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.
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.
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.