Baker Tilly leads site selection and incentive strategy for SeAH’s $110M Texas facility
Baker Tilly helped SeAH identify the optimal site and secure key incentives for its $110M Texas facility, enabling strategic expansion and long-term success.
Client need
SeAH Changwon Integrated Special Steel (SeAH CSS) and SeAH Besteel Holdings, the parent company of SeAH CSS, an international leader in specialty steel products for several business sectors, turned to Baker Tilly for guidance in choosing the ideal location for its new business, SeAH Superalloy Technologies, focusing on the aerospace, defense and space business sectors. Their ambitious project — valued at over $110 million — aimed to create more than 100 full-time jobs. Crucial considerations included close access to seaports for raw material supply, robust gas and electricity infrastructure, and a readily available pool of skilled labor. The client also required precise, location-specific operating costs to shape business models and assess the project’s overall viability.
Baker Tilly’s solutions
The Baker Tilly site selection and location strategy team partnered closely with SeAH to define and prioritize essential site criteria. Through a rigorous evaluation process, the team reviewed over 60 sites across 11 states, ultimately narrowing the field to three top contenders. Due diligence went beyond the basics — working directly with site developers, state and local economic development organizations and utility providers to confirm that each shortlisted location could deliver the necessary resources and meet construction timelines.
Results
Baker Tilly’s comprehensive approach enabled the SeAH to confidently select a preferred site in Temple, Texas. The team also managed the process for procuring relevant state and local incentives, securing substantial incentives to bolster the project’s success. The selection process, findings and recommendations were summarized in a detailed presentation for the foreign parent company’s leadership, providing clarity and assurance at every stage of this critical decision.
For more information on this topic, or to learn how Baker Tilly site selection and incentives advisory specialists can help you locate and fund your new facility, contact our team.