Advanced Manufacturing
Nationally, key manufacturing sectors are expected to grow in employment from 2008 to 2012. Stillwater Business Park in Redding, California, offers advanced Manufacturers a solution to tightening labor supplies found in other parts of California and the nation. Plastics product manufacturing, machinery manufacturing, and architectural and structural metals manufacturing can look to the City of Redding, Shasta College, and the Shasta Economic Development Corporation to provide quality employees and a competitive operating environment. These comprehensive partnerships of employers, educators, the public workforce system and other entities are working to expand the pipeline of youth, help alternative labor pools gain industry-defined skills and competencies, and develop alternative training strategies.
Smart workers and workforce resources
Shasta County has skilled workers with above-average educational attainment, and an array of training opportunities available through SMART. Labor rates are significantly lower than other urban centers in the state.
Transportation advantages
Gateway access to U.S. and global markets via a modern multimodal transportation system.
Low business taxes
Redding has the lowest property tax rates among its competitors.
Encouraging business success
Redding offers effective incentives to facilitate investment and create new jobs.
Abundant and low-cost energy
The City of Redding has reliable power with tailored energy management programs.
Professional project assistance
The City of Redding and the Shasta EDC offer professional development assistance from start to finish.
Competitive operating costs
Stillwater Business Park provides a cost-effective solution to other areas of California. When compared with Los Angeles, California, Stillwater Business Park is significantly lower in operating costs.
| Operating Cost Comparison - Advanced Manufacturing | ||||||
|
Metro Area |
Employee Payroll |
Fringe & Mandated Benefits |
Utilities |
Building / Lease Payments |
Property Tax |
Total Operating Costs |
|
Redding |
$5,129,682 |
$1,522,781 |
$226,210 |
$1,432,097 |
$363,910 |
$8,674,681 |
|
Reno |
$5,420,170 |
$1,558,216 |
$213,898 |
$1,360,914 |
$405,732 |
$8,958,930 |
|
Stockton |
$5,432,890 |
$1,610,506 |
$272,965 |
$1,520,555 |
$357,195 |
$9,194,111 |
|
Sacramento |
$5,641,728 |
$1,671,067 |
$178,571 |
$1,621,340 |
$375,032 |
$9,487,739 |
|
San Diego |
$5,536,488 |
$1,640,221 |
$296,315 |
$2,430,905 |
$454,913 |
$10,358,843 |
|
San Jose |
$6,306,416 |
$1,863,410 |
$285,528 |
$2,456,759 |
$490,824 |
$11,402,937 |
|
Anaheim |
$5,816,976 |
$1,721,388 |
$275,549 |
$3,286,420 |
$531,628 |
$11,631,960 |
|
Los Angeles |
$5,841,884 |
$1,728,636 |
$284,851 |
$4,054,597 |
$649,209 |
$12,559,177 |
Source: MetroComp, 2008
The annual estimated business operating costs table summarizes the annual cost of labor, utilities and facilities for selected metropolitan areas.
PROJECT PRO-FORMA INPUT TO CALCULATE ANNUAL OPERATING COST FOR
ADVANCED MANUFACTURING
Assumptions:
Construct new industrial building, 120,000 sf, 20 ac
Capital Investment: Machinery and Equipment: $20,000,000
Monthly Utility Use: Electricity Demand/Usage: 500KW, 150,000KWh, Water Usage: 50,000cf, 2 meter, Wastewater Usage: 50,000cf, 2 meter, Natural Gas Usage: None
Workforce: 150 consisting of Assembler 54, Machine Tool Operator 40, Machinist 12, Sales Representative (non-scientific) 10, Machine/Maintenance Mechanic 8, Office Manager 6, Shipping Clerk 6, Mechanical Engineer 4, Secretary 4, Production Supervisor 4, Accountant 2
The Annual Business Operating Cost Pro-forma has been prepared using assumptions based on other similar business operations. The Pro-Forma information contains all the basic data used in the operating cost calculation.
| Shasta County Advanced Manufacturers | ||
| Business | City | Product |
| American Water Technology | Redding | mfg water treatment systems |
| Captive Aire | Redding | mfg commercial kitchen ventilation systems |
| Knauf Insulation | Shasta Lake | mfg insulation |
| Miniature Precision | Redding | mfg parts for telecommunications |
| Op-Test | Redding | mfg production and engineering test systems for photonic semiconductor devices |
| Seco Manufacturing Co Inc | Redding | mfg surveying and global positioning equipment accessories |
| Site Manufacturing | Redding | mfg composite paint gun barrels |
| Voorwood | Anderson | mfg machinery for wood products industry |
| Wesflex | Shasta Lake | mfg polyethylene pipe and conduit |
