Lewisburg 2009 MTIDA Community Data Profile

Document Sample
Lewisburg 2009 MTIDA Community Data Profile Powered By Docstoc
					Middle Tennessee Industrial Development Association 2009 Community Data Profile

LEWISBURG
Marshall County QUICK FACTS
County Seat: Lewisburg Elevation: 707' Market Region: Nashville Distance From Nashville: 48 miles City URL: http://www.lewisburgtn.com City Blog URL: http://www.lewisburgtnecd.blogspot.com Additional Incorporated Cities within County: Chapel Hill; Cornersville Year Incorporated: 1837 Longitude: W86° 47.33' Area in Square Miles (County): 375 Latitude: N35° 26.95'

TAX STRUCTURE
LOCAL
City Property Taxes: Rate per $100 value $ 1.36 Ratio of Assessment: Residential and Farm 25 % Commercial/Industrial 40 % Personal (Equipment) 30 % (Inventory Tax) Raw Materials Only: Bonded Debt $ 12,841,268 Assessed Valuation $ 243,231,692 School Tax 0% Sales 2.25 % Hotel-Motel Tax 0% County $ 3.09 25 % 40 % 30 % $ 43,595,221 $ 540,912,936 0% 2.25 % 7.0 %

POPULATION
City 2000 (Census) 10,413 July 2007 (Estimates) 10,856 Percent Population Change 2000 – 2007 4.1 % % Nonwhite 20.0 % County 26,767 29,179 8.3 % 12.1 %

CLIMATE
Annual Average Temperature: 59.0° Average High Temperature: 71.0° Average Low Temperature: 48.0° Annual Average Precipitation: 51.8" Annual Average Snowfall: 5.5" Prevailing Winds: Southerly Mean Length of Freeze-Free Period (days): 180-220
Lewisburg Business Park is among industrial sites in Middle Tennessee to be certified “Deal Ready”. For complete information about the site and the Deal Ready program go to www.DealReady.com.

STATE
Sales Tax 5.5% tax on food and food ingredients; 7% on all other tangible personal property unless specifically exempted. Income Tax • Personal 6 % on Interest & Dividends • Corporate Excise tax – 6.5% of Tennessee taxable income • Franchise tax – .25% of the greater of net worth or real and tangible property in Tennessee. The minimum tax is $100. • Unemployment Tax: New Employers 2.7% of first $7,000

COMMUNICATIONS
Post Office Class:First Newspapers: Marshall County Tribune The Tennessean Frequency: Weekly Daily

TRANSPORTATION
AIR SERVICE: Nearest General Aviation: Ellington Field Location Identifier: LUG Distance from City: 3 miles N Runway Length: 5,002 feet Surface: Asphalt Lighting: MIRL/VASI Fuel: 100LL/Jet A Repair: Major Transportation: Taxi Nearest Commercial Service: Nashville International Airport Location Identifier: BNA Served by 16 airlines; operating 350 average daily flights to 89 markets and 45 non-stop markets (as of January 1, 2009). HIGHWAYS: U.S Highways: 31A and 431 State Highways: 50, 373 Nearest Interstate: 6 miles to Interstate 65 COMMON CARRIERS: Air Freight Companies: None Motor Freight Companies: 50 Terminal Facilities: 2 Bus Services – Inter-City: None Local: None Carrier Service: None RAILROADS SERVED BY: CSX Transportation NAVIGABLE WATERWAYS: River: Cumberland Channel Depth: 9 feet Nearest Port Facility: Nashville Miles: 50

Telephone Companies: AT&T Radio Stations: 2 local Television Networks: 1 local ; 4 network channels Cable Companies: Charter Channels: 49

EDUCATION
# Local Schools Elementary 5 Jr. High 3 Sr. High 3 Voc-Tech 1 Private/Parochial 0 Enrollment 2,788 859 1,479 479 Pupil/Teachers Ratio 15:1 18:1 16:1 18:1

Technology Center: 1 with 123 enrollment Colleges: Columbia State Community College; Vanderbilt University (50 miles); MTSU (45 miles); and TSU (55 miles) Other: State Industrial Training Service Available: Yes Type of Public School System: County

