Logistics TENNESSEE. Weakley County Transportation WEAKLEY COUNTY

Transcription

1 Logistics Weakley County Transportation

2 Logistics US Highway 45 a major north south route from Chicago to Mobile State Route 22 connects to I-40 and the future I-69 Everett-Stewart Regional Airport 5,000 ft Length Runway (under expansion to 6,500 ft)

3 Paducah, KY - 50 miles to Barkley Regional Airport Northwest Tennessee Port Martin, TN --adjacent to divided 4-lane State Route 22 (Future I-169) --12 miles to the Kentucky Purchase Parkway which leads to I-24 (45mi) Martin, TN Martin to Nashville (142mi) State Route 22 to Interstate 40 Martin to Jackson, TN US 45 South (52mi) Martin to Memphis (118mi) Via SR 22 to US 51 (furture I-69) to Memphis (115mi) Transportation / Logistics Martin, Tennessee

4 Workforce WORKFORCE APRIL 2011 Regional Unemployment 12.1% Workforce Employed Unemployed Weakley County 15,240 13,570 1,670 Contiguous Counties: Obion County 15,260 13,780 1,480 Carroll County 13,670 11,920 1,750 Gibson County 22,030 19,160 2,870 Henry County 13,910 12,250 1,660 Graves County, KY 16,661 14,883 1,778 Fulton County, KY 2,901 2, TOTAL 99,672 87,595 12,077

5 Workforce Training Vocational / Technical Training The Tennessee Technology Center Two locations Serve the Weakley County Area: Paris, Tennessee McKenzie, Tennessee (also has a branch in Martin, TN) Training Offered: Machine Tool Welding Technology Computer Operations Electronics Technology Industrial Maintenance Business Systems Technology General Metals Robotics Surgical Technology

6 Population

7 Population LOCAL POPULATION Weakley County 34,895 35,021 Martin 10,515 11, Mile Radius 54,870 54, Mile Radius 170, , Mile Radius 382, ,485

8 Existing Industries Top 15 Industrial Employers in Weakley County LOCAL INDUSTRY PRODUCT UNION EMPLOYMENT MTD Products, Incorporated Riding Lawn Mowers & Automotive Parts None 1000 Champion Homes Modular Housing None 220 Southern Source Tool & Mfg. Co. Tool & Die/Metal Stamping/Value Added Pkg. None 171 Parker Hannifin Corporation Copper Components for Refrigerators & Air Cond. None 110 IFCO Systems/Valley Crating Builds Crates & Supplies Packaging None 85 Plastic Products, Inc. Custom Injection Mold None 75 Kentucky-Tennessee Clay Co. Ball Clay None 71 Akin & Porter Produce, Inc. Fresh Produce Distribution None 70 Unimin, Inc. Mfg. Ground & Treated Clay TCWH 57 Leland-Powell Fasteners, Inc. Metal Fasteners None 55 FedEx Ground Freight None 55 B & R Machine & Gear Custom Gears None 50 Boral Bricks, Gleason Division Brick Manufacturing None 50 H.C. Spinks Clay Company, Inc. Mines & Processors of Ball Clay None 43 Swartz Paper Office Supply Distributor None 42

9 Building Information Martin/Weakley County Speculative Building Martin, Tennessee

10 Building Information Martin/Weakley County Speculative Building Martin, Tennessee Site Attributes: 100,000 square feet (250 x 400 ) 50 X50 column spacing Expandable to 300,000 sq. ft. 100,000 sq. ft. of expanded area is pad ready 39 acres ceilings 12 dock high doors 1 drive-in door All utilities ready to property

11 Local Incentives Tax Abatement The City of Martin and Weakley County will provide a 15 year, 100% Payment in lieu of a Tax (PILOT) Abatement against the Local, Real and Personal Property Taxes. The PILOT will save the company $212,400 over 15 years per each $1,000,000 invested in Real Property and $55,188 over 15 years per each $1,000,000 invested in machinery and equipment.

12 Local Incentives Utlilities Water, sewer, natural gas, electricity, rail spur and an access road will be extended to the building at no cost to the company. Liaison The Weakley County Economic Development Board will work with all local, state and federal agencies to ensure that the company receives all available incentives and assistance

13 Education The University of Tennessee at Martin, (which is part of the University of Tennessee system) has an enrollment of approximately 8,500 students. UT Martin offers 75 undergraduate degree programs and six Masters degree programs. Undergraduate Majors Available: College of Agriculture and Applied Science Master's Degrees Available: Agriculture College of Business and Global Affairs College of Education and Behavioral Sciences College of Engineering and Natural Sciences Family and Consumer Sciences Business Administration Education College of Humanities and Fine Arts

14 Engineering College of Engineering and Natural Sciences The College of Engineering and Natural Sciences offers a B.S. degree in engineering with the following majors: Civil Electrical Industrial Mechanical The Bachelor of Science in Engineering degree is ABET accredited with the focus on both the theoretical and practical applications, which are reinforced by hands on laboratory experiences, state of the art computer software, and real world projects

15 Education K-12 The Weakley County School System operates 10 schools and Adult Learning Center Total enrollment: 4,600 Per Pupil Expenditure: $7,430 Student/Teacher Ratio: K through 3-1 to 19 4 through 8-1 to 20 9 through 12-1 to 19 Test Scores: The average composite ACT score for Weakley County Schools' students for 2009 was 21.7 and the state average was Weakley County Schools received Good Standing status from the Tennessee Department of Education

16 Economic Development For Questions or More Information Please Contact: Ronnie Price President/CEO Weakley County Economic Development Board (731)