green space what’s waiting here for you?...what’s waiting here for you? harmonized sales tax...

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Green space For local entrepreneurs and outside companies, Greater Moncton is quickly becoming known as a go-to location for successful businesses D avid Lothian had a problem that most business owners would love to have: his New Brunswick division of Nova International Ltd. — a Kubota sales, parts and service dealership for excavators, heavy equipment and garden tractors — was so successful that it had outgrown its facility. Faced with a choice between stifling growth or giving his company the space it needed to capitalize on that momentum, he opted for the only real choice he had: move. That’s when his problems started. “It was a very frustrating two years,” says Lothian. “I had my customers’ needs top of mind when I was scouting for a new location, and it was clear that access and convenience were a priority. Land is a scarce commodity. I looked and looked, but I couldn’t find the space I needed.” Until, that is, he spoke to Pierre Dupuis, general manager of Moncton Industrial Development (MID). Pierre helped David find the perfect four-acre full-service building lot adjacent to the Trans-Canada Highway. “It has everything I was looking for — easy access, amazing visibility and the demographics are ideal. Moncton is one of the few shining lights in a dim regional economy,” says Lothian. “Moving to this business park will put us right where we need to be: in the middle of our target market.” As much as the new site is ideal for Lothian’s business, so too is Lothian the ideal client. This innovative commercial area, which opens next year, is specifically designed to meet the needs of consumer-oriented and business-to-business operations. With approximately 50 acres to be developed in Phase I, this business park represents an opportunity for smaller companies (as opposed to big box stores or large industrial clients) to custom-build on easy- to-develop lots. Moncton Industrial’s Pierre Dupuis says being able to provide business owners with room to grow makes his role both professionally and economically satisfying. “For the past half-dozen years, interest in the city’s industrial parks has surpassed expectations. We’re not just hitting our targets, we’re surpassing them.” At present, approximately 350 Why business loves Moncton: Harmonized Sales Tax (HST), means full input tax credits on business purchase Among the lowest Workers Compensation rates in Canada No payroll tax as well as no business improvement tax No business occupancy tax Competitive personal tax rates Caledonia MIP MIP West 10 Atlantic Business Magazine | January/February 2017 SPONSORED CONTENT

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Page 1: Green space What’s waiting here for you?...What’s waiting here for you? Harmonized Sales Tax (HST), means full input tax credits on business purchase Among the lowest Workers Compensation

$50,000

to $140,000 per acre

Green spaceFor local entrepreneurs and outside companies, Greater Moncton is quickly becoming known as a go-to location for successful businesses

David Lothian had a problem that most business owners would love to have: his

New Brunswick division of Nova International Ltd. — a Kubota sales, parts and service dealership for excavators, heavy equipment and garden tractors — was so successful that it had outgrown its facility. Faced with a choice between stifling growth or giving his company the space it needed to capitalize on that momentum, he opted for the only real choice he had: move. That’s when his problems started.

“It was a very frustrating two years,” says Lothian. “I had my customers’ needs top of mind when I was scouting for a new location, and it was clear that access and convenience were a priority. Land is a scarce

commodity. I looked and looked, but I couldn’t find the space I needed.”

Until, that is, he spoke to Pierre Dupuis, general manager of Moncton Industrial Development (MID). Pierre helped David find the perfect four-acre full-service building lot adjacent to the Trans-Canada Highway. “It has everything I was looking for — easy access, amazing visibility and the demographics are ideal. Moncton is one of the few shining lights in a dim regional economy,” says Lothian. “Moving to this business park will put us right where we need to be: in the middle of our target market.”

As much as the new site is ideal for Lothian’s business, so too is Lothian the ideal client. This innovative commercial

area, which opens next year, is specifically designed to meet the needs of consumer-oriented and business-to-business operations. With approximately 50 acres to be developed in Phase I, this business park represents an opportunity for smaller companies (as opposed to big box stores or large industrial clients) to custom-build on easy-to-develop lots.

