Upload
others
View
3
Download
0
Embed Size (px)
Citation preview
Bond Building
Greg Lowe City of Lewisburg
Director of Economic Development (931) 993-7499
2
Bond Building Table of Contents
Mission Statement The City of Lewisburg Department of Economic Development exists to assist local business
and industry growth and to recruit new business and industry to Lewisburg to create sustainable
wage jobs and expand the tax base
3 Letter of Welcome & Overview
4
5
6-7
Bond Building Details
Bond Building Access
Bond Building Utilities
9-13
14-17
18
21-23
Maps & Logistics
Workforce & Training
Existing Industry
Community Data
8 Permitting Processes
19-20 Taxes & Incentives
3
Welcome to Lewisburg,
As Director of Economic Development for the City of Lewisburg, I would like to welcome you and your company or client to Lewisburg, TN.
Lewisburg has a 100-year reputation as a manufacturing hub with 56 manufacturing operations in Lewisburg and Marshall County. In the past five (5) years, we have worked with nineteen (19) existing industry expansions and eleven (11) relocations or start-ups totaling over $144M in capital investments. The most recent projects are the first North American facility for Meiwa Industry Co. Ltd. of Japan that chose to locate in one of our two industrial parks in 2013, Multimatic of Canada/Indiana that leased an existing building in the Lewisburg Industrial Park in 2015 and Minth Group LTD of China that purchased an existing building in the Lewisburg Industrial Park in 2017.
Located on I-65, Lewisburg provides one-hour proximity to Nashville, TN and Huntsville, AL. Lewisburg sits in a nine (9) county workforce area of 400,000 out of a total population of 1,000,000 providing a multi-skilled employment region with an average commute time of 26 minutes.
For Your Company or Client to consider, Lewisburg has a privately-owned 16,000 sq. ft. building in downtown Lewisburg.
Lewisburg offers to your company or client:
An available building of 16,000 sq. ft. A building with 1 Dock Door and 4 Drive-in Doors A building with a CSX Short Line running directly beside it A building with all public utilities and AT&T or Charter Business Internet Service A building located less than ½ mile from a 4-lane Highway (31/373) A building located less than 5 miles from I-65 (Exit 32) A sizable workforce area of multi-skilled employees An existing Advanced Manufacturing environment Proximity to Four (4) vocational training centers Proximity to Community College and twelve (12) colleges/universities – 60 Miles Proximity to two (2) metro areas – 50 Miles Proximity to Nashville BNA International Airport – 50 Miles Local tax-abatement incentive program
Lewisburg and Marshall County have the experience to work with you and your client from early-stage to
full maturation and beyond. We are excited about the opportunity to assist you in joining our community and its family of manufacturing.
Thank you. Greg Lowe City of Lewisburg – Director of Economic Development
Bond Building Welcome to Lewisburg, TN
4
Bond Building Building Details
Ownership Jerry Petty
Sale Price $175,000
Lease Price $1.00/sq. ft. (Triple Net)
Building Size 16,000 sq. ft. (330 Office)
Constructed 1900
Construction Type Metal/Block/Brick/Wood
Ceiling Height 10-18 ft.
Dimensions 190 ft. X 80 ft.
Column Spacing 25 ft. X 14 ft.
