Manufacturing Facility
The Challenge
- German precision injection molder for the automotive and consumer products industry needed to establish a 175,000 square foot state-of-the-art manufacturing operation to better serve its primary customer.
- Needed a site selection consultant to conduct a national search for the optimal location and to secure real estate, negotiate economic incentives and manage the construction of the facility.
The Solution
- Conducted a nationwide site selection search to identify the location with the optimal balance of qualified labor, low operating costs, logistics efficiencies, and favorable operating environment.
- Identified twelve (12) candidate markets that SSG included in the comprehensive site selection study.
The Result
- Shortlisted sites in Greensboro, NC and Atlanta, GA as the semifinalist locations.
- Secured a 12-acre site and negotiated a lease with the developer of 175,000 square feet including free rent, tenant improvement and other concessions.
- Negotiated a $6.0+ million economic incentive package including a state cash grant, property tax abatement, and job tax credits.
- Managed the on-going compliance of the economic incentives.
- Managed the construction of the ground-up construction.
- Received award for “Deal of the Year” by the Georgia Department of Economic Development.