Loren Data Corp.

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COMMERCE BUSINESS DAILY ISSUE OF JANUARY 6,1997 PSA#1755

THE UNITED STATES DEPARTMENT OF ENERGY (DOE), OAK RIDGE OPERATIONS K-25 SITE REINDUSTRIALIZATION INITIATIVE Is offering a unique opportunity for industry to establish new manufacturing facilities, warehousing and distribution centers for high technology products and services. Over the past 50 years, the DOE's Oak Ridge Operations have served the Nation's national security needs by maintaining a vital role in supporting nuclear weapons programs and supplying enriched uranium for the free world's nuclear power industry. The site covers more than 1,700 acres with 125 buildings offering pristine manufacturing and research facilities. Industrial firms may be interested in exploring the possibility of leasing spaces and facilities to set up manufacturing operations, instrumentation, controls, or fabrication of structural components utilizing advanced metal, ceramic or composite materials technology. Labor supply is excellent in the Knoxville/Oak Ridge area with well trained craftsmen, professional engineers, scientists, and researchers specifically experienced with the equipment and facilities at the K-25 and Y-12 sites. The "Center for Manufacturing Technologies" features unique facilities capable of performing advanced research and development of new manufacturing processes including high precision machinery, advanced numerical control machining, and a NIST certified standards lab. Nearby Oak Ridge National Laboratory (ORNL) employs some 6,000 people with expertise in all basic sciences including chemistry, metals, ceramics, and composites. The Oak Ridge and greater Knoxville region offers a splendid educational system of Universities and Technical Training Centers. There is an abundance of economical electric power along with excellent transportation facilities which include: (1) McGhee Tyson Airport in Knoxville, just 30 minutes from Oak Ridge; (2) Interstate highways I-75 and I-40 which provide easy road access; (3) navigable waterways created by TVA which provides access to the Gulf of Mexico; (4) railroad services by major carriers CSX and Norfolk Southern, and (5) a multi-modal industrial transportation center which includes rail, truck, or barge at the K-25 site. The State of Tennessee and city of Oak Ridge provides special tax incentives such as no personal income tax on wages; no sales tax on manufacturing equipment; no sales tax on pollution control equipment or raw materials; no property tax on works in progress or finished product inventories; and investment tax credit of 1 per cent; accelerated depreciation on personal property; training grants up to $750,000.00; and warehousing and distribution tax reduction. The Department of Energy is offering extraordinary lease arrangements to industrial firms interested in this Reindustrialization Initiative. Sources interested in learning more about this opportunity are requested to contact Mr. Kenneth B. Hinerman at (301) 590-0927 or FAX (301) 977-6971.

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