2. Thyssenkrupp Steel, located near Calvert, Alabama, will bring an
estimated 7,000 direct and indirect jobs to the region and provide $1.4
Billion Dollars in revenue over a 30-year period to the state of Alabama.
Tensaw Land & Timber Company, Inc.
Inc.
*Source: M. Keivan Deravi. “Executive Summary of Economic Impact and Cost/Benefit Analysis,”
Thyssenkrupp Steel and Stainless Steel USA, LLC Project.” May 22, 2007.
3. Calvert Property Development
“There’s going to be as much development in
this area over the next two years as there has
been in the last 40.”
-- Gov. Bob Riley
ThyssenKrupp Steel:
2700 Direct Jobs
4300 Indirect Jobs
$1.4 Billion
State Revenue
Tensaw Land & Timber Company, Inc.
4. Tensaw Land & Timber Company maintains significant land holdings in the
area with access to rail and all utilities including sewer. Tensaw property is
located on all sides of the entrance to the ThyssenKrupp Steel Facility.
