Silverlode guided a global technology company to expand its headquarters and consolidate manufacturing facilities.
Opportunity:
A privately owned, global technology company was undergoing change and needed to expand its headquarters capacity and consolidate manufacturing facilities. The client engaged Silverlode to provide site selection and incentives negotiation services for the headquarters and manufacturing projects.
Solution:
Headquarters Expansion:
The client needed to determine which of its locations in the southeastern U.S. was optimal for adding additional capacity for headquarters functions. Silverlode conducted a location analysis and helped the client with its critical decision making process. We then secured highly valuable incentives for the 150,000 square foot expansion, which will result in a 20 million dollar investment in the community and more than 100 new jobs.
Manufacturing Facilities Consolidation:
The client identified the need to consolidate manufacturing facilities. The consolidation process included the disposition of an obsolete facility that had environmental issues. Silverlode helped identify and secure grant funding and to facilitate the remediation and acquisition of the facility by a local economic development organization. Silverlode also helped to structure a complex package of valuable state and local tax and financial incentives.