2nd Quarter 2020
by Joe A. Hollingsworth, Jr.
Our articles are written to better guide industrial real estate developers, investors, and professionals; but, there is never a point when investing decisions are not affected by outside events. Those events range from regulations, taxation, right to work laws, GDP growth, etc.; and, occasionally, there is a “tsunami”.
A few thoughts on our virus/tsunamis:
• The virus has proven the fallacy of globalism and elitism, and believing that all countries have mankind’s best interest at heart. “Blind Globalism” has forever been blown apart with some
countries openly lying to great harm and hoarding supplies of “single source material”.
• Companies in America must reassess their “global supply chains”, because the complications of different governmental interactions halting a crucial part is immense, especially if it is sole
• American companies’ products that are produced overseas for marginal savings have begun the evaluation of coming home to produce, thus accelerating of America’s manufacturing resurgence.
• America’s realization that being without rare-earth metals (which are totally controlled by China) will bring Silicon Valley and the building of computers and electronics to a halt, which
must immediately change.
• Oil is no longer the ultimate economic weapon; it is food. America is blessed with agricultural capacity.
• This “tsunami” is accelerating the demise of the $40K annual tuition to universities. Why not just study from home and not mortgage the house or have student loan debt?
• The realization that not grouping college students on campus together will allow them to think more freely and have less liberal “group think”. By staying at home, they interact with their
local community population instead of liberal university professors and radical “on campus groups”.
• This problem forces us to recognize, as a community, how our economy is dependent on all our interactions with good consistent policies and regulations that apply wisdom with the small price
you must pay for preparing for devastating events, thus promoting nationalism.
• How important it is for the “hysteria-driven” media to use just facts to help educate the population?
• The words “fake news” have become more real as inaccuracies in news, by intention or lack of research, constantly are proven wrong.
• Downtown office towers are at risk, because people have learned to work at home.
• Recognition by 2/3 of Americans that some of the big city/urban problems are unsolvable.
The above list goes on and on. The seismic effects will be felt for years. It will be uncomfortable and a little frightening. As to industrial real estate, while some developers are putting new projects on hold, we believe that by the time a facility is finished there will be a scarcity – build baby build!
Hollingsworth Companies Named “Company of the Year”
Jan 29, 2019
Founded in 1836, Davie County, North Carolina is a county known for its neighborly attitude, civic pride, and entrepreneurial spirit. Having grown to a total population of approximately 42,000, Davie County is developing a growing suburban population focused on economic growth, and last year led the state with the most new manufacturing jobs.
Hollingsworth Companies has been involved in the Davie County, North
Carolina community for over 20 years. Since the initial purchase of
45 acres in 1997, The Hollingsworth Companies’ South Point Business
Park in Mocksville, North Carolina has grown to include nearly 200
acres and 9 buildings with a 10th in progress. With
continued support from local and county officials, the development of
The Hollingsworth Companies’ most recent 85-acre expansion will
establish this Mocksville SouthPoint Business Park as one of the
largest semi-rural industrial parks in the state.
Each year, the Davie County Chamber of Commerce hosts an Annual
Awards Gala highlighting achievements of the past year and honoring
recipients of their signature awards: the Business of the Year Award
and E.C. Tatum Humanitarian Award. The distinguished Business of The
Year is given to a company that has made a significant contribution
and had a positive impact on the local economy. Because of the 20+
year community involvement, the continued county support in the best
and worst of economic cycles, and the assistance in bringing 7
companies and over 400 jobs to Davie County, The Hollingsworth
Companies has proudly been named as the 2018 Davie County Business of
the Year. This award represents a long-term and successful
partnership with the Davie County community, and The Hollingsworth
Companies looks forward to continuing to market the benefits of Davie
County as it is too great to dream small dreams.
For more information on available properties or Build to Suit/Lease to Suit opportunities in the Davie County SouthPoint Business Park, contact Tom Mann at email@example.com.
In The Southern Advantage, site selection expert, Joe Hollingsworth, tells you how to find the best location in America for your business! Click below to get your free copy today.