Roof Type Tar/Metal Standing Seam
Floor Type 6 Inch Reinforced Concrete
Lighting Type Metal Halide & Fluorescent
Dock Doors 1 w/levelers – 10’X10’
Drive-In Doors 4 – 10’X10’
Bridge Cranes None
Heating Natural Gas
Air Conditioning No
Sprinkler No
Parking 4
208 2nd Ave. South, Lewisburg, TN 37091 35⁰26’52.40”N 86⁰47’22.72”W Tax Map 064P-E-001.00
5
Bond Building Site Details
Site 0.50 Acres
Zone C-2 (Intermediate Business)
Flood Zone 0%
Phase I No
Geotechnical No
Enterprise Zone
No
Free Trade Zone
No
Condition Fair
Main Access 2nd Ave/31-A
4-Lane Highway
1 Mile from Hwy 373/431/50
Interstate Less than 8 Miles to Exits 32 & 37 of I-65
208 2nd Ave. South, Lewisburg, TN 37091 35⁰26’52.40”N 86⁰47’22.72”W Tax Map 064P-E-001.00
6
Bond Building Building Utilities
Lewisburg Electric System
Voltage-KVA-AMP 277/480-750-902 (Phase 3)
Substation 1 Mile from Site
Lewisburg Water
Line Size 10”Line
Pressure 145 PSI
System Usage 2.8 MGD
System Capacity 4.0 MGD
Lewisburg Wastewater
Line Size 10”
System Usage 2.2 MGD
System Capacity 6.0 MGD
Lewisburg Gas
Line Size 4”
Pressure 17 PSI
AT&T
Copper & Fiber All services available upon request
208 2nd Ave. South, Lewisburg, TN 37091 35⁰26’52.40”N 86⁰47’22.72”W Tax Map 064P-E-001.00
Electricity Source Company Tennessee Valley Authority
Local Distributor - City Lewisburg Electric System
Local Distributor - County Duck River Electric Membership Corp.
Source Company Spectra Energy
Local Distributor - City Lewisburg Gas Department
Gas
Source Duck River
Water
Local Distributor - City Lewisburg Water & Wastewater
Capacity 4.0M Gallons Per Day
Current Consumption 2.5M Gallons Per Day
Storage Capacity 6.1M Gallons Per Day
Treatment Type Full Biological
Local Distributor - City Lewisburg Water & Wastewater
Capacity 6.0M Gallons Per Day
Current Usage 2.0M Gallons Per Day
City Sewer Coverage 90%
Storm Sewer Coverage 15%
Solid Waste Disposal Type Landfill
Sewer
Source Company AT&T, Charter
Telecom
Services All High-Speed and Telecom Services
Costs Pricing Determined by Carrier and Level of Services
KWH Industrial Rates at or Below National Avg. Sample Bill Available Upon Request
Water $16.59 1st 2K Gallons $3.56 Avg. after 2K Gallons
Sewer $19.47 1st 2K Gallons $6.49 Avg. after 2K Gallons
Heat Load Industrial Rates at or Below National Avg. Sample Bill Available Upon Request
Process Industrial Rates at or Below National Avg. Sample Bill Available Upon Request
7
Bond Building Local Utilities
8
Bond Building Permitting Process
Locally - 30-45 Days Site Plan Review & Approval Utility Review & Approval Fire Codes Review & Approval Building Permit Approval
State - 30-90 Days Air Permit Approval Stormwater Pollution Prevention Plan (SWPPP) Approval Land Disturbance Permit Approval State Highway Access Approval
Requires Utility Meeting & Review of Plans Prior to Planning and Zoning Meeting to Approve. Timeline Assumes Company Provides all Necessary Paperwork and Requirements on or before Process Deadlines.
Not All State Permits Above will be Required for Every Project. Timeline Assumes Company Provides all Necessary Paperwork and Requirements on or before Process Deadlines.
