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.
Polaris Inc., founded in 1954, is an American manufacture of motorcycles, snowmobiles, ATV, and neighborhood electric vehicles. Polaris was founded in Roseau, Minnesota, where it still has engineering and manufacturing. In 2015, Polaris announced it would be opening a new facility in Huntsville, Alabama. Their 920,000 SF manufacturing facility opened the spring of 2016 and employs 1,700 workers. The Huntsville facility produces the Ranger, RZR off-road vehicles and the Polaris Slingshot with processes including vehicle assembly, metal fabrication, welding, chassis and body painting, and injection molding.
As Polaris has continued to grow in Huntsville, they looked for additional space for warehousing, distribution, and manufacturing support services. The Hollingsworth Companies, having begun construction on a 404,000 SF industrial facility, was a good solution to quickly support this growth. This new facility located in SouthPoint Business Park, Huntsville, Alabama is tilt wall construction, with a 40’ clear height, 60’ x 60’ column spacing, and 50 dock doors.
The SouthPoint Industrial Park, Alabama is located adjacent to both the I-65 and 1-565. This location provides excellent access to markets from Nashville, TN and Louisville, KY to the north and Birmingham and Montgomery, AL to the south. This corridor is highly favored by companies that serve the Southern Automotive market.
The Hollingsworth Companies’ primary market is the development of single tenant, industrial facilities in tertiary markets. These include speculative complete facilities in our 4 business parks as well as build-to-suit projects throughout the Southeast.
Facility size ranges from 100,000 SF to 650,000 SF and include 30’-40’ clear height, 60 x 60 column spacing, ESFR fire protection, and LED lighting as standard features. With an inhouse architect and seasoned project managers, build-to-suit facilities are completed faster than industry average at very competitive pricing due to our consistently high volume of construction.
The Hollingsworth Companies holdings also include quality, renovated, industrial facilities and sale lease back facilities. The Hollingsworth Companies focuses on light manufacturing, distribution, and warehouse projects throughout the Southeastern United States. With over 125 tenants across 18 million square feet of industrial space, The Hollingsworth Companies is the largest developer of industrial space in tertiary markets in the Southeastern United States.
Business success stories happen all over the world, and Mlily is no exception. Founded from humble beginnings, James Ni believed that foam created a superior sleep material. In order to maximize the material’s performance, he needed a better, more efficient way to cut foam. With a small loan from his family, he developed new machinery that allowed for precise cutting of foam and then later expanded that into the production of mattresses and pillows.
When James founded the company, sleep was perceived completely differently by the Chinese people. They were used to sleeping on hard, more cheaply made beds that provided zero support for their body. He entered the market with Memory Foam products at a time when people did not understand the beneﬁts of a proper mattress or what a good night’s sleep meant to their daily performance. James had an uphill battle ahead of him in regard to cultural expectations and the development of an entire industry. The term ‘Redeﬁning Sleep’ was born as he set out to change the culture and perception of sleep. James worked to educate the Chinese market and provide a product that changed their expectations of beds and just how they sleep.
Years later, Mlily is now the largest memory foam manufacturer in China and an A-List Stock on the Shanghai Stock Exchange. After developing the Chinese market, James set his goals on the global market and has taken the motto of Redeﬁning Sleep worldwide to expand the foam mattress market throughout Asia, the US, and Europe.
With a science-based approach to product development, the Mlily team of designers and engineers has created a next generation of proprietary foams that fight odor, wicks away moisture, and offers cooler more supportive sleep.
The 115,300 SF industrial facility located in Andersonville, TN was developed by The Hollingsworth Companies in 1997. To cater to mid-size manufacturing and distribution companies, the facility was extensively renovated to include an interior vinyl liner, LED warehouse lighting, top coated and stripped parking lot, polished and sealed concrete floors, new paint, and flooring in the office and lunchroom.
The Hollingsworth Companies’ primary market is the development of single tenant, industrial facilities in tertiary markets. These include speculative complete facilities in our 4 business parks as well as build-to-suit projects throughout the Southeast. The company’s holdings also include quality, renovated industrial facilities, and sale lease back facilities. The Hollingsworth Companies focuses on light manufacturing, distribution, and warehouse projects throughout the Southeastern United States. With over 125 tenants across 18 million square feet of industrial space, the Hollingsworth Companies is the largest developer of industrial space in tertiary markets in the Southeastern United States.
