FORMER BUSH FURNITURE INDUSTRIES

284,406 Square Feet on 14.07 Acres St. Paul, Virginia

FORMER BUSH FURNITURE INDUSTRIES ONE FOURNIER PLACE

ST PAUL, VA 24283 SIZE: Approximately 284,406 sq. ft. GROUND: Approximately 14.07 acres NUMBER OF BUILDINGS: One, modern single story industrial facility DIMENSIONS: varies- see drawing DATE OF CONSTRUCTION: 1989 and 1993 CONDITION OF PROPERTY: Excellent CONSTRUCTION: Floors: 6" reinforced concrete with 6x6 –

10/10 WWM over vapor barrier on 4” stone

Columns: Steel Walls: Insulated pre-engineered metal with 8’

interior painted plywood liner panel Roof: Insulated standing seam metal COLUMN SPACING: 26’ X 75’ in original section

26’ length in addition and width varies from 58’ to 65’see drawing

CEILING HEIGHT: 24’ - 30’ clear in original section 25’ - 30’ clear in the addition clear below the bottom of the bar joist LIGHTING: Metal halide plus opaque strip along the top of the

perimeter in the addition perimeter security lighting

FORMER BUSH FURNITURE INDUSTRIES ST PAUL, VA 24283 PAGE TWO WATER: Supplied by Town of St. Paul 6” main SEWER: Supplied by Town of St. Paul 8” main POWER: Supplied by Old Dominion Power Company

- Two 1500 KVA pad mounted transformers - Total of 5000 amp, 480/277 volt, 3 phase, 4

wire interior switchgear GAS: Onsite 10,000 gallon propane tank. Possible

natural gas extension available from Virigina Gas Distribution Company

HVAC: Supplied by suspended propane fired blowers and

some radiant heat. Plant area is ventilated by wall fans and louvers. Office areas are air conditioned and heated.

SPRINKLER: 100% wet system- density is .21/1020 in original

section and .20/3000 in addition COMPRESSED AIR: Compressors removed- air lines throughout

manufacturing area

FORMER BUSH FURNITURE INDUSTRIES ST PAUL, VA 24283 PAGE THREE RESTROOMS: Office:

Men – 4 toilets, 3 urinals, 5 sinks Women – 5 toilets, 5 sinks Plant: Men – 5 toilets, 3 urinals, 6 sinks Woman – 5 toilets, 6 sinks Private restroom – 1 toilet and 1 sink

OFFICE: 6,250 sq. ft. of attached office including reception

area, private offices, open administrative area and restrooms. Finish consists of carpeted floor, finished sheetrock walls, suspended acoustical ceiling and recessed fluorescent lighting. Additional restrooms break rooms and production offices located in the manufacturing area

TRUCK LOADING: - 15 – 8 ’ X 8’ manual dock high loading doors

with levelers, lights and seals - 2 - 14’ X 14’ manual dock high loading doors

with levelers - 1 - 14’ X 14’ manual drive in door

- 2 - 14’ X 14’ floor level doors access exterior rail platform

- 1 - 12’ X 14’ floor level door accesses exterior rail platform which is also served by an edge of dock leveler

- 2 - 14’ X 16’ high electric drive in doors PARKING: Paved and marked spaces for approximately 256

vehicles. FORMER USE: Wood office furniture manufacturing

FORMER BUSH FURNITURE INDUSTRIES ST PAUL, VA 24283 PAGE FOUR TAXES: 2013 Assessed Value (next assessment 2019) Improvements: $3,956,700 Land: $ 259,400 Total: $4,216,100 Note: the land value above includes the 1.06 acre

portion of the property that is taxed by Wise County. 2017 Wise County tax bill is $385. 2017 Russell County tax bill is $26,157

RAIL: Active spur which can be served by either Norfolk

Southern or CSX. TRANSPORTATION: Facility is located adjacent to four-lane US Highway

58, approximately 30 miles west of I-81 at Abington, VA

MISCELLANEOUS: Improvements are totally fenced

Why St. Paul?

• Available low‐cost, technology trained and trainable labor

• Low taxes, pro‐business environment• Low power rates• Safe and secure location• Existing industry success• State‐of‐the‐art infrastructure• Exceptional quality of life• Economic development incentives

Central East Coast Location

• Fourteen state capitals                                         are within a 500‐mile                                           radius of the region

• Geographic center of

east coast

• Within a day’s drive

of ½ the US population

���

ST PAUL

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58

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460

460

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221

4 Year Colleges and Universities

1. UVA at Wise

2. Bluefield College 

3. Appalachian School of Law

4. Southwest Higher Ed Center

5. Virginia Intermont College 

6. Emory & Henry College

7. King College

8. East Tennessee State 

University

9. Pikeville  College

10. Lincoln Memorial College

11. Radford University 

12. Virginia Polytechnic Institute 

13. Concord University

14. Alice Lloyd College

2 Year Community Colleges

1. Southwest Virginia Community College

2. Mountain Empire Community College

3. Virginia Highlands Community College

4. Wytheville Community College

5. Northeast State Technical Community College 

6. New River Community College

HIGHER EDUCATION OPPORTUNITIES

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23

58

58

58

19

460

460

21

11

221

4 Year Colleges and Universities

1. UVA at Wise

2. Bluefield College 

3. Appalachian School of Law

4. Appalachian College of Pharmacy

5. Southwest Higher Ed Center

6. Virginia Intermont College 

7. Emory & Henry College

8. King College

9. East Tennessee State 

University

10. Pikeville  College

11. Lincoln Memorial College

12. Radford University 

13. Virginia Polytechnic Institute 

14. Concord University

15. Alice Lloyd College

2 Year Community Colleges

1. Southwest Virginia Community College

2. Mountain Empire Community College

3. Virginia Highlands Community College

4. Wytheville Community College

5. Northeast State Technical Community College 

6. New River Community College

HIGHER EDUCATION OPPORTUNITIES

Manufacturing Training Programs

• Secondary Education

– Career/Technical Schools

• Community Colleges

– Specialized Degrees & Programs

(Manufacturing/Industrial Technology)

– Customized Training/Flexibility

– CAD Labs and CNC Machining

• Virginia Workforce Services

– Pre‐employment Assessment

– On‐the‐Job Training

– Recruitment assistance

TRANSPORTATIONTransportation Access

e‐Region Incentives

• VCEDA – low interest loans and grants• Tobacco Commission – grants• Governor’s Opportunity Fund – grants• Enterprise Zones and Technology Zones• Workforce training grants and assistance• Major business facility job tax credits• Low tax rates• Customized incentive proposals• Note:  Incentives are subject to and based upon eligibility, location, due diligence, funds 

availability, program requirements, and various board approvals