Start Here Buck Beard Director of Operations/Codes City of Lewisburg (931) 359-1544 [email protected]
Don Nelson Building & Codes Inspector Marshall County (931) 359-8839 [email protected]
Helpful Links http://www.lewisburgtn.gov/codes-stormwater/planning-codes http://www.lewisburgtn.gov/codes-stormwater/stormwater https://www.tn.gov/environment/section/apc-air-pollution-control https://www.tn.gov/environment/article/permit-water-npdes-stormwater-construction-permit
9
Bond Building Maps & Logistics
10
Bond Building Maps & Logistics
11
Bond Building Maps & Logistics
50 Miles
50 Miles
50 Miles
50 Miles
12
Bond Building Maps & Logistics
Non-Stop Service to These Cities To and From Nashville
BNA Airport
Sea Ports in the Region
13
Bond Building Maps & Logistics
4-Year Colleges in Tennessee Community/Technical Colleges in Tennessee
Schools Enrollment Elementary Schools 5 2,385 Middle Schools 3 1,296 High Schools 3 1,545
HS Graduation Rate
95%
With Degree or Certification
26.8% College-Going Rate
65%
Avg. ACT Score
20.3 Bachelor’s or Higher
14%
Public Cost Per Student $8,664
Student/Teacher Ratio
Marshall Co. Schools
Marshall Co. Attainments
35th Of 134 School
Districts 2015
schooldigger.com
“Exemplary” State of Tennessee
Department of Education
Rankings
17:1
Bachelor’s or Higher
Labor Shed Attainments
33% Associate’s At Least
37% HS Graduation Rate
89%
14
Bond Building Labor & Workforce
Training
Robotics & PLC Plastics
Certified Production Technician CNC Machining
AIIT(Mechatronics) Pre-Engineering
Computer Information Technology LEAN Manufacturing
Industrial Maintenance/Safety Automotive Technology
Industrial Welding Industrial Electricity
3D Printing Business Leadership
Customizable Programs for Your Industry or Business
Education & Training Facilities
Technology Centers
4 Community
Colleges
2 Students Training
2,000+
15
Bond Building Labor & Workforce
* Labor Market Area is defined as Bedford, Giles, Lawrence, Lincoln, Marshall, Maury, Moore, Rutherford and Williamson Counties
Marshall Co.
Labor Shed Labor Shed 9 Counties
Drive Time 26 Min. Avg.
Commuter Traffic County Inbound % Outbound %
Marshall 3,912 47.5 3,912 28.3
Bedford 418 5.1 1,064 7.8
Coffee 132 1.6 244 1.8
Davidson 207 2.5 2,044 15.1
Giles 458 5.6 236 1.7
Lawrence 138 1.7 91 0.8
Lincoln 279 3.4 308 2.3
Maury 625 7.6 1,183 8.7
Rutherford 348 4.2 941 6.5
Williamson 211 2.6 1,476 10.9
Total 6,728 81.8 11,499 83.9
Avg. Starting Wage $13.50/hr.
Labor Force Participation Rate
62%
16
Bond Building Labor & Workforce
Source: October 2017 from TN Dept. of Labor and Workforce
Unemployment % 2.8
Labor Force 421,460
Unemployed 10,480
Unemployment 2.7%
Labor Force 15,920
+4,050 Since Dec. 2014
Labor Report – Skilled and Unskilled
Engineers Employed by Temp Staffing Under-Employed
6,168 25,084 17% (63,592)
Engineering Talent (our 9-county labor shed is home to the following numbers of engineers): 1,892 Industrial Engineers 1,694 Civil Engineers 895 Mechanical Engineers 492 Electrical Engineers 406 Electronics Engineers, Except Computer 278 Computer Hardware Engineers 234 Environmental Engineers 165 Health and Safety Engineers 112 Materials Engineers
18,261 Team Assemblers 3,138 Inspectors, Testers, Sorters, Samplers, and Weighers 1,954 Welders 1,742 Diesel Engine Specialists 1,578 Cutting, Punching, and Press Machine Operators 1,508 Electrical and Electronic Equipment Assemblers 1,493 Industrial Machinery Mechanics 1,192 Machinists 1,077 Industrial Production Managers 1,020 Sheet Metal Workers 855 Assemblers and Fabricators 706 Tool and Die Makers 654 CNC Machine Operators 604 Logisticians 593 Structural Metal Fabricators and Fitters 564 Mixing and Blending Machine Operators 542 Coating, Painting, and Spray Machine Operators 485 Molding, Coremaking, and Casting Machine Operators 475 Chemical Equipment Operators 467 Molding Machine Operators 447 Cutting and Slicing Machine Operators 360 Multiple Machine Tool Operators 327 Chemical Technicians 313 Extruding Machine Operators
