Determining the Financial Feasibility of a Wood Products Industrial Park

A methodology was developed for determining the economic feasibility of a wood products industrial park. The methodology consists of twelve steps that address the goals of park owners, the feasibility of secondary manufacturing alternatives, the feasibility of the development corporation, and the financial areas needing management attention. Prerequisites to the financial analysis include market and technical analyses. Community impact analysis was also acknowledged as an important component of an overall feasibility analysis. A case study was performed that consisted of an economic feasibility analysis for a wood products industrial park in Southwest Virginia. The case study assumed private ownership and found that the best mix of park tenants included: an edge-glued dimension panel manufacturer, a solid dimension lumber manufacturer, a custom millwork manufacturer, and a pallet manufacturer. Primary manufacturing and marketing services were included in the preferred park formation as subsidiaries of the park development corporation. The park was predicted to have a strong positive impact on the regional economy.

Name thesis:degree_name

Master of Science

Level thesis:degree_level

masters

Discipline thesis:degree_discipline

Forestry

Department dc:contributor.department

Forestry

Grantor dc:publisher

Virginia Tech

Year dc:date.issued

1998

Author dc:creator

• Walters, James T.

Chair dc:contributor.committeechair

• Wisdom, Harold W.

Committee members dc:contributor.committeemember

• Lamb, Fred M.
• Sullivan, Jay

• wood products
• industrial park
• finance
• feasibility study

Statement dc:rights

• In Copyright

Licence dc:rights.uri

• http://rightsstatements.org/vocab/InC/1.0/

Dc Identifier Other

etd-42798-155357

OAI identifier oai:identifier

oai:vtechworks.lib.vt.edu:10919/36703