Dansons was founded in Canada by Dan Thiessen and his two sons with the desire to turn the waste of sawmills into a reliable source of energy. Through widespread success in Canada, the US, and internationally, their company eventually went on to expand its product line from horse and animal bedding, to pellet fuel and pellet fuel appliances.
Today, Dansons is a global consumer goods corporation that is now based in the US and is proudly still family-owned and managed. They are the home of multiple award-winning, consumer brands to include Pit Boss, Louisiana Grills, and Country Smokers to name a few, producing more than 75 different grills in its portfolio.
Their largest product line, pellet grills, offer the flavor of wood smoke combined with the convenience of a barrel hopper. You have probably seen a pellet grill before; they resemble traditional barrel smokers with a box bolted to the side. That box, called a hopper, holds pencil-thin pellets of compressed hardwood sawdust. “We are excited to bring not only award-winning products but a strong family-based company culture into the Fayetteville community,” says Jordan Thiessen, Chief Operating Officer at Dansons. “We look forward to building a World Class Distribution and Call Center Team in Cumberland County.”
The Maidenform building located in Fayetteville, NC was purchased by The Hollingsworth Companies as a 1031 tax exchange. To cater to large and mid-size manufacturing and distribution companies, this 259,600 SF facility was extensively renovated to include LED warehouse lighting, top coated and stripped parking lot, new roof, polished and sealed concrete floors, new paint and flooring in the office and lunchroom.
The Hollingsworth Companies’ primary market is the development of new, single tenant, industrial facilities in tertiary markets. These include speculative complete facilities in our 4 business parks as well as build-to-suit projects throughout the Southeast. The company’s holdings also include quality, renovated industrial facilities and sale lease back facilities. The Hollingsworth Companies focuses on light manufacturing, distribution, and warehouse projects throughout the Southeastern United States. With over 125 tenants across 18 million square feet of industrial space, The Hollingsworth Companies is the largest developer of industrial space in tertiary markets in the Southeastern United States.
One of the best, most durable building materials has been around since the ancient Roman Empire. They used concrete for buildings and roads. It is hard to improve on a product that has withstood the test of time…for over two thousand years! The Hollingsworth Companies is never one to shy away from a challenge. We have been working to improve one of the most proven construction materials.
Concrete is made from materials custom mixed for each installation. There are three primary components: aggregates, water, and cement. When combined in the correct proportions, concrete is created that solidifies by a chemical reaction. As the chemical reaction proceeds, the mixture changes from a thick flowable liquid into a very hard and dense solid. The resulting solid is very strong at resisting compression. To make a building component that is strong in all categories, concrete is reinforced with steel. When properly combined, the two materials work hand-in-glove to provide ideal qualities for an industrial floor.
What is the best way to bring the strengths of these two materials together? Traditionally in a concrete industrial floor, steel mats are placed on the subgrade, lifted off the ground with blocks designed to keep it at the right level in the finished slab. In theory, this would be a great way to combine steel and concrete; and, it has been the industry standard for decades. The problem is when the real world meets the theoretical case. During the process of placing the heavy liquid concrete with finishers walking on the mats as the concrete is spread and leveled, the steel is frequently pushed out of position. It has been recognized as enough of a problem that many industrial developers have decided to skip the steel and just use an extra couple inches of concrete.
Eliminating the steel completely removes all the benefits of having the steel. At the Hollingsworth Companies, we have chosen to keep the steel and homogeneously mix it into the concrete. By using Helix brand micro-rebar added to the concrete mix, the steel is evenly distributed throughout the concrete and delivers the benefits of steel reinforcing in all directions. We tested the same concrete with and without the Helix micro-rebar, and it showed a significant increase in strength. The plain concrete tested at a 7-day compressive strength of 3,440 psi. With the Helix added the same test resulted in an increase in compressive strength to 4,271 psi. That is 24% increased strength.
With this innovative mini-rebar approach, we get consistent results that are repeatable from job to job. Steel is priced by the pound, so it cost the same whether it comes in mats or mini-rebar. The homogeneous mixed in variety also saves labor and at the same time ensures that the steel ends up where it needs to be. This innovation is now incorporated into every new Hollingsworth Companies industrial building.