GOVERNMENT
Governing Body: City: Mayor and City Council
Meets: 2nd Tuesday Time: 6:00 p.m. Place: City Hall

County: Mayor and County Commissioners Fire Department: full-time fire fighters in city: 22 city volunteers: 12 full-time fire fighters in county: 1 county volunteers: 140 fire stations in city: 2 city fire trucks: 7 fire stations in county: 9 county fire trucks: 25 Law Enforcement: full-time police officers in city: 29 full-time police officers in county & sheriff: 23 city patrol cars: 10 county patrol cars: 29 Insurance Rating: Zoning Regulations: Planning Commission: Industrial Development Corp: City: 5 Yes Yes Yes County: 8-10 Yes Yes No

INDUSTRIAL SUPPORT SERVICES
Service Tool & Die Heat Treating Foundry Heavy Hardware Sheet Metal Lubricants Welding Supplies Abrasives Other: Die Casting Town Local Nashville Local Local Local Local Local Local Local Distance (Miles) 48

COMMUNITY FACILITIES
Health Care: Hospitals: 1 Beds: 119 Clinics: 2 Beds: 0 Doctors: 21 Dentists: 9 Nursing Homes: 2 Beds: Retirement Homes: 4 Beds: Residential Care/Assisted Living: 1 Religious Organizations: Protestant: 34 Catholic: 1 Other: Jehovah's Witness: 1 Seventh Day Adventist: 2 Latter Day Saints: 0 Day Care Centers: 8 Day Care Homes: 5

SELECTED ECONOMIC INDICATORS
2007 Annual Average County Labor Force: Civilian Labor Force Employment Unemployment Unemployment Rate HS Graduates (2007-08) 12,960 11,980 980 7.6 % 382 Labor Market Area* 322,790 308,220 14,580 5.2 % 6,946

Manufacturing in Area (Annual Averages): Number of Units: 53 Ann. Avg. Employment: 3,107 Per Capita Personal Income Year: 2006 Amount: $ 25,008 Retail Sales Year: 2007 Amount: $ 282,153,287

Recreation: Libraries: 1 Parks: 3 Golf Courses (Public & Private): 3 Swimming Pools (Public & Private): 3 Country Clubs: 0 Theaters: 1 (includes 1 drive-in) Bowling Alleys: 1 Hotels & Motels: 4 Rooms: 199 Bed & Breakfasts: 0 Largest Meeting Room Capacity: 300 Restaurants: 28 Other: Skating rink, ball fields, tennis courts, community theatre, historic homes, full service City recreation center.

Estimated County Available Labor: Date (month): November 2008 County Total: Male: Female: 1,290 700 590 Labor Market Area 22,530 11,740 10,790

NATURAL RESOURCES
Minerals: Crushed stone Timber:

County 10-Year Growth Report Expansions Years: 1998-2007 New Plants Number Projects: 11 67 Job Opportunities: 436 1,600 Total Investments: $ 51,581,500 $ 128,257,511 * Labor Market Area is defined as Bedford, Giles, Lincoln, Marshall, Maury, Moore, Rutherford and Williamson Counties in Tennessee

AGRICULTURAL PRODUCTS
Crops: Cattle (beef & dairy), horses, goats, hay, corn, soybeans, wheat and tobacco; truck farming and orchards

The Industrial Advantage

FINANCIAL INSTITUTIONS
Number of Branches: Deposits Name of Banks: Bank of America 1 $ 34,804,000 Citizens Bank & Savings 1 26,796,000 First Commerce Bank 2 160,170,000 First Farmers & Merchants 1 61,924,000 First National Bank of Pulaski 1 23,185,000
*Heritage South Community CU *Ascend Federal Credit Union 3 in 3 cities 14 in 9 cities 6,204,767 70,155,454

Commercial Banks: 5 Savings Institutions: 0 US Branches of Foreign Banks: 0 Total # of Institutions: 7 Combined Deposits: $ 306,879,000
*NOT calculated in Combined Deposits

In addition to its strategic location, Middle Tennessee offers other advantages to a wide variety of industries: ♦ Cap on franchise/inventory tax for distribution/warehousing facilities. ♦ Tax incentives on machinery, manufacturing, and distribution equipment/ racking systems. ♦ Jobs Tax Credit Program ♦ Abundant workforce in “Right-to-Work” state ♦ Reliable TVA electric power ♦ Highly-developed transportation system And a climate that supports business and growth.

