The CFO reached out to GSLI’s Project Director, Brooke Edwards, to discuss his need for a new facility located in Texas because of his desire to be closer to Western U.S. customers. The CFO is open to reviewing locations throughout the state, and he is not set on one market versus another. He is needing an existing 25,000-50,000 sq ft facility, but if he can get his hands on 20 acres (for a cheap price), he will want to build another facility on the same parcel of land. He expressed the desire for a "much larger manufacturing location" in the next 2 years.
He expects to create 50 jobs year 1, 100 year 2 and 150 by year 3.
This is a very labor-intensive operation and it will have 2-3 shifts.
Operators 40-60 positions 15 – 18/hr
Supervisors 5-15 positions 18 – 26/hr
Technical roles 5-15 positions 20 – 30/hr
Managers 2-6 positions 80K – 200K/yr
-water usage is not used in their process. Water will be used for bathrooms.
-It is not an electricity-intensive process, so he is not sure what their utilities will be.
-No natural gas is utilized.
**Raw/Finished Goods Inventory:**
10-30% of our Finished Goods Inventory will stay on-site for more than 30 days and between 0% of our incoming material will stay on-site for more than 30 days
This is not an infrastructure-heavy operation, so he can be up and running within 6-8 weeks (we expect site selection to take 3-6 months).
Real property: $2-5 Million (real estate)
Tangible property: $500,000-1M (equipment)