New business signs lease with GTP
By Turner Walston
Published in News on June 30, 2005 1:45 PM
A company moving in to the Global TransPark could create jobs in the area, officials say.
Representatives of the Global TransPark Authority announced a lease agreement Wednesday with New Breed Inc., an international logistics supply chain management company based in Greensboro.
New Breed has leased all available space in GTP One, a 120,000-square-foot warehousing facility on John Mewborn Road in Kinston.
"Strategically, it was the right location for us," said Joe Hauck, New Breed's director of business development. He said the company had looked at locations such as Atlanta before deciding on Kinston and the Global TransPark.
"We did an investigation of what was available in the region. Timing-wise and location-wise, it turned out to be the right place to be," he said.
Although management personnel will come from other locations, Hauck said the bulk of the employees will come from around the area.
"Initially when we start up an operation like this, we bring in corporate people for training," he said. "We provide a lot of corporate support, but new employees are general, local hires."
Hauck said he does not know how many jobs New Breed would bring to the area. "We haven't been able to identify that yet," he said. "It's influenced quite a bit by how big our distribution would be."
Hauck said the company has a client ready to move into the space. New Breed will lease the space to the client. He said the name of the business would be announced within the next few weeks, when contractual requirements have been completed.
New Breed provides services for governmental and commercial clients and has worked with clients such as Boeing, Verizon Wireless, Siemens Medical Solutions and the U.S. Marine Corps.
Hauck said having the location of the company's international headquarters in Greensboro did not influence the selection of Kinston for the warehousing location. He said a computer model takes into account labor, shipping and transportation costs.
"It becomes a very sophisticated strategic model that takes place. Wherever that points to is where we start our search," Hauck said. "Pretty much it looked and pointed toward that Eastern North Carolina region. The Global TransPark turned out to be an ideal location."
Hauck also said the presence of the military in Eastern North Carolina was also a draw.
Eugene Conti, vice vhairman of the Global TransPark Authority, called the deal the largest lease agreement in the GTP's history.
"This is another small step in what we all hope the Global TransPark will be," Conti said.
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