From Site Selection magazine, January 2005
Growing Membership Means Flourishing Connections
s IAMC membership builds a head of steam, it comes as no surprise that new and old members alike have met before, often over projects.
New corporate member Robert Waller, senior vice president of operations for
Medline operates 22 distribution sites, six manufacturing facilities and six custom service centers in North America, supplemented by 25 other joint venture manufacturing operations around the world. Zweig White, a consultant for architecture, engineering and construction (AEC) firms, recently ranked Epstein sixth on its 2004 "White Hot Firm" list of 100 high-growth AEC firms. John Patelski, president of A. Epstein & Sons, is an IAMC member.
The Port of Portland (Ore.) reached an agreement in September 2004 for the $17.25-million purchase of a 700-acre (283-hectare) industrial site from Alcoa. The site is one of the few remaining large industrial properties inside the region's Urban Growth Boundary. The sale is expected to close in 2006, after Alcoa completes site demolition and environmental remediation programs. Officials then expect to develop the property incrementally, devoting the first 100 acres (41 hectares) to an industrial park.
The property purchase will be funded by a 25-year, 5.1-percent interest loan from an IAMC member organization, the Oregon Economic and Community Development Department (OECDD). "Shovel-ready industrial land is a key component of this state's economic development efforts," said OECDD Executive Director Marty Brantley. IAMC member Jill Miles, CecD, is national business development executive for OECDD. James Winter, Jr., also an IAMC member, is manager of corporate real estate for Pittsburgh-based Alcoa.
In early November 2004, IAMC member organizations IDI and Rockefeller Group Development Corp. (RGDC) teamed to purchase a 77-acre (31-acre) pad in the Central Crossings Business Park in Bordentown, N.J., from KOR Companies. In August 2003, the two companies embarked on a joint program to develop light manufacturing and warehouse/distribution facilities in foreign trade zones (FTZs), and, true to form, they will seek FTZ status for their portion of the Central Crossings property. Eugene Preston, senior vice president of development for RGDC, and S. Michael Parks, vice president of national business development for IDI, are IAMC members.
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