Moncton Industrial’s Pierre Dupuis says being able to provide business owners with room to grow makes his role both professionally and economically satisfying. “For the past half-dozen years, interest in the city’s industrial parks has surpassed expectations. We’re not just hitting our targets, we’re surpassing them.”

At present, approximately 350

companies employing 8,000 people are located in one of MID’s three industrial parks. In addition to the new and as-yet unnamed park where Nova International is headed, MID also manages Caledonia Industrial Estates, Moncton Industrial Park West and the original Moncton Industrial Park.Just north of Moncton and

across the Highway from its sister parks, Caledonia Industrial Estates has approximately 220 of its total 1,600 acres still available for development. Lot sizes typically range from two to 17 acres, though adjacent lots can be combined to accommodate larger projects. Some of the business operations that currently call Caledonia home include Loblaw Atlantic’s 185,000 sq.

ft. freezer distribution centre, Kent Building Supplies’ 400,000 sq. ft. distribution centre and a 230,000 sq. ft. Shoppers Drug Mart distribution centre. Although it’s zoned as Industrial Park and Heavy Industrial, Caledonia is not without green space; employees of the park frequently enjoy the walking trail alongside Humphrey’s Brook, which runs through the park.

While the original development — Moncton Industrial Park — is fully developed, Pierre Dupuis and his team can help prospective tenants by connecting them to real estate agents, landlords and brokers who might have space for lease. “Our bottom line is that we want to help you set up your operation in Moncton. It’s good for our area and ultimately very

good for your business.” “Moncton,” explains Dupuis, “is

consistently ranked by KPMG as one of the top cities in Canada for business operations. We know that business owners — particularly in this economic climate — are looking for increased efficiencies that can reduce their operating costs. Locating in Moncton can help you achieve that.”

For his part, David Lothian says he can’t wait to break ground on his new property in Spring 2017. “With this location, the proximity to our client base and a facility that’s custom-designed to meet our clients’ needs, I don’t see why we can’t grow our business by at least 20 and maybe even 40 per cent.” Making him, once again, an object of entrepreneurial envy.

For more information: Moncton Industrial Development | Tel: 506-857-0700 | www.moncton4business.com

Why business loves Moncton:

David Lothian, vice president, Nova International Ltd.

What’s waiting here for you?

Harmonized Sales Tax (HST), means full input tax credits on business purchase

Among the lowest Workers Compensation rates in Canada

No payroll tax as well as no business improvement tax

No business occupancy tax

Competitive personal tax rates

Lot prices range from

Direct rail access

Four kilometres from the airport

Just a few hours drive from major ports (Saint John and Halifax)

Fully-serviced building lots

Easily-developed topography (no blasting required)

Highway access allows delivery drivers to avoid city slow-downs

1.3 million potential customers within a 2.5 hour drive

Close proximity to most eastern Canadian and American markets

Bilingual, well-educated workforce

Caledonia

MIP

MIP West

10 Atlantic Business Magazine | January/February 2017 SPONSORED CONTENT

Page 2: Green space What’s waiting here for you?...What’s waiting here for you? Harmonized Sales Tax (HST), means full input tax credits on business purchase Among the lowest Workers Compensation

$50,000

to $140,000 per acre

Green spaceFor local entrepreneurs and outside companies, Greater Moncton is quickly becoming known as a go-to location for successful businesses

David Lothian had a problem that most business owners would love to have: his

New Brunswick division of Nova International Ltd. — a Kubota sales, parts and service dealership for excavators, heavy equipment and garden tractors — was so successful that it had outgrown its facility. Faced with a choice between stifling growth or giving his company the space it needed to capitalize on that momentum, he opted for the only real choice he had: move. That’s when his problems started.

“It was a very frustrating two years,” says Lothian. “I had my customers’ needs top of mind when I was scouting for a new location, and it was clear that access and convenience were a priority. Land is a scarce

commodity. I looked and looked, but I couldn’t find the space I needed.”

