Bond Building

Greg Lowe City of Lewisburg

Director of Economic Development (931) 993-7499

greg.lowe@lewisburgtn.gov

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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

Bond Building Details

5-6

Bond Building Utilities

7

Bond Building Site Details

8-9

Maps & Logistics

10-12

Workforce & Training

13-14

Existing Industry & Incentives

15-17

Community Data

3

Bond Building Welcome to Lewisburg, TN

We are very excited to tell you about an opportunity we have to offer in the Lewisburg Industrial Park

with the Bond Building

The Bond Building…

Is located less than 2 miles from Highway 431/50/373

Is less than 8 miles from Interstate 65 (Exits 32 & 37)

Has 1 Dock Door and 4 Drive-In Doors

Has CSX Rail Line Located Directly beside Facility

Has all Municipal Utilities and Telecom Ready

This is your invitation to a promising partnership.

The City of Lewisburg…

Offers a (PILOT) Payment in Lieu of Taxes abatement incentive

Is Ready to Hear and Negotiate All Requests

Offers Assistance with Grants and Incentives from State and Federal Levels

Offers Assistance with Training Programs locally and regionally

Has Business-Friendly and Industry-Friendly City and County Leaders

Has an available Workforce that includes 1,800 Marshall Co. workers and 16,000 Regional workers

with Career Readiness Certification from the Tennessee Career Center

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 50 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

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Bond Building Building Details

Ownership Melissa Farrar Trustee

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 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

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Bond Building Local Utilities

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

Heat Load $1.17 1st 100K ccf $1.11 Over 400K ccf

Process 85¢ 1st 100K ccf 75¢ Over 400K ccf

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

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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

8

Bond Building Maps

I-65 Commerce

Park

Lewisburg Industrial Park

Nashville

Franklin

Lewisburg

Murfreesboro

Huntsville

Columbia

Pulaski Fayetteville

Shelbyville

Region Map Knoxville

Lewisburg Map

Louisville

N

N

Downtown Lewisburg

Mississippi

Georgia

Florida

Louisiana

Arkansas

Missouri

Iowa

Illinois

Michigan

Ohio

West Virginia

Virginia

Pennsylvania

South Carolina

Kentucky

Knoxville

Chattanooga

Atlanta

Cincinnati

St. Louis

Chicago

Charleston

Savannah

Greenville

Des Moines

Pittsburgh

Cleveland

300 Miles

Texas

Charleston

Roanoke

300 Miles Ka

nsas

New Orleans

City Miles Kilometers

Nashville 50 80.5

Huntsville, AL 57 91.7

Murfreesboro 45 72.4

Chattanooga 118 189.9

Memphis 237 381.4

Knoxville 219 352.5

Louisville, KY 230 370.1

Map of U.S.

Indiana

Jackson

Louisville

Indianapolis

300 Miles

300 Miles

Huntsville

Birmingham

Alabama

Memphis Charlotte North Carolina

Nashville

Little Rock

Okl

ahom

a

9

“Our logistics in Lewisburg are cheaper and easier than anywhere else” – Dan Chally, CFO – Old Hickory Smokehouse

Bond Building Logistics

RAILROADS SERVED BY: CSX Transportation

Air Service Nearest General Aviation Ellington Field (LUG)

Distance From City 5 Miles

Runway Length 5,002 Ft.

Fuel 100LL/Jet A

Repair Major

Transportation Taxi

Nearest Commercial Service

Nashville International Airport (BNA)

Distance from Lewisburg 52 Miles

Served by

• 9 Major Air Carriers • 2 Cargo Carriers • 2 Fix-based Operators • Operating 396 average Daily

Flights to 50 Non-Stop

Rail Service Railroad CSX

Major Rail Yards Nashville (Radnor) and Erwin

Intermodal Terminals Nashville and Memphis

TRANSFLO Terminals Nashville, Chattanooga, Knoxville

Automotive Distribution Centers

Spring Hill, Smyrna, Nashville and Memphis

Division Headquarters Nashville

Navigable Waterways

River Cumberland

Channel Depth 9 Feet

Nearest Port Facility Nashville

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Bond Building Education & Training

Training

Robotics & PLC Plastics Certified Production Technician

Advanced Integrated Industrial Technology Pre-Engineering Business Leadership

CNC Machining Industrial Maintenance/Safety LEAN Manufacturing

Industrial Welding Industrial Electricity Automotive Technology

3D Printing Business Leadership Customizable Programs

Bachelor’s or Higher

Labor Shed Education Levels

33% Associate’s At Least

37%

Marshall Co. Education Levels

HS Graduation Rate

90% Associate’s or Higher

18% Training Certifications

21%

11

Bond Building Labor & Workforce

Labor Shed 8 Counties

Drive Time 26 Minutes Avg.