(Deposits ($000) for June 30, 2008)

UTILITIES
GAS Local Distributor: Lewisburg Gas Company Phone: 931.359.4016 Website: http://www.lewisburggas.com Source Company: Empire, Atmos, Amerigas Fuel Oil Suppliers: 0 Suppliers of LP Gas: 3 WATER Water Supplier: Lewisburg Water Department Phone: Source: Duck River Capacity: 4,000,000 GPD Current Consumption: 2,500,000 GPD Storage Capacity: 6,100,000 Gallons ELECTRICITY Source Company: Tennessee Valley Authority Local Distributor City: Electric Power System: Lewisburg Electric System Manager: Richard Turner Address: Post Office Box 2727 Lewisburg, Tennessee 37091-1727 Phone: 931.359.2544 Fax: 931.359.6759 Website: none at this time Local Distributor County: Electric Power System: Duck River Electric Membership Corporation General Manager: James Allison Address: Post Office Box 89 Shelbyville, Tennessee 37162-0089 Phone: 931.684.4621 Fax: 931.685.0013 Website: www.dremc.com SEWER Sewer Provider: Lewisburg Water Department Phone: 931.359.6831 Type of Treatment: Full Biological Capacity: 3,000,000 GPD Current Usage: 2,000,000 GPD City Sewer Coverage: 90% Storm Sewer Coverage: 15% Solid Waste Disposal Type: Landfill MTIDA works closely with the Tennessee Valley Authority, which supplies electric power to Middle Tennessee through 27 distributors.

MAJOR INDUSTRIAL MANUFACTURERS/DISTRIBUTION (50+ employees)
Firm
CKNA of Lewisburg Walker Die Casting Sanford, Inc. Cosmolab, Inc. Teledyne Electronics Mfg Svcs. Nichirin, Inc. Rose Moon Products, Inc. Trison Coatings, Inc. Abeco Die Casting Co. Inc. Pliant Corporation Smurfit-Stone Container Corp. Lewisburg Printing, Inc. Marshall Manufacturing Southern Carton Company International Comfort Products

Product or Service

Total Employees
1,100 550 470 350 300 200 150 150 100 100 100 100 75 50 50

Union
None None None None None None None None None None None None None None BBI

Phone Number
931-359-4001 931-359-6206 931-359-1583 931-359-6253 931-359-4531 931-359-5709 931-359-1501 931-359-0303 931-359-4287 931-359-7815 931-359-4575 931-359-1526 931-359-2573 931-359-6285 931-359-3511

Plastic injection molding Aluminum die castings Writing instruments Cosmetic preparations Electronics Automotive brakes & steering hoses Pencils, pens & erasers Automotive parts, powder coating Aluminum die castings Polyethylene wrap Corrugated containers Printing services Machine fasteners components Corrugated packaging HVAC distribution

For information on industrial sites and available industrial buildings contact:
Mr. George W. Shuff, III, Executive Director Middle Tennessee Industrial Development Association 2108 Westwood Avenue Nashville, Tennessee 37212 Phone: 615.269.5233 WATS: 800.227.6628 Fax: 615.269.5184 Email: mtida@mtida.org Website: www.mtida.org Terry Wallace, Director Lewisburg Industrial Development Post Office Box 1968 Lewisburg, Tennessee 37091 Phone: (931) 359-1544 Fax: (931) 359-7055 Email: twallace@ctyoflew.com Website: www.lewisburgtn.com

This information contained herein was obtained from sources we consider reliable. We can not be responsible, however, for errors or change in information.


				
DOCUMENT INFO
Categories:
Tags:
Stats:
views:3
posted:11/2/2009
language:English
pages:4