Until, that is, he spoke to Pierre Dupuis, general manager of Moncton Industrial Development (MID). Pierre helped David find the perfect four-acre full-service building lot adjacent to the Trans-Canada Highway. “It has everything I was looking for — easy access, amazing visibility and the demographics are ideal. Moncton is one of the few shining lights in a dim regional economy,” says Lothian. “Moving to this business park will put us right where we need to be: in the middle of our target market.”

As much as the new site is ideal for Lothian’s business, so too is Lothian the ideal client. This innovative commercial

area, which opens next year, is specifically designed to meet the needs of consumer-oriented and business-to-business operations. With approximately 50 acres to be developed in Phase I, this business park represents an opportunity for smaller companies (as opposed to big box stores or large industrial clients) to custom-build on easy-to-develop lots.

Moncton Industrial’s Pierre Dupuis says being able to provide business owners with room to grow makes his role both professionally and economically satisfying. “For the past half-dozen years, interest in the city’s industrial parks has surpassed expectations. We’re not just hitting our targets, we’re surpassing them.”

At present, approximately 350

companies employing 8,000 people are located in one of MID’s three industrial parks. In addition to the new and as-yet unnamed park where Nova International is headed, MID also manages Caledonia Industrial Estates, Moncton Industrial Park West and the original Moncton Industrial Park.Just north of Moncton and

across the Highway from its sister parks, Caledonia Industrial Estates has approximately 220 of its total 1,600 acres still available for development. Lot sizes typically range from two to 17 acres, though adjacent lots can be combined to accommodate larger projects. Some of the business operations that currently call Caledonia home include Loblaw Atlantic’s 185,000 sq.

ft. freezer distribution centre, Kent Building Supplies’ 400,000 sq. ft. distribution centre and a 230,000 sq. ft. Shoppers Drug Mart distribution centre. Although it’s zoned as Industrial Park and Heavy Industrial, Caledonia is not without green space; employees of the park frequently enjoy the walking trail alongside Humphrey’s Brook, which runs through the park.

While the original development — Moncton Industrial Park — is fully developed, Pierre Dupuis and his team can help prospective tenants by connecting them to real estate agents, landlords and brokers who might have space for lease. “Our bottom line is that we want to help you set up your operation in Moncton. It’s good for our area and ultimately very

good for your business.” “Moncton,” explains Dupuis, “is

consistently ranked by KPMG as one of the top cities in Canada for business operations. We know that business owners — particularly in this economic climate — are looking for increased efficiencies that can reduce their operating costs. Locating in Moncton can help you achieve that.”

For his part, David Lothian says he can’t wait to break ground on his new property in Spring 2017. “With this location, the proximity to our client base and a facility that’s custom-designed to meet our clients’ needs, I don’t see why we can’t grow our business by at least 20 and maybe even 40 per cent.” Making him, once again, an object of entrepreneurial envy.

For more information: Moncton Industrial Development | Tel: 506-857-0700 | www.moncton4business.com

“Why am I moving to Moncton? Logistically and geographically, it just makes sense.”

“Why am I moving

geographically, it just makes sense.”

Why business loves Moncton:

David Lothian, vice president, Nova International Ltd.

What’s waiting here for you?

Harmonized Sales Tax (HST), means full input tax credits on business purchase

Among the lowest Workers Compensation rates in Canada

No payroll tax as well as no business improvement tax

No business occupancy tax

Competitive personal tax rates

Lot prices range from

Direct rail access

Four kilometres from the airport

Just a few hours drive from major ports (Saint John and Halifax)

Fully-serviced building lots

Easily-developed topography (no blasting required)

Highway access allows delivery drivers to avoid city slow-downs

1.3 million potential customers within a 2.5 hour drive

Close proximity to most eastern Canadian and American markets

Bilingual, well-educated workforce

Caledonia

MIP

MIP West

11atlanticbusinessmagazine.com | Atlantic Business Magazine

EXECUTIVE SUMMARY

SPONSORED CONTENT