Baker Tilly was engaged in a Michigan project to collect and analyze data in order to determine production facility location and negotiate credit and incentive support.
Three separate $1.0B food and beverage entities forming a joint-venture (JV), including one global multi-national nutritionals company whose parent group operates in 34 countries.
The client needed to address the production capacity shortfall each company was experiencing due to raw material supply and customer demand year over year growth, by partnering on the planning and construction of the largest processing facility of its kind in North America.
Baker Tilly was engaged to collect and analyze highly sensitive supplier and customer data from all three JV partners, lead site suitability analysis to determine the Greenfield production facility preferred location, and negotiate and procure credit and incentive project support valued at over $10M.
The approach included the following steps:
After an 18-month start to finish effort, agreement by the JV on construction of a $500M production facility meeting the needs of all parties, and schedule to be operational in the fall of 2020.
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