SouthPoint Business Park in Alabama continues to attract quality companies with the sixth tenant moving into the park. The latest addition is Aldez, a leading Inventory management and distribution company focused on the automotive industry.
The core management team is comprised of automotive industry and military veterans with a substantial focus on service. Founded in 1998, the company provides support services to the automotive industry. so they can free up their resources to focus on their core manufacturing processes. As a result of its exceptional processes and customer support, the company has grown rapidly and expanded its services to additional automotive facilities. With 22 years of exceptional service, the company has received over 20 Performance and Supplier of the Year awards from their customers.
Aldez’s new operation in SouthPoint will start by providing MRO crib management and distribution center services for the MTMUS facility to begin operations in Huntsville, Alabama. Additional, capacity is allocated to provide future growth for Tier I and Tier II suppliers that will support this rapidly expanding operation.
“This new, state-of-the-art facility is a strategic move that will allow us to serve MTMUS manufacturing’s newest automotive facility in Huntsville, Limestone County, AL and enable further growth with their supplier base,” Aldez’s COO Mike Byrne stated. “We have had a fantastic experience with the Hollingsworth team starting up this new operation. From our first phone conversation in December, I could tell that Joe Hollingsworth has developed a company that Aldez wanted to do business with now and into the future.”
“We have started another facility in SouthPoint now that this existing building has been leased,” stated Joe Hollingsworth, CEO of The Hollingsworth Companies. “The Huntsville, Limestone County, Alabama market continues to expand. Our construction plans include two spec buildings, one at 173,888 SF (completed now) and another at 109,020 SF by October 2020.”
The SouthPoint Business Park, Alabama is located adjacent to both the I-65 and 1-565. This location provides excellent access to markets from Nashville, TN and Louisville, KY to the north and Birmingham and Montgomery, AL to the south. This corridor is highly favored by companies that serve the southern automotive market.
We are starting a new year and a new decade with the benefit of an economy continuing to break record numbers. GDP is growing; manufacturing companies continue to onshore; interest rates are at record lows; and, inflation has stayed in check. What a great environment for business! Well, there is one downside to this record growth, the availability of labor. Labor shortages are starting to hinder the ability of many companies to continue their expansion plans.
While major metros suffer from limited labor due to higher labor rates and employee job shopping, there are pockets of stable, well-priced labor available. One such location is Fayetteville, NC. Fayetteville has an enviable solution to low employment rates, in close proximity to the largest military installation in the US based on population. Fort Bragg, adjacent to Fayetteville, has 7,000 “proven” US Military service members exiting the military every year and returning to the workforce.
As an employer, who wouldn’t want a highly disciplined, highly trained, drug-free employee on their team? Though a portion of this invaluable and formerly untapped labor pool is returning to their hometowns, many of these dedicated young men and women are being retained in the local economy as detailed in the July 17, 2017 article ‘Fort Bragg to Open New Career Resource Center on Post’ from the Fayetteville Observer. In addition to the former service member, related spouses and working age young adults in the household drive this number even higher.
This program is in place to transition soldiers into the local workforce while partnering with local companies and organizations. So, while this extremely important component of the US economy called “labor” is becoming scarcer by the month, Fayetteville, North Carolina’s sixth largest city (of 550,000 CSA) and the state’s youngest Metro average age of 29.2 years should not just be shortlisted…it should be the strategy location for your long- term expansion plans.
The Hollingworth Companies has a 259,000 SF facility currently available in the Fayetteville market and commercial land for a quick turn, built-to-suit industrial facility starting at 100,000 SF. For additional information, contact Tom Mann at 865-457-3701.
Hemasource is the newest tenant in David Jones Industrial Park located in Andersonville, Tennessee. HemaSource is an innovative logistics solution partner that combines best-in-class data analytics and high quality medical product supply to specialty ambulatory clinics. Their mission is to drive customer operational efficiencies and related cost savings in high volume ambulatory care clinics. HemaSource’s patented data analytics software tool and their superior customer service have enabled them to become the preferred disposables provider to the plasma collection market.
