Gestamp N.A., headquartered in Troy, Michigan, designs, develops, and manufactures metal components, metal stampings and structural systems for BMW, Mercedes, Volkswagen, GM, Ford, Chrysler and other automakers. Gestamp needed to locate an existing facility to establish a new, state of the art, manufacturing & stamping operations.
Due to growth in its stamping business, Gestamp considered facilities in five states. Brian Wahl led the building location search and selection as well as the incentive procurement efforts for Gestamp. Facilities were examined and incentive offers from Ohio, Indiana, Kentucky, Michigan and West Virginia were compared.
Gestamp engaged Brian Wahl of RESOURCE to assist in locating a new Midwestern stamping operation. Brian worked closely with company executives to locate and examine multiple facilities in a five state region. Once viable facilities were located, Brian was able to procure tax credit and incentive offers from each of the finalist locations. Brian then completed a cross state cost comparative analysis to examine all various cost of doing business, including incentives, at the finalist locations. The cross state comparative examination led to additional incentives being provided to narrow cost disparity differentials.
Note: We have several professionals with substantial client transactional experience prior to joining RESOURCE Commercial, which is included above.