Industrial For Sale
120,000 Sq Ft
Large manufacturing warehouse located in a newly designed U.S. Federal Foreign Trade Zone.
PDW has ceased operations and has moved product overseas and to other locations. PDW was located in a Southern US rural area. Because of its location the site has a multitude of State, County and Federal incentives to reopen as a manufacturer or warehouse business.
120,000 square feet of warehouse and manufacturing area
16 areas of industrial property
10 loading docks adjacent to warehouse storage
Location is just 30 minutes from I-20
Heavy electric power and natural gas on site
35 Compression Molding Presses with capacity up to 600 ton
3 Gas fired Boilers for steam heat
2 outside silos for material storage
Large available work force
Abundant Parking Area
Room for growth
This site is located within a US Foreign-Trade Zone and can be approved as a Sub-zone.
Foreign-Trade Zones (FTZ) are secure areas under U.S. Customs and Border Protection (CBP) supervision that are generally considered outside CBP territory upon activation. Located in or near CBP ports of entry, they are the United States' version of what are known internationally as free-trade zones.
Under zone procedures, the usual formal CBP entry procedures and payments of duties are not required on the foreign merchandise unless and until it enters CBP territory for domestic consumption, at which point the importer generally has the choice of paying duties at the rate of either the original foreign materials or the finished product. Domestic goods moved into the zone for export may be considered exported upon admission to the zone for purposes of excise tax rebates and drawback.
Federal, State and County incentives available for this site:
HUBzone – A United States Small Business Administration program for small companies that operate and employ people in a Historically Underutilized Business Zone.
DELTA REGIONAL AUTHORITY – Helping companies located in the region with a variety of programs
USDA Rural Development Administration – Providing available financing
GAP – Growth and Prosperity provided in State Programs
NMTC – New Market Tax Credit - Funding options
HubZone Advantage: For companies pursuing U.S. Government Contracts. The Plant is within a Historically Underutilized Business (HUB) Zone as designated by the SBA. This means there that each Federal Government agency has to set aside at least 3% of its total Federal Contracting dollars for HUB Zone businesses. Another advantage is that the county is part of the Greater MS Foreign Trade Zone. Any products where raw materials are imported and then a finished product is exported can be produced at the plant duty free if a Sub Zone is established at the plant. The third advantage is with state public utilities. They are required to buy from state firms if the product is available in the state. Entergy, Atomos Energy, and MS Power Company are scrambling to find state suppliers in the state.
Additional incentives and subsidies for which a new company may qualify include:
Property tax abatements
Investment tax credits
Job creation tax credits
Inventory tax exemption
Sales, franchise, and use tax exemptions or reductions
Lower utility rates
Financial assistance through low interest loans and/or bond financing
ADDITIONAL SUPPORT EQUIPMENT:
Air Compressors with Dryers
Tool Room and Maintenance areas
Cafeteria and an abundance of office space