Williamson

Rutherford

Maury Bedford

Lincoln Giles

Franklin/Spring Hill

Columbia

Murfreesboro

Shelbyville

Pulaski Fayetteville

Moore Lynchburg

* Labor Market Area is defined as Bedford, Giles, Lincoln, Marshall, Maury, Moore, Rutherford and Williamson Counties

What Our Companies are Saying

“We’ve hired some of the interns through the Spot Lowe Technology Center program because they were that good.” – Wayne Clemons - VP

“We have very low turnover even with our specialized work and training.” – Hale Hawkins - President

“We haven’t had any trouble finding workers since moving here .” – Jason Gildart - VP

“We literally have hundreds and hundreds of applications. The quality of applicants has been tremendous. We don't just find one; we find three or more.” – John Hiers – HR Director

Unemployment % 5.0

Labor Force 362,360

Unemployed 16,180

Source: November 2015 from TN Dept. of Labor and Workforce

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Bond Building Labor & Workforce

Labor Report – Marshall Co.

2014 - Inflow/Outflow Analysis (Commuting Patterns)

Unemployment 5.9%

Avg. Starting Wage

$10-13/hr.

Closings Goodman in Lincoln Co. by 2017 • 1,200 Employees • 140 from Marshall Co. Cosmolab in Marshall Co. 2015 71 employees out of 200 Certified Production Technician • High School program where

students graduate as nationally certified production technicians

Industrial Maintenance Training • TN College of Applied Technology

Training program in Lewisburg

Labor Force 14,670

+2,710 Since Dec. 2014

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Automotive Aerospace & Defense Tool & Die/Machining Plastics Die Casting Corrugated Products Food Processing Commercial Printing Tank Refurbishing Seating Warehouse/Distribution

Tool & Die Foundry Heavy Hardware Sheet Metal Lubricants Welding Supply Abrasives Coatings

Bond Building Existing Industry

“Coming to Lewisburg was a remarkable decision for us.”

Paul DiGiovanni – President

Companies 55 Employees 3,900+ % of Jobs 32

Expansions 15

New Industries 10

Capital Investment 150M+

New Jobs 2,300+

Foreign Direct Investment

Local Industrial Support

Industry Types

In the Past 5 Years Manufacturing

Associations Industrial Development Board Manufacturers’ Association Workforce Employer Outreach Committee

Top Employers

Product/Service Employees Established Expanded

Berry Plastics Polyethylene Wrap 112 1984 2012-2014

Calsonic Kansei Automotive Dashboard Electronics 1,300 1984 2011-2014

ICP HVAC Distribution 180 1971 1975-1990

Lewisburg Printing

Commercial Printing 122 1898 2010-2014

Meiwa Industry Automotive Extrusion Parts 100 2014

Multimatic Structures and Suspensions 181 2015

Nichirin Automotive Brakes and Steering Hoses 265 2002 2006-2013

West Rock Corrugated Products 226 1975 2014

Talos Systems Manufacturing and Integration 150 2002 2013-2014

Teledyne Defense/Aerospace Electronics & Microelectronics

340 1966 2013

Walker Die Casting

Aluminum Die Casting 850 1959 2007-2014

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Bond Building Local Incentives

Property Tax Abatement

1 One-Page Application

2 Votes to Approve

30 Days to Finalize

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 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 Total Amount of Capital Investment of Project Average Wage Rates of Total New Net Full-Time Jobs created by Prospect/Company Overall Economic and Industry Impact to Community of Project

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

15

Bond Building Community

Population County 31,446 City 12,100

2000-2010 +14% 2000-2010 +6.8%

Since 2010 +2.0% Since 2010 +0.8%

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 475 2015 Houses 130

Building Permits

Median Home Cost - $94,100

Median Industry Earnings - $56,186

Business Licenses

Lewisburg

2015 Total 180

$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

Median Household Income

$

Public Cost Per Student

$ $7,821

Avg. 17 students per teacher

Rating Class 3

Tax Rate - $1.45 City/$3.22 County

Workforce – November 2015

Unemployment Rate 6.1% Job Growth 1.4% Labor Force 14,670 Unemployment # 890

11%

3.7%

3.9%

2014=2015

43% 2014=2015

2014=2015

2014=2015

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“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

Bond Building Community

Economic Dev Three Star

“Lewisburg’s Park and Recreation system, per capita, meets or exceeds national standards in almost every category.”

Richie Jones – Partner

Beautiful and Historic Downtown Lewisburg Recreation Center Complex Henry Horton State Park Rock Creek Park & New Lake Park 5-Mile Greenway & Farmer’s Market Youth Football, Baseball, Softball, Basketball and Soccer Fields and Courts

Assets Marshall Co. Community Theatre Marshall Co. Art Guild Marshall Co. Memorial Library Hi-Way 50 Drive-In Saddle Creek Golf Course Ellington Airport Picker’s Creek Winery

Four (4) Shopping Centers Annual Festivals and Events

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“This community has totally proven that our decision was the right one.”

Matt Jung – President

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.

Bond Building Lewisburg is Where You Need to Be

Find Us On: www.lewisburgtn.gov

(931) 359-1544

131 East Church St. P.O. Box 1968

Lewisburg, TN 37091

Location and Logistics

Labor and Workforce

Education and Training

Utilities Quality of Life Industry Support

Leadership Growth Climate