Success Stories
The following
vignettes are just some examples of the companies which we have served,
the varied projects and deals in which we have been involved, and
the successful results which we have achieved with them. We have
worked with companies ranging from privately held to publicly traded,
from small to large, from established to brand new, and from domestic
to foreign.
Various Data Center Developers, Owners,
and Operators:
Advised on or arranged the acquisition,
construction, leasing, operation, or disposition of data centers and
other mission critical facilities around the world. Structured,
negotiated, and closed the acquisition of industrial complexes and
other properties, then managed their conversions into large-scale data
centers. Negotiated and secured incentives, including legislative
changes, to significantly reduce or eliminate unintended tax and other
consequences which otherwise would have been imposed on data centers,
while simultaneously producing for the chosen locations positive
economic and community impacts which otherwise would not have occurred
without these projects.
Global 500 Internet, Technology, Cloud Computing, and E-Commerce Companies:
Crafted and executed strategies to create and operate multiple data centers,
data center capacity, and related infrastructure in various countries on an
expedited basis. Led parallel location and site selection processes, asset
acquisitions, site assemblages, and project permit approvals. Negotiated
purchase and sale, development, utility, tax, and other incentives contracts,
resulting in cost and time savings worth tens of millions of dollars.
Wind Energy Projects:
Facilitated business relationships and negotiated contracts to create a
public-private partnership for the development and operation of wind
farms in North America and Europe.
UK-Headquartered Multinational Company:
Designed and ran the location and site selection process, initiated governmental
and other stakeholder relationships, crystallized and negotiated deal choices,
and consulted on the decision-making to establish a new vehicle parts manufacturing
plant in North America.
Japan-headquartered
manufacturer:
Start-up and expansion of a polyester
resin production facility. A brownfield site, former military
base, was chosen for a new polyester resin and film plant. We
then developed and implemented the hiring and training programs
to transfer technology to the U.S. from the parent company. The
facility was started and producing high quality material for
internal customer on time. The facility then tripled capacity
in the next 6 years, involving a total capital investment of
more than $600 million.
Major
U.S. petroleum and chemical company:
Revitalization
of a PVC production facility. Modern high capacity units were replacing
older and low capacity PVC production facilities. The older units
still represented a huge investment that needed to be utilized.
A computerized control system was developed which allowed the facility
to switch from commercial grades of PVC to specialized products,
which had a higher profit margin. A major challenge was in the
training of long-term employees on the new system. Detailed manuals
and simulators were developed to implement the training. The system
was installed and implemented in stages, which minimized disruption
to operations.
Widely-recognized internet service provider:
Introduced
creative up-front and recurring cost minimization strategies which
will save the company over $10 million on its new data center.
Japan-based
Global 500 company:
$65 million greenfield development
of a new polypropylene foam plant. A location for a new polypropylene
foam plant was being sought to ensure optimal service to key
customers. We handled all aspects of the location and site selection
process. We also negotiated all project transactions, including
optioning, acquisition, construction, incentive packages, and
utility installation and connection, saving the company over
$12 million. A hiring and training program also was developed
and implemented. The facility was constructed on time and under
budget despite weather and latent geotechnical challenges. The
facility created new jobs and capital investment which exceeded
the negotiated performance thresholds by more than 20%.
Germany-headquartered industrial materials manufacturer:
Comprehensive
location analysis for a new U.S. manufacturing facility.
Global
500, Asia-based company:
$1 million of free land,
plus $1 million in cash grants for project development costs.
Major
U.S. Retailer:
1 million square-foot distribution
center completed and operating within 9 months of closing on
the land.
High-technology space systems manufacturer:
Largest
training reimbursement award per new job in the state's history.
Japan-headquartered
multinational corporation:
Comprehensive Greenfield
project location, negotiation, and development services for a
state-of-the-art plastics manufacturing plant, which was completed
within 12 months of negotiating the construction contract. Site
has become the company's largest industrial holding in the world.
Global
500 industrial conglomerate:
Unique joint venture
with a major US chemical company to produce carbon fiber at a
new manufacturing complex next to the chemical company's plant,
enabling the parties to aggregate electricity demand and share
power purchased from one of the largest US electric utilities,
resulting in a multi-year, multi-million dollar savings.
Leading
U.S. consumer goods company:
Comprehensive project
location, negotiation, and development services for a distribution
center, resulting in $7 million in savings (net present value)
and establishing the facility and transaction model for all subsequent
facilities.
U.S.
chemical manufacturer:
Successful technology licensing
and facility development agreement in a Middle Eastern country,
allowing the manufacturer's product line and know-how to penetrate
Middle East markets for the first time.
Solar Energy Project:
Prospected, analyzed, and vetted sites for solar energy installations
in the US Southwest for the project sponsors.
Fortune
10 Company:
Successful negotiation and closing of
over $3 billion in capital investments throughout U.S.
Austrian-headquartered
industrial products manufacturer:
Comprehensive location
analysis for a new U.S. manufacturing facility.
Privately-held New England-headquartered
company:
Comprehensive location, negotiation, and development
services for a new, state-of-the-art manufacturing facility to be
the hub for all North American manufacturing, resulting in over $15
million in upfront and recurring savings. Also served as project
manager for site acquisition, plant construction, and workforce development,
and as financial advisor on approximately $35 million of financing
related to the project.
One
of the largest U.S. drug store chains:
1.2 million
square foot distribution center in West Coast state, receiving
an incentive package valued at over $30 million.
Taiwan-headquartered
industrial company:
Comprehensive review and implementation
services regarding business plan and incentive package for the
development of a one-of-a-kind specialty chemical facility in
the U.S.
Fortune
100 company:
Intensive cost-of-doing-business analysis
comparing existing facility operations to potential operations
in new locations, resulting in establishing a new strategic direction
with an internal rate of return on capital investment of approximately
40%.
Regional
real estate development firm:
Successful rezoning
of residential tracts to commercial use despite significant opposition.
Construction
materials manufacturer:
Advocacy and establishment
of new statutes effectively eliminating state income taxes for
the company's new operation for up to 15 years.
Multi-state
discount retailer:
Negotiated, among other project
development deal points that included rezoning the site and creating
an enterprise zone, an exemption from licensing taxes that saved
the company over $2 million within first five years of operations,
after government officials first told the company that it would
have to pay this tax on its new distribution center activities.
Holland-based
technology company:
Advisory services related to the
development of its North American headquarters and to negotiations
with government officials.
National
brokerage firm:
Financing and tax strategies for its
new office building, being among the first participants in a
major city's urban enterprise zone.
International
lenders:
Advisory, negotiation, and transaction closing
services for U.S. and foreign banks on numerous financings involving
commercial, retail, and industrial capital investment projects.
Other Selected Projects:
- Major
telecommunications company - corporate campus and headquarters facility
- International
telecommunications joint venture - corporate campus and headquarters
facility
- European
automobile manufacturer - first U.S. manufacturing plant
- Satellite-based
broadcasting company - headquarters and production facility
- Wireless PCS company - network operating centers, switching facilities, and
headquarters
- Food
wholesalers - series of refrigerated and frozen distribution centers
- European
software producer - headquarters and training center
- Precision
optical manufacturer - new manufacturing and R&D facility
- Space
and satellite systems manufacturer - headquarters, corporate campus,
and manufacturing, test, and integration facilities
- Steel
manufacturer - major fabrication and recycling facility
- Leading
hotel/hospitality company - headquarters expansion
- Independent power producers - three electricity generation plants