The rapid, post Covid expansion of the industrial market has brought two new partners to The Hollingsworth Companies industrial facilities.
Wilson Lumber, a Huntsville based company, will be expanding their footprint with a 108,960 SF door fabrication and assembly facility in the SouthPoint Business Park, Huntsville, Alabama. As a third-generation company with 70 years of service to the Huntsville MSA, the Wilson Lumber company is in a unique position to serve the rapidly expanding residential and multi-family market. The company currently operates facilities that include a lumber plant, multiple truss plants, and a window factory. Wilsons’s business strategy is focused on service to their customers, their employees, and the community. This strategy has led to a history of long-term company growth, multi-generation employees, and continuously giving back to the community. This new facility will give Wilson Lumber the opportunity to continue their growth in Huntsville. And, when they fill the first 109,080 SF, the building can be expanded to a total of 206,220 SF on the same site.
Our second new partner this quarter is BHS Corrugated Worldwide. Nearly every manufacturing and distribution company requires a constant source of packaging materials to store, ship, and protect their product. But, who supplies the equipment to those manufactures of corrugated board located in nearly every county in the world? If you are in the market for the highest quality and most technically advanced corrugated equipment, then BHS Corrugated Worldwide is your equipment of choice. From their humble start in Vienna in 1717, BHS has been in manufacturing and fabrication for over 300 years. Their pivot into corrugators began in 1960. Little did they know in 1960 that this new product line would eventually make them the leading manufacturer of corrugators; with 2,500 employees, their equipment supplies 1/3 of the corrugated board in the world. As a result of these two new leases, we have started two new speculatively complete facilities to be completed in Q2 2022. The first facility will be a 108,480 SF single tenant building located in SouthPoint, AL. This will be the 12th industrial facility in this park. The SouthPoint Business Park, Huntsville, Alabama is located adjacent to both I-65 and I-565.
The second facility will be located in David Jones Industrial Park, Andersonville, Tennessee. This industrial facility will be 126,824 SF and is a mirror image to the building next door leased to Hemasource. David Jones Industrial Park is located just east of I-75 in Anderson County, Tennessee.
The industrial market continues to expand in the southeastern United States and The Hollingsworth Companies is well suited to support this expansion with speculatively complete facilities available for immediate occupancy in Alabama, North Carolina, Tennessee, and Virginia.