Hemasource has leased a newly developed virtually complete facility. Hollingsworth had signed the first tenant, A&S Building Systems, with 13,100 SF of office space. Hemasource will lease the remaining 114.800 SF of this facility. The 127,900 SF class A steel building has the capacity to expand to 172,600 SF with 32’ clear height and 12 dock doors.
There are plans for another facility in David Jones now that this existing building has been completed. Joe Hollingsworth, CEO of The Hollingsworth Companies stated, “Based on the continued economic recovery and growth potential in Anderson County, Tennessee, The Hollingsworth Companies has prepared the building site and pre-approved plans for an additional building project at Dave Jones Industrial Park. The building is currently planned to be an identical footprint at 126,800 SF. It is a build-to-suit and could be customized to specific tenant specifications.”
“Anderson County continues to grow on many fronts.This new company will add to the continuing job growth we are experiencing,” said Rick Meredith, President of the Anderson County Chamber of Commerce. “The reason for this is simple. Anderson County is open for business, and my staff and I here at the Anderson County Chamber of Commerce work hard every day to grow our county. I also want to congratulate my partner in economic development, Tim Thompson, on his continued work with creating jobs and projects for our county. With all this said, it is a ‘Great Day in Anderson County!”
For information on the new building planning in David Jones Industrial Park or a build-to-suit facility in your community, please contact Tom Mann at 865-719-6884.
Service Center Metals, a homegrown Virginia company and one of the fastest-growing industrial assets in the Commonwealth, has been acquired.
Richmond businessman William H. Goodwin, Jr.’s Riverstone Group LLC bought majority ownership in Service Center Metals, an aluminum extruder and recycler, through its SCM Industries LLC investment entity for an undisclosed price.
Founded in 2002 by industry executives Scott Kelley, Randy Weis, and Chip Dollins, Service Center Metals opened its plant in SouthPoint Business Park in Prince George, Virginia in 2003 after receiving its first equity backing from The Hollingsworth Companies, the largest non-urban industrial real estate developer in the Southeastern United States.
“It was an absolute pleasure investing in and developing for Service Center Metals and supporting their efforts to become the world’s most efficient aluminum extruder. The Service Center Metals example highlights the capabilities of the Hollingsworth Companies to provide investment and real estate support for high growth companies”, said Joe Hollingsworth, CEO of Hollingsworth Companies.
What began as a start-up company fueled on a dream, grit and hard work in a 77,500 square foot facility, now stands the “world’s largest horizontal casting facility” in a vast 426,000 square feet after 4 expansions. SCM currently employees 247 people and has an annual revenue of $225 million.
Jeffrey Stoke, Deputy County Administrator, Prince George County stated, “Service Center Metals’ tremendous growth and expansion has contributed to our employment opportunities, tax base, and community pride.”
When asked about the future growth potential with Riverstone, Scott Kelley, president and CEO of Service Center Metals said they “will not be restrained by capital requirements and therefore, will have the opportunity to aggressively expand where Service Center Metals chooses to pursue it.”
"I fully recommend working with The Hollingsworth Companies if cost or time driven schedules play a part in your company's opportunity because they do deliver within budget and on time with no change orders or surprises."
-- David B. Sutherland, CMS Companies
"Southern states are home to 50 million more residents than the Northeast. In corporate growth, only the South has shown a positive net migration in the early 21st Century."
-- Plano Star Courier
"We invited The Hollingsworth Companies to our Atlanta Offices. Within two weeks all negotiations were completed and the lease was executed. From beginning to end, it only took 45 days to complete our requested up fits."
-- David B. Sutherland, CMS Companies
"The bottom line is that we could not be more pleased with our Hollingsworth Companies experience."
-- Karl F. Hielscher, President and CEO, Metl Span
“From greenfield startup to becoming a national industry leader 10 years later, Hollingsworth continues to play an invaluable role in Service Center Metals growth and success.”
-- Scott Kelley, President and CEO, Service Center Metals
"Hollingsworth entered an agreement to ensure quick delivery of the pre-approved standard building sizes . We are committed to deliver the structural steel, ready for erection, in just 6 weeks from receipt of a final building order."
-- Jeff Carmean, General Manager, Nucor Building Systems
"Joe Hollingsworth participated as one of our first equity investors. In addition, Joe Hollingsworth has served as a board member and leading advisor for strategic planning and direction."
-- Scott Kelley, President and CEO, Service Center Metals