Endurance Real Estate Group, LLC, a real estate owner and private developer based out of Radnor, Pennsylvania, is the latest in a growing list of private development companies to make an investment in Greater Hazleton’s Humboldt Industrial Park.
The company recently purchased a 242,960 square-foot Class B manufacturing and distribution facility along the CAN DO Expressway in Humboldt.
CAN DO recognizes the organization must supplement the efforts of the private sector by pursuing permits on various sites in order to maximize the number of options available for a company. With that in mind, CAN DO is making its parks ready for business immediately and is actively working on finalizing land development approvals on a few sites in its portfolio.
CAN DO is proceeding with land development approvals for three of its sites in the Humboldt Industrial Park – Site 104 and Site 106 in Humboldt East and Site 25 in Humboldt North.
Construction is underway on IRIS USA’s 500,000 square-foot manufacturing and distribution facility along Commerce Drive in Humboldt Industrial Park East. The Japanese-based company is investing $84 million into the project and expects to hire nearly 100 employees when the facility is completed in the summer of 2020.
IRIS USA, a leading manufacturer of high-quality clear plastic storage products, pet products and ready-to-assemble furniture, broke ground for what will be the company’s first East Coast facility in the United States in May of 2018. Officials from the world-renowned plastics manufacturing company said they chose Greater Hazleton “for its abundant workforce and geographic location in order to strengthen production efficiencies and supply channels through ecommerce distribution.”
Portions of the Humboldt Industrial Park and Valmont Industrial Park received Federal Qualified Opportunity Zone (QOZ) designation from the Pennsylvania Department of Community and Economic Development. Investments made by individuals through special funds in these zones would be allowed to defer or eliminate federal taxes on capital gains.
As a driving force for economic development throughout Greater Hazleton and Northeast Pennsylvania, CAN DO, Inc. recognizes that having fully-permitted sites available allows corporations to begin construction immediately and save what can be months or potentially years of regulatory processes to get a site fully approved. CAN DO has answered this need for efficiency by preparing a site in its CAN DO Corporate Center that is fully-permitted with all approvals in place and all utilities located at the property boundary.
CAN DO has made this 12.83-acre property available for sale or lease. The site is suited for office, light manufacturing or e-commerce/distribution and can accommodate a 40,000 square-foot to 60,000 square-foot Class A building. The land, which is adjacent to Interstate 80 and PA State Route 309, is located approximately two miles east of the junction with Interstate 81 and 15 miles west of the Northeast Extension of the PA Turnpike.
CAN DO understands the need for available buildings in today’s fast paced market when industries are looking to relocate, grow and expand. With that in mind, we continue to look for ways to enhance the offerings within Humboldt Industrial Park, one of the largest industrial parks in Pennsylvania, to meet the growing number of companies that are looking for ready to go properties they can occupy immediately.
Thankfully, multiple developers are filling some of the market demand as construction is underway in Humboldt on several new speculative buildings for tenants. Additionally, numerous other buildings are available for lease. Development companies Trammell Crow Company, Mericle Commercial Real Estate Services and Tri-Mountain Realty are each nearing completion of various size spec buildings in the park.
CAN DO’s partnership with the Governor’s Action Team assisted Highwood USA in obtaining financial incentives for the company’s expansion into Hazleton. Highwood USA has purchased the 146,000 square-foot building at 64 N Conahan Drive in Hazleton to house its fabrication and supply-chain units.
Pennsylvania Governor Tom Wolf said, “This expansion represents more than just the creation of 58 family-sustaining jobs in Hazleton. It also signals the growth and evolution of manufacturing in the commonwealth. Since day one, my administration has been focused on building our manufacturing sector, and Highwood’s expansion shows that Pennsylvania manufacturing is strong – and only growing stronger.”
Tosca, a provider of reusable packaging and supply chain solutions, is one of many companies making Hazleton a “hub” for their business. The company recently expanded the size of its facility in the Humboldt Industrial Park in order to support significant growth and to increase the facilities’ capabilities.
Tosca, which moved into the Humboldt Industrial Park in 2002, previously operated in a 25,000-square-foot service center. Now after an expansion to a 50,000-square-foot facility, doubling the site’s size and capabilities, Tosca plans on building the business further and leveraging the business infrastructure in Hazleton to get it done.
“The service center expansion not only adds more square footage for the business but enables the company to operate more efficiently,” Mike Wasson, Vice President of Supply Chain and Operations for Tosca, said. “The organization took the time during the expansion to reconfigure the floorplan layout for optimum performance, re-tool machines for faster turnaround time, add new dryers, and implement new automation capabilities. The company also continues to add new jobs in both management and maintenance at the Hazleton location.”
Butler Township recently broke ground for its new municipal building and police station on a five-acre lot in the CAN DO Corporate Center in Drums that Butler Township Manager Maryanne Petrilla said is “a prime location for our municipal services office.”
Butler Township officials have long admired the CAN DO Corporate Center for its location to major transportation routes, its shovel ready sites and the many infrastructure amenities. When township officials were outbid on another site in the Corporate Center, CAN DO representatives approached them about selecting Site 11 for their new facility. Petrilla said it was the perfect fit for their operations.
“The property was attractive because of its location to State Route 309 and Interstate 80. Plus, two major subdivisions are within two miles in either direction, making us closer to the most populated areas of the township,” Petrilla said. “The municipal services building located in the CAN DO Corporate Center may help attract business and expand the tenants in the park.
FACT: Northeast Pennsylvania is the most cost-efficient location for manufacturing companies.
FACT: Northeast PA provides manufacturers with lower operating costs than they will find in any other major city and MSA throughout the Northeastern United States.
FACT: Northeast PA gives manufacturing companies in the food/beverage and plastics sectors proven reasons why their companies will operate at a peak-level of success here.
Greater Hazleton has always been recognized for being a cost-effective location that has lower operating costs than many major markets.