Magazine Archives

Utah Corporate Moves

Utah Corporate Moves

Charlotte Pipe: A Utah Success Story When Charlotte Pipe and Foundry decided to expand, it needed land with easy access to rail and highway transportation. The company found that and more at the largest new rail-served industrial park west of the Mississippi: Port 15 Utah in Cedar City, UT. Charlotte Pipe found “a business-friendly environment,” says Brad Muller, vice president of marketing, “and a very easy place to do business.” The fast track process Port 15 implemented took only seven months from permits to finished 148,000-square-foot facility on 50 acres that began producing pipe in March of this year. The 107-year-old family-owned company, a market leader based in Charlotte, NC, wanted to sell plastic pipe and fittings to West Coast plumbing distributors. But because pipe is mostly air, it’s too expensive to ship across the country, so Charlotte Pipe needed a manufacturing site within a day-and-a-half-drive of southern California and other population centers on the coast. The company also needed rail service to deliver its primary raw material—PVC resin—a reliable workforce, and room to expand. Charlotte Pipe looked for land around Las Vegas and in Arizona, but found none with rail service, an essential component. It soon learned Utah is the meeting point of three major rail lines, with service to Los Angeles, San Francisco and Seattle. Port 15 Utah was created by a group of public and private investors, including: • Utah School Land Trust • State of Utah • Quantum Development Group • Iron County School District • Cedar City/Iron County Office of Economic Development • Rocky Mountain Power “Port 15 is a unique commercial and industrial center”, says Mike Hillis, a managing partner at Commerce CRG, a regional commercial real estate firm marketing the property. Utah’s three interstate highways—two east-west routes, I-70 and I-80, and a north-south route, I-15, which runs through the middle of Cedar City—have made the state a central distribution point along the Canada/Mexico trade corridor. Cedar City Regional Airport, with the second longest runway in Utah, is a key component of regional transportation. The Iron County region and Cedar City are both undergoing population growth, while maintaining a high quality of life and reasonable cost of living. Southern Utah University and Southwest Applied Technology College offer opportunities for higher education in the area. The quality of life is enhanced by such amenities as several nearby national parks, the Utah Shakespearean Festival and the annual Utah Summer Games. The Quantum Development Group created a partnership with the Utah School Land Trust to assemble 800 […]


60 Seconds with Guy Tozzoli, President of the World Trade Centers Association

60 Seconds with Guy Tozzoli, President of the World Trade Centers Association

Guy Tozzoli began his career in 1946 as an engineer for the Port Authority for NY and NJ. In 1970, he helped create the WTCA and, in 1997 and 1999, he was nominated for the Nobel Peace Prize. BF: What unique services can a World Trade Center offer to businesses? GT: World Trade Centers (WTCs) support companies that want to grow internationally, whether they’re just beginning to look beyond their own region or are exploring ways to grow in foreign markets or find new suppliers. WTCs provide education, trade data, market research, company lists, business matchmaking services, trade shows trade missions, market entry programs—anything in support of trade. What makes WTCs unique is that they work together. The network of WTCs is very strong and they work cooperatively. If a business in Pennsylvania needs information about Taiwan, the Philadelphia WTC can call the Taipei WTC and get answers. If a company in Istanbul is looking for a supplier, the WTC there can call their counterparts in Shanghai or Charleston or Bogota or Lagos to try and see if they can find what is needed. BF: What emerging cities have the potential to become global trade hubs? GT: There are many growing cities around the world. China has almost 100 cities with populations of a million or more. Even though things in the financial world are in turmoil right now, there is still tremendous growth in many regions.  In November, our WTCA General Assembly will take place in Dubai, an incredibly exciting city experiencing phenomenal growth. In fact, it is literally growing; they’re creating islands and adding more land to the city. BF: How can international trade influence worldwide peace and stability? GT: It is proven that international commercial relationships tie nations together through mutual economic interest and cultural exchange. Research also shows that the growing link between trade and the environment hugely impacts the economy. Nations that are open to a global economy are more open politically. Trade is a direct benefit of peace. The WTCA has a positive effect on the trade environment. WTC executives spoke on activities that have had substantial impact in building and maintaining economic prosperity in key areas such as Kabul, Nigeria, Hong Kong, Korea, Mumbai and Stockholm. According to the Stockholm International Peace Research Institute, ongoing conflicts have dropped sharply since the early 1990s. We believe this is a direct result of global trade and the interdependence and interconnection that is the result of international business. The WTCA In the UAE The World Trade […]









Metro Spotlight: Cuba, Missouri

Metro Spotlight: Cuba, Missouri

A Small Town on the Move Seventy-five minutes from St. Louis’ downtown, Cuba, MO is a growing and prosperous community nestled comfortably in the peaceful Ozarks. Businesses locating in the city will find a growing industrial community coupled with the warmth and serenity of a rural lifestyle. Cuba’s location on Interstate 44, a major U.S. and Missouri artery, links businesses to St. Louis, Chicago, Memphis, Kansas City, Oklahoma City, and the nation. Cuba also offers easy access to transportation by major interstate trucking, rail, bus and air, as well as a state-of-the-art communication infrastructure with digital switching and fiber optic networking. Considering the size of Cuba (a population of around 3,500), the town’s existing industrial park has grown rapidly during the last 20 years. Companies that have moved and expanded in Cuba include Georgia Pacific, Olin, Dana Brake Parts, Inc., and Johnson and Controls, among others. To keep up with this growth, city leaders have opened a new 35-acre industrial park. Located a half mile away from Interstate 44, the Cuba Industrial Park II is adjacent to a 20-bay truck port, with a six-lane bridge to access the Interstate. All utilities are in place. Companies locating in Cuba will find one of Missouri’s most successful Enterprise Zones, offering a low cost of living, affordable new housing, and the lowest corporate and income taxes in the state. Missouri’s average property tax rate is $6.30/$100 on one-third of the value and the county tax is just $4.21/$100 on one-third of the value. Best of all, Cuba has no personal or real estate property taxes. Any qualified business that locates within the Enterprise Zone also can receive a comprehensive series of tax credits, tax abatements, and job training credits. The workforce of Cuba is ready, willing, and affordable. The unemployment rate in the area has averaged 6-7%, providing an ample supply of available and trainable workers. The city’s strong work ethic translates to lower absenteeism, higher productivity, and profits. With a 27% population growth rate over the last census, Cuba’s labor situation will remain attractive for many years to come. Learning in Cuba Cuba’s public school system is fully accredited. Higher education facilities include the University of Missouri-Rolla, East Central College, Linn Technical College and Rolla Technical Institute, plus six state satellite schools within easy driving distance.