300 Engine and Other Machine Assemblers 234 Grinding and Polishing Workers, Hand 210 Rolling Machine Operators 197 Grinding, Lapping, and Polishing Machine Operators 183 Chemists 164 Lathe and Turning Machine Operators 124 Separating Machine Operators 122 Millwrights 113 Materials Engineers 106 Metal Refining Furnace Operators 104 Forging Machine Operators 102 Crushing, Grinding, and Polishing Machine Operators 100 Heat Treating Equipment Operators 89 Milling and Planing Machine Operators 87 Plating and Coating Machine Operators 86 Drilling and Boring Machine Operators 83 Chemical Plant and Systems Operators 81 Chemical Engineers 11 Materials Scientists
Engineering Talent in Labor Shed:
List of Skilled Labor in Labor Shed:
All Figures are Estimates from 2016
773 Advanced MFG. Technicians
14,011 Manufacturing Operators
31,233 Transportation & Logistics
17
Bond Building Labor & Workforce
Automotive Aerospace & Defense Electronics Tool & Die/Machining Plastics & Chemicals Die Casting & Metalworking Corrugated Products Food & Beverages Commercial Printing Tank Refurbishing Seating Warehouse/Distribution
Tool & Die Heavy Hardware Lubricants Abrasives Foundry Sheet Metal Welding Supply Coatings
“Coming to Lewisburg was a remarkable decision for us.”
Paul DiGiovanni – President
Companies 55 Employees 3,900+ % of Jobs 32
Expansions 19
Local Industrial Support
Industry Types
In the Past 10 Years Manufacturing
Associations Industrial Development Board Manufacturers’ Association Workforce Employer Outreach Committee
Automotive Dashboard Electronics
1,300 1984 2011-2014
Aluminum Die Casting 850 1959 2007-2014
Defense/Aerospace Electronics
340 1966 2013
Automotive Brakes and Steering Hoses
265 2002 2006-2013
Corrugated Products 226 1975 2014
HVAC Distribution 180 1971 1975-1990
Structures and Suspensions 260 2015
Systems Manufacturing and Integration
150 2002 2013-2014
Commercial Printing 135 1898 2010-2014
Polyethylene Wrap 112 1984 2012-2014
Top Employers
Product/Service Employees Established Expanded
18
Bond Building Existing Industry
New Industries 11
Capital Investment 153M+
New Jobs 3,000+
Foreign Direct Investment
19
Bond Building Tax Structure
Local Property Taxes City County Rate Per $100 Value $1.69 $2.76 Ratio of Assessment Residential and Farm 25% 25% Commercial/Industrial 40% 40% Personal (Equipment) 30% 30% Bonded Debt $17,626,226 $49,910,000 Total Local Assessment (2015) $231,400,572 $518,404,582 Hotel-Motel Tax 0 % 7.0 %
State Sales Tax 5% tax on food and food ingredients; 7% on all other tangible personal property unless specifically exempted. Local Sales Tax Rate 2.25% Local & State Sales Tax Collected (FY2016): $28,626,857 Income Tax • Personal: 6 % on Interest & Dividends • Corporate Excise Tax: 6.5% of Tennessee taxable income • Franchise Tax: .25% of the greater of net worth or real and • tangible property in Tennessee. The minimum tax is $100. • Unemployment Tax: New Employers 2.7% of first $9,000
Property Tax Abatement
1 One-Page Application
2 Votes to Approve
30 Days to Finalize
20
Bond Building Local Incentives
Payment in Lieu of Taxes (PILOT)
This incentive is available to both new and expanding industries and begins with a request for a PILOT Application Form from City of Lewisburg Director of Economic Development Greg Lowe. A PILOT includes: Real (Land & Building) and Personal (Machinery & Equipment) Property Tax Abatement for BOTH City and County Property Taxes – up to 10 years for Personal and up to 20 years for Real Property A PILOT is developed by the Industrial Development Board and offered to a Prospect/Company based on Total Number of New Net Full-Time Jobs created by Prospect/Company (Minimum of 20 in 5 Years) Total Amount of Capital Investment of Project (Minimum $500,000 in Real Property or $150,000 in Personal
