KINGMAN – The City Council approved a land purchase to Blue Moon Transportation, Inc., in the Kingman Airport & Industrial Park Tuesday after a public auction, in which only the company took part in and won it without competition.
Blue Moon Transportation, a locally owned company, currently provides truck services to American Woodmark and Guardian Fiberglass, both of which have factories inside the Industrial Park.
Eric Wolsey, owner of Blue Moon Transportation, brought the 4-3/4 acres of land along Interstate Way between Laron Engineering and Action Welding for $185,640, the minimum required bidding price.
"The price is very reasonable, and the business environment inside the park is excellent," Wolsey said. Though proximity to the airport and Interstate Highway 40 played a role in the decision, one more important factor for his move into the Industrial Park is that his two major customers have their factories there. "(By) moving there, we can serve them much better," Wolsey said.
The auction documents required the successful bidder to construct at least one building of a minimum of 15,000 square feet for business purposes and employ at least 10 people within 12 months.
Wolsey believed he had no problem meeting those conditions and he would probably do more.
He plans to build 30,000 square feet facilities inside the park, while some additional storage facilities are also under consideration.
In the long term, Wolsey said he plans to build his business into a transportation and storage center that can serve all kinds of customers in the area.
Shortly before Wolsey's purchase, two companies bought two parcels of land in the Industrial Park. Johnson Marble Machinery purchased three acres of land for $117,000, and Star R Foam, Inc., purchased six acres of land at a price of $234,000.
For the Kingman Airport Industrial Park, new tenants' moving in makes the authority several steps closer to realizing their business development blueprint.
"Even though they are just some parcels (of land), it's important to the park's consistent development and diversity strategy," said Bob Riley, director of economic development of the Kingman Airport Authority, Inc., who serves as liaison officer between the Industrial Park and new tenants.
Riley is now in contact with more than 60 companies about the possibility of moving their businesses into the Industrial Park, but he said that he cannot reveal those companies' names due to business negotiations still under way. "Contacts and negotiations are going well, and I'm optimistic about the result," Riley said.
With a little more than 100 acres of the original 1,000 acres in the park still available for purchase, the Airport Authority has begun to work on Phase II, a plan that will have another 1,000 acres of land ready for business use. With the fast expansion of the local and regional economy, Riley hoped the second phase could be finished within 10 years.
The Kingman Airport Industrial Park was officially kicked off 25 years ago, with the purpose of compensating the job loss caused by the closing of Duval Copper Mine, which employed a big portion of the local population.
Right now, there are more than 70 companies and 3.1 million square feet of improved building space in the park.
In terms of employment, the Industrial Park offers one out of every 12 Kingman jobs and one out of every three manufacturing jobs in all of Mohave County.