Commerce Park

Letter of Welcome

Lewisburg, TN Page 3

Page 4: Abc building profile updated december 2012

Address: 1400 Higgs Road

City: Lewisburg

County: Marshall

Latitude: 35 25’52.86”N⁰

Longitude: 86 45’42.37””W⁰

Tax Map: 071F-A-030.00

Ownership: Ace Bayou – Rick Davis

Sale Price: $949,000

Lease Price: $2.00 Per Sq. Ft. – Triple Net

Constructed: 1981

Uses: Production, Warehouse, Office

Size: 53,000 Sq. Ft. – 3,000 Sq. Ft. Office

Ceiling Height: 20 Ft. – 24 Ft. Max

Column Spacing 25’ ft. X 50’ Ft.

Length-Width: 250 Ft. X 200 Ft.

Construction Type: Metal/Block/Concrete

Roof Type: Metal Standing Seam

Floor Type: 6 Inch Reinforced Concrete

Lighting Type: Metal Halide

Parking: 50+

Dock Doors: 4 with Levelers – 10’X10’

Drive-In Doors: 2 – 12’X12’

ABC Building

Site Details

Lewisburg, TN Page 4

Page 5: Abc building profile updated december 2012

Bridge Cranes: 1 – 6-Ton

Heating: Natural Gas

Air Conditioning: Yes - Office

Sprinkler: Yes - Wet

Stories: 1

Condition: Good

Site: 10 Acres

Zone: I-2 (Industrial Park)

Flood Zone: 90%

Terrain: Level

Environmental: No

Soil Boring: No

Enterprise Zone: No

Free Trade Zone: No

ABC Building

Site Details

Lewisburg, TN Page 5

Page 6: Abc building profile updated december 2012

Electric Lewisburg Electric

System

Voltage/AMP/KVA 277/480- 902 – 750 (Phase 3)

Nearest Substation

2 Miles

Water Lewisburg Water

& Wastewater

Line Size 12 Inches

Pressure 145 PSI

System Usage 2.48 MGD

System Capacity 4.0 MGD

SewerLewisburg Water

& Wastewater

Line Size 12 Inches

System Usage 2.2 MGD

System Capacity 3.0 MGD

GasLewisburg Gas

Department

Line Size 2 Inches

Pressure 10 PSI

Telecom AT&T

Available All Services Available Upon Request

ABC Building

Utilities

Lewisburg, TN Page 6

Page 7: Abc building profile updated december 2012

ABC Building

Region Maps

Lewisburg

People per Square Mile by County

3,000.0 to 69,468.4300.0 to 2,999.9160.0 to 299.988.4 to 159.97.0 to 88.31.0 to 6.9Less than 1.0

Atlanta

Chicago

Detroit

Cincinnati

Charlotte

New Orleans

Washington DC

Philadelphia

New York

Boston

Dallas

Austin

Houston

Omaha

Minneapolis

Oklahoma City

Denver

AlbuquerquePhoenix

Las Vegas

Los Angeles

San Francisco

Seattle

Portland

Cleveland

Orlando

Miami

Birmingham

Lewisburg

More than 76% of the major U.S. markets

are within a day’s drive of Tennessee

St. Louis

Jacksonville

Little RockCharleston

Louisville

Mobile

Kansas City

Salt Lake City

Boise

500 Mile Radius

Corpus Christi

San Antonio

Jackson

Lewisburg, TN Page 7

Page 8: Abc building profile updated december 2012

ABC Building

Regional Workforce

Williamson(25-30 Minutes)

Rutherford(30-45 Minutes)

Bedford(30 Minutes)

Lincoln(30-35 Minutes)

Giles(20-25 Minutes)

Maury(20-25 Minutes)

