Business Facilities - December 2008 - (Page D10)

The 900,000-square-foot Wal-Mart distribution center that will begin construction in 2009 in the Barstow Industrial Park has added nearly 2 million square feet of manufacturing space. New companies in Troy include Precision Aero, Clopay, Komyo, F-Tech Research & Development, U.S. Kushin, Prex and Novacel. Companies with recent expansions include Goodrich Aerospace, American Honda, Faurecia, F&P America, Hobart Brothers and Freudenburg-NOK. To fill its new jobs, the TDC’s workforce development committee partnered with area educational leaders to create an advanced manufacturing training program specifically designed to support immediate needs of the manufacturing sector. Identified as “Skill-Trac,” the program already has more than 120 students enrolled in courses at Edison Community College, Sinclair Community College, and Wright State University. The most exciting project for the City of Barstow, CA with regard to job creation is the 1,200-acre Barstow Industrial Park. IDS Real Estate, the developer for the soonto-be rail-served Barstow Industrial Park, will offer large parcels of land within three miles of Interstate 15 and within five miles of Interstate 40. IDS has completed negotiations and signed contracts with the BNSF Railroad for a rail spur D-10 First Industrial Realty Trust is developing six buildings with sizes ranging from 191,000 square feet to 1.5 million square feet in Moreno Valley, CA . A S P E C I A L A D V E RT I S I N G S E C T I O N O F B U S I N E S S FA C I L I T I E S A N D S U P P LY C H A I N M A N A G E M E N T PHOTOS: TOP, CONCEPT DRAWING BY CARTER-BURGESS; BOTTOM, IMAGE COURTESY FIRST INDUSTRIAL REALTY TRUST Barstow, CA: Located at the Crossroads of Opportunity extension into the Barstow Industrial Park. IDS also is moving quickly to complete the Environmental Impact Report and to obtain all entitlements for the 1,200-acre project. IDS expects the Barstow Industrial Park to be ready for development in 2010, and estimates that it will construct 16.5 million square feet of new industrial buildings over the next decade. The Barstow Industrial Park is located within the Barstow Enterprise Zone, which the state of California awarded to the region in 2006. The Barstow Enterprise Zone provides special incentives designed to encourage business investment and promote the creation of new jobs through tax incentives for businesses that locate in the zone. In addition, IDS is working on an application for a Foreign Trade Zone. The city offers Recycling Market Development Zone incentives for those industries that use certain recycled materials in their manufacturing processes. With its strategic access to major highways, airports, railways and deep-water ports, the City of Barstow, and especially the Barstow Industrial Park, offers ideal sites for manufacturing, warehousing and distribution activities. With these advantages, the Barstow Industrial Park was selected by the world’s largest retailer to be the home for one of its perishable food distribution centers. Wal-Mart recently announced its plans to build and operate a food distribution center in the Barstow Industrial Park. The Environmental Impact Report was certified by the Barstow City Council in July 2008 and construction of the 900,000-square-foot Wal-Mart distribution center is expected to begin in early 2009. Moreno Valley, CA: One of America’s Fastest Growing Cities Ideally situated at the junction of State Route 60 and I-215, Moreno Valley is one of the Inland Empire’s best locations for a new business or development. As one of America’s fastest growing cities, Moreno Valley is the fourth largest city in the Inland Empire and continues to be a

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Business Facilities - December 2008 Contents First Word Snapshots Corporate Moves: North Carolina Gold Award: New Engine for Growth in Virginia Silver Award: Tennessee Gets the Big Prize Bronze Award: Enrichment in Idaho Falls Honorable Mentions International Reach From America's Heartland Supply Chain Priorities Metro Spotlight: Greenville/ Spartanburg, SC The Magnolia State Has It All A Real Estate Mega-Merger State of the Year Ask the Expert Advertiser Index

Business Facilities - December 2008

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