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Threaded Fasteners acquires 14.5 acres for $1.7M expansion

Posted by Ron Sivak | Dec 30, 2020 | The Real Deal, by Ron Sivak | 0 |

Earlier this month, officials at local manufacturer Threaded Fasteners reported another expansion for their rapidly growing, 41-year-old Mobile-based facilities.

The media release comes out on the heels of the completed buildout for a new galvanizing plant whose groundbreaking was announced a little over 18 months ago. Some 14.5 acres of new property was acquired at a site situated next to its current production center found at 2650 Schillinger Road North in Semmes.

Expectations are to construct a 30,000-square-foot property that will house specialized equipment, bringing the total site investment in the West Mobile facility to $1.7 million. New jobs will also be created with the staffing of 15 more employees on site upon completion of buildout.

The new facility’s function is focused on assembling, packaging and fabricating the company’s large anchor bolts, which range from a relatively common two-foot diameter product to cartoonishly large industrial implements topping out at 20 feet in size. Designed for a niche market, the bolts are used by utility and construction companies to anchor highway directional signs, cell phone towers and commercial buildings.

The driver behind the company’s latest expansion is reportedly a direct response to the uptick in redevelopment construction work seen from an exceptionally active hurricane season seen this year.

Billy Duren, Threaded Fastener president, said the continuous expansions and investments are also part of their “Envision 2030” plan — a long-term company growth goal written in 2016.

“It is a roadmap for not only where we wanted to go, but who we wanted to be as a company,” Duren said. “We knew that expanding our manufacturing capabilities in large scale production was the clear next step.”

Outside of Mobile County, Threaded Fasteners has seven other U.S. offices in Mississippi, Florida, Oklahoma and Tennessee. Founded in 1979 and originally based in downtown Mobile, Threaded Fasteners currently has 185 people on payroll across all offices, with 111 working locally throughout Mobile County. 

 


BUSINESS MOVES, TRANSACTIONS

The Alibi, a female-owned barbershop, is leasing 2,944 square feet of hair-cutting space in Music Plaza, Suite G, located at 3656 Government Boulevard in West Mobile. The store is expected to open sometime during Spring 2020.

Timothy Mills with The Cummings Company represented the tenant in the transaction. Angie McArthur with Stirling Properties worked for the landlord.

LifeSouth Community Blood Centers has reported placing a pop-up facility, covering some 1,400 square feet of retail space, inside Foley Plaza at 2159 South McKenzie Street, Suite H, in Foley. Angie McArthur with Stirling Properties managed the transaction.

Local investors have purchased a 2.64-acre industrial located lot on Cypress Business Park Drive in Mobile for $242,500. John Peebles and William Peebles of NAI Mobile handled the transaction. Development and buildout plans anticipated for the property were unknown as of press time.

 


AM/NS CALVERT DONATES $20K TO UNITED WAY

Earlier this month AM/NS Calvert donated $20,000 to the United Way of Southwest Alabama (UWSWA) to provide grants to partner agencies in the region. AM/NS Calvert employees were unable to have their traditional holiday gathering due to COVID-19 and decided to use that allotment of money to give back to the community.

Partner agencies applied to receive funding for the holidays in such areas as food, utility assistance, rent/mortgage assistance and/or gifts. The UWSWA Allocation Committee met in mid-December to discuss and distribute the money requested. Eight agencies were awarded funds.

“We are grateful for the AM/NS Calvert’s generosity,” UWSWA Vice-President of Community Impact Trista Stout-Walker said. “Their donation enabled eight partner agencies to provide additional support and ensuring essential services are available in our community.”

 The funded agencies included Child Day Care Association, Goodwill of the Gulf Coast, Dumas Wesley Community Center, Southwest Alabama RSVP (Thomasville), Family Promise of Coastal Alabama, The Arc of Southwest Alabama (Chatom), United Cerebral Palsy Mobile and Via Health, Fitness & Enrichment Center.

“In the spirit of holiday giving, the AM/NS Calvert team decided to forgo annual holiday parties funded by the company and donate on behalf of our team members to United Way,” AM/NS Calvert Communications & Corporate Responsibility Manager Brooke Dolbare said.

“This year especially, we wanted to take a different approach. We recognize that individuals in our community have felt the impacts of 2020 more significantly than others. We appreciate the United Way team, quickly creating a path for their partner agencies to apply for the funds and distribute them to meet our community’s needs.”

 


BATTLE HOUSE SELECTED BEST HISTORIC HOTEL

Last week, Historic Hotels of America named the Battle House as the Best Historic Hotel in its category (201-400 rooms). Located in downtown Mobile, the Battle House Hotel & Spa has welcomed guests since its opening in 1852.

“This is a great honor for the city of Mobile and the state of Alabama,” Battle House General Manager Margo Gilbert said. “Our hotel blends the best in historic architecture and exceptional service. The Retirement Systems of Alabama and Dr. David G. Bronner brought the Battle House back to life in 2007 after a massive restoration, and this award acknowledges the effort put in by our team during an unprecedented year.”

Other noteworthy finalists in the category for the award included: The Willard InterContinental (1818), Washington, D.C.; The Candler Hotel Atlanta, Curio Collection by Hilton (1904), Atlanta; Francis Marion Hotel (1924), Charleston, S.C.; Mauna Kea Beach Hotel (1965), Kohala Coast, Hawaii.

This is the second year in a row a hotel or resort along Mobile Bay has been honored with a national award from Historic Hotels of America. The Grand Hotel Golf Resort & Spa in Point Clear was named Historic Hotel of the Year (over 400 guest rooms) in 2019. 

“The Retirement Systems of Alabama, the hotel’s general manager, Margo Gilbert, and her team have made visionary changes to the hotel while connecting travelers with the stories of the hotel’s past,” David Clark, president of Visit Mobile, said in a prepared statement.

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About The Author

Ron Sivak

Ron Sivak

Ron Sivak has been the full-time business writer for Lagniappe Weekly since 2012. To date, Sivak handles all relevant local area business and real estate happenings in the Mobile and Baldwin County markets — both large and small — with a focus on job growth, new business development and commercial real estate news. Sivak is also the host of Lagniappe’s “Real Deal with Ron Sivak” business podcast — a local production rolled out in June 2016 in partnership with Deep Fried Studios. The show takes a hard look at significant hyperlocal happenings impacting the South Alabama region. The Real Deal podcast is currently available for download on Apple iTunes, Libsyn, SoundCloud, Player FM and Stitcher Radio, among others. Sivak is an active member of SABEW: Society of American Business Editors and Writers and participates in workshops at SABEW’s national conference annually. His background is deeply entrenched in business, with 18 years of experience in the Business Process Outsourcing (BPO) arena and a background of working for Fortune 500 companies in San Francisco, Atlanta and New Orleans. He is also a University of South Alabama graduate with a B.S. dual degree in Finance and Human Resource Management. Sivak is also the owner of CHS Consulting, a BPO small business services firm and can be reached at business@lagniappemobile.com

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