twhbea office building profile

TWHBEA Office Building

Greg Lowe City of Lewisburg

Director of Economic Development (931) 993-7499

[email protected]

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TWHBEA Office 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

7-11

12-15

16-17

18-20

TWHBEA Office Building Details

Maps & Logistics

Workforce & Training

Existing Industry & Incentives

Community Data

TWHBEA Building Utilities

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TWHBEA Office Building Welcome to Lewisburg, TN

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

Tennessee Walking Horse Breeder’s and Exhibitor’s Association Office Building located at 250 N. Ellington

Parkway.

The TWHBEA Office Building…

Is located less than on Highway 431/50

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

Has Four (4) Spacious Offices with Lobby, Storage and Conference Room

Has Three (3) T1 Lines

Has Convention Hall Access

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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TWHBEA Office Building Building Details

Ownership TWHBEA – Rory Williams

Sale Price Not for Sale

Lease Price $8.00/sq. ft.

Building Size 1,200 sq. ft. (Office) 11,000 sq. ft. (Convention)

Condition Excellent

Constructed 1969 – 1982 – 1999 Expanded

Construction Type Brick/Concrete/Wood

Ceiling Height 14-30 ft.

Stories 1

Dimensions 28 ft. X 36 ft. (Office) 179 X 222 ft. (Convention)

Roof Type Shingle

Floor Type 6 Inch Reinforced Concrete

Lighting Type Fluorescent

Heating Electric & Natural Gas

Air Conditioning Yes

Sprinkler Wet

Parking 75+

Site 5.46 Acres

Zoning C-2 (Intermediate Business)

Flood Zone 0%

250 N. Ellington Parkway, Lewisburg, TN 37091 35⁰27’02.47”N 86⁰46’30.54”W Tax Map 064K-A-122.00

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TWHBEA Office Building Building Utilities

Lewisburg Electric System

Voltage 277/470 (Phase 3)

Substation 2 Miles from Site

Lewisburg Water

Line Size 12 inch

System Usage 2.8 MGD

System Capacity 4.0 MGD

Lewisburg Wastewater

Line Size 10 inch

System Usage 2.2 MGD

System Capacity 6.0 MGD

Lewisburg Gas

Line Size 4 inch

Pressure 17 PSI

AT&T

Copper & Fiber Three (3) T1 Lines – All Services Available Upon Request

250 N. Ellington Parkway, Lewisburg, TN 37091 35⁰27’02.47”N 86⁰46’30.54”W Tax Map 064K-A-122.00

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TWHBEA Office 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

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

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TWHBEA Office Building Maps & Logistics

Railways Non-Stop Service to These Cities To and From Nashville Airport

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Railways

Non-Stop Flights To and From Nashville BNA

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4-Year Colleges in Tennessee Community/Technical Colleges in Tennessee

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HS Graduation Rate

95%

Associate’s or Higher

21% Training Certifications

21% College-Going Rate

65%

Avg. ACT Score

19.4 Bachelor’s or Higher

14%

Public Cost Per Student $8,664

Student/Teacher Ratio

Marshall Co. Schools

TWHBEA Office Building Labor & Workforce

Marshall Co. Attainments

35th Of 134 School

Districts 2015

schooldigger.com

“Exemplary” State of Tennessee

Department of Education

Rankings Schools Enrollment Elementary Schools 5 2,385 Middle Schools 3 1,296 High Schools 3 1,545

17:1

Bachelor’s or Higher

Labor Shed Attainments

33% Associate’s At Least

37% HS Graduation Rate

89%

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

Source: November 2016 from TN Dept. of Labor and Workforce

Marshall Co.

Labor Shed Labor Shed 9 Counties

Drive Time 26 Min. Avg.

Unemployment % 4.2

Labor Force 403,330

Unemployed 15,240


Commuter Traffic

Avg. Starting Wage

$13/hr.

Unemployment 4.5%

Labor Force 14,930

+3,080 Since Dec. 2014

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

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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 2015

773 Advanced MFG. Technicians

14,011 Manufacturing Operators

31,233 Transportation & Logistics

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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 18

New Industries 10

Capital Investment 131M+

New Jobs 2,600+

Foreign Direct Investment

Local Industrial Support

Industry Types

In the Past 5 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

TWHBEA Office Building Existing Industry

Top Employers

Product/Service Employees Established Expanded

17

TWHBEA Office 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 (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

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

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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 Average

Workforce – November 2016

Unemployment Rate 4.5% Labor Force 14,930 Unemployment # 670

2015 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

Tax Rate - $1.90 City/$3.22 County

8.3% 2016

2015-2016

2015-2016

1.7% 2015-2016

3.1% 2015-2016

1.8% 2015-2016

#Employed Labor Force

Job Growth Rate

TWHBEA Office Building Community

2.9% 2014-2015

Median Industry Earnings - $62,186 - 11%

Median Home Cost - $124,900 10%

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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

TWHBEA Office Building Community

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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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.

TWHBEA Office Building Lewisburg is Where You Need to Be

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

twhbea office building profile

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