CountyWork in Marshall

Marshall 8,638

Bedford 639

Giles 696

Lincoln 741

Maury 1,369

Rutherford 282

Williamson 192

Total 12,557

Lewisburg, TN Page 8

County Labor ForceUnemployment

Rate# Unemployed

Marshall 12,100 9.9% 1,200

Bedford 22,240 7.8% 1,740

Giles 13,340 8.5% 1,130

Lincoln 17,330 4.8% 830

Maury 36,250 7.9% 2,850

Rutherford 142,320 5.3% 7,560

Williamson 96,570 4.4% 4,260

Total 340,150 6.1% 19,570

Page 9: Abc building profile updated december 2012

ABC Building

Training Facilities

Facility Location

Columbia State Community College Marshall & Maury

TN Technology Center Marshall & Giles

Northfield Training Center Maury/Williamson

TN Career Center Marshall

Spot Lowe Career & Technical Education Center (High School)

Marshall

Marshall Co. Adult Education Center Marshall

Lewisburg, TN Page 9

Page 10: Abc building profile updated december 2012

ABC Building

Training the Workforce

County Gold Silver Bronze Total

Marshall Co. 377 952 374 1,703

Workforce Region

3,551 8,993 3,024 15,568

Level of Certification

Outcome

Gold Job Ready for 90% of Jobs

Silver Job Ready for 65% of Jobs

Bronze Job Ready for 35% of Jobs

Career Readiness Certificates

Earned in Workforce Area

Educational Attainment

Rate

HS Graduation 90%

HS Diploma 78%

At Least an Associates

19.40%

Bachelor’s or Higher

11.9%

Level Training Programs

High School Pre-EngineeringWelding3D PrintingCNC & PLCRoboticsAdvanced ManufacturingInternships

College & Training Centers

Advanced Industrial Integrated TechnologyIndustrial MaintenanceIndustrial WeldingAdvanced ManufacturingPlastics/injection MoldingRobotics EngineeringCustomizable Programs for Any Industry

Lewisburg, TN Page 10

Page 11: Abc building profile updated december 2012

Companies Product/Service Employees

Calsonic Kansei Automotive Plastic Injection Molding 1,000

Walker Die Casting Aluminum Die Castings 500

Cosmolab Cosmetic Pencils 300

Teledyne Defense Electronics 300

Nichirin Automotive Steering & Brake Hoses 250

RockTenn Corrugated Cardboard 225

Berry Plastics Shrink Wrap 200

International Comfort Products

HVAC Distribution 180

Lewisburg Printing Company

Printing Services 100

Ace Bayou Seating 100

ABC Building

Top 10 Industrial Employers

The Chart shows the Top 10 Industrial Employers from 50 Industrial employers in Marshall County employing 3,800 people.

Lewisburg, TN Page 11

Page 12: Abc building profile updated december 2012

ABC Building

Lewisburg Advantages & Incentives

Advantage Detail

TVA Special Opportunities County Marshall Co. is a TVA Special Opportunities County

Three-Star Community Marshall Co. is a Benchmark 2 Three-Star Community

State ECD Enhancement County Marshall Co. is a Tier 3 Enhancement Community

SBA Hub Zone Marshall Co. is a Small Business Administration Hub Zone

Foreign Trade Zone Marshall Co. is prepared to make application to the Foreign Trade Zone Board on behalf of any company

for any site location

New Jobs Created

Capital Investment

Real Property Personal Property

5-25 $2 mil minimum

5-Year graduated schedule of 0% Year 1 increasing 20%

per year until 100% in Year 6

25-500 $5 mil minimum

10-Year: 5 Years at 0% with 5-Year graduated increasing

20% per year until 100% Year 10

5 Year: 0% Year 1 and schedule of 20% per year

until 100% Year 6

500-700+ $20 mil minimum

20-Year 10 Years at 0% with a schedule of 10% per year

until 100% Year 20

10-Year: 5 Years at 0% increasing 20% per Year

until 100% Year 10

Payment in Lieu of Taxes (PILOT)

The City of Lewisburg and the Lewisburg Industrial Development Board offers a PILOT (Payment in Lieu of Taxes) program for both City and County Real and Personal Property Taxes. The chart below is a general guide on the amount of property tax abatements a qualified project can expect to receive. All PILOT offers are subject to negotiation and approval by the IDB and Lewisburg Council. Based on additional factors such as wage scales, some PILOT offers may be greater or less than what is indicated in the chart below.

Lewisburg, TN Page 12