Property) Average Wage Rates of Total New Net Full-Time Jobs created by Prospect/Company Overall Economic and Industry Impact to Community of Project Annual Survey of Jobs Created will need to be completed by Company to insure compliance with PILOT If at any time a Company is not compliant, the IDB can choose to terminate the PILOT – no clawbacks
Other Documentation/Procedures include: Project, PILOT and Tax agreements to be drafted by attorneys (Company Attorney & City/IDB Attorney), signed and recorded by both parties, as well as a Bill of Sale on any machinery/equipment for which a PILOT is developed. Other Incentives
The City of Lewisburg Department of Economic Development is prepared to offer its assistance to the company/prospect in any area required. Assistance Includes: Site/Building Location and Development Grant Application and Assistance for Any Federal, State, Regional or Local Agency Workforce Development and Training Program Development Permitting Process – Federal, State, Regional and Local Agencies Requested Assistance Not Listed Above
Population Marshall Co. 31,729 Lewisburg 11,800
2030 Projected Growth =+20%
Lewisburg, Marshall County, Tennessee
• Latitude: N35° 26.95‘
• Longitude: W86° 47.33‘
• Elevation: 707‘
• Website: www.lewisburgtn.gov
Cost of Living Index
81 83 86 86 87
91 95
100 100
0 20 40 60 80 100 120
LewisburgShelbyville
PulaskiColumbia
FayettevilleFranklin
MurfreesboroSpring Hill
National Average2015 Total 623 2015 Houses 176
Building Permits
Unemployment Rate 18% 2015 to 2016
Business Licenses
Lewisburg
2016 Total 195
$42,291
Sales Tax Collections
Annual Average Temperature: 57.7°
Average High Temperature: 70.5°
Average Low Temperature: 45.0°
Annual Average Precipitation: 54.84"
Annual Average Snowfall: 2.2“
Mean Length of Freeze-Free Period (days): 180-220
Climate Police & Fire
Crime Rate 4,830 Per 100,000
31%
3.7% Median Household Income
3.9%
2015
Rating Class 3
8.3% 2016
2015-2016
2015-2016
4.8% 2015-2016
3.1% 2015-2016
1.8% 2015-2016
#Employed Labor Force
Job Growth Rate
2.7% 2015-2016
Median Industry Earnings - $62,186 - 11%
Median Home Cost - $124,900 10%
21
Bond Building Community
Tax Rate - $1.69 City/$2.76 County
Workforce – October 2017
Unemployment Rate 2.7% Labor Force 15,920 Unemployment # 430
“It amazes me that a community of this size possesses the amenities that Lewisburg does.”
Steve Elledge – ED Consultant
Top 100
Micropolitan
Site Selection 2013 (Tied 27th in Nation)
High Performance
Award Atlas Advertising
2014
Gold Level
Sustainability
TVA 2015
Benchmark
II TN ECD 2015
Economic Development
Three Star
“Lewisburg’s Park and Recreation system, per capita, meets or exceeds national standards in almost every category.”
Richie Jones – Partner
Assets
22
Bond Building Community
Lewisburg is in the
Middle of Everything. We
have all the tools and
amenities you need to
succeed at home or in the
office, the classroom, the
board room, the production
floor and even the ground
floor. Let us prove to you
that your decision to come
here will be the right one.
Location and Logistics
Labor and Workforce
Education and Training
Utilities Quality of Life Industry Support
Leadership Growth Climate
“This community has totally proven that our decision was the right one.”
Matt Jung – President
Find Us On: www.lewisburgtn.gov
(931) 359-1544
131 East Church St. Lewisburg, TN 37091
23
Bond Building Lewisburg is Where You Need to Be