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

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

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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

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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

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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

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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 buck.beard@lewisburgtn.gov

Don Nelson Building & Codes Inspector Marshall County (931) 359-8839 don.nelson@marshallcountytn.com

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

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Bond Building Maps & Logistics

10

Bond Building Maps & Logistics

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Bond Building Maps & Logistics

50 Miles

50 Miles

50 Miles

50 Miles

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Bond Building Maps & Logistics

Non-Stop Service to These Cities To and From Nashville

BNA Airport

Sea Ports in the Region

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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%

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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+

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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%

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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

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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

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Bond Building Existing Industry

New Industries 11

Capital Investment 153M+

New Jobs 3,000+

Foreign Direct Investment

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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

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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%

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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

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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

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Bond Building Lewisburg is Where You Need to Be