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Faddis Concrete Products looking to expand in Industrial Park

Faddis Concrete Products looking to expand in Industrial Park

Faddis Concrete Products is planning to expand its operations located in the King George Industrial Park. That’s the news from last week’s meeting of the King George Economic Development Authority (EDA) on May 2.

The plan to enlarge operations by Faddis was disclosed following a closed session by the EDA to discuss “the expansion of an existing business or industry where no previous announcement has been made of the business’ or industry’s interest in expanding its facilities in the community.”

With six of the seven members present, the EDA took unanimous action to authorize County Economic Development Director Nicole Thompson to consult with the EDA’s attorney, Jeff Gore, regarding an option to purchase Lot 15 in the industrial park with Faddis Concrete Products.

The county’s industrial park comes under the purview of the EDA, which is the approval authority for sales of county-owned lots in the industrial park. The park is located in the western section of King George, north of Route 3 (Kings Hwy).

Lot 15 is a 5.1-acre parcel located immediately adjacent to the existing concrete plant. The price of land has been fluctuating since the beginning of the recession in 2008, when prices had reached a high, and then started plummeting.

The EDA, with endorsement by KG Supervisors, had subsequently taken action to repurchase some of the undeveloped lots that had been sold during the preceding boom.

Thompson has said that she has had an increase in potential prospects for lot purchases in the last few months. Thompson told The Journal, “We are very excited at this potential expansion in King George and look forward to working with them.”

FADDIS CONCRETE PRODUCTS
Faddis began its operations in King George last year after purchasing the land, building and machinery formerly occupied by Mid-Atlantic Precast for about $2.5 million in April 2012.

Faddis has been in business for over 50 years, with its corporate headquarters and four other concrete precast plants located in Pennsylvania.

In addition to EcoSpan arch bridges and AcoustaCrete noise barrier panels, lagging and retaining wall panels, Faddis also offers solar PV (photovoltaics) ballasts and cast stone architectural elements, as well as low-weight aluminum and clear acrylic noise barriers.

Faddis, certified by the National Precast Concrete Association, supplies its products for trans-portation projects, industrial app-lications, homeland security and architectural clients.

EDA
The members of the EDA are Chairman Glen Moore, Tony Zilic, Rick Ballenger, Monika Philbrick, Jean Fraysse, Dreda Newman and Ike Hughes. Hughes was absent from the May 2 meeting.

The EDA will be co-hosting, with the KG County Board of Supervisors, its annual business appreciation event next week on May 15 for businesses located in the county.

The Board of Supervisors is slated to approve a resolution at its meeting this week on May 7 (following our press time), to adopt next week, May 13-17, as “Business Appreciation Week” in King George.

NEW ECONOMIC DEVELOPMENT WEBSITE      
Earlier this year, Thompson launched a new website for the KG County Economic Development Department. The new website can be accessed online from the county’s existing website, or directly at
http://www.yeskinggeorge.com/.

The website is designed to catch the attention primarily of site consultants hired to locate sites for businesses looking to relocate or open a new branch for their firms. It highlights the county’s location in the mid-Atlantic region, and its 60-minute reach to/from both Washington, DC and Richmond.

It also touts the county’s industrial park with its rail access, along with its diverse and accomplished workforce, affordable land prices and natural beauty.

The website’s pages contain information about the county and its industrial park, along with maps, county demographic information, local government contacts and other resources.

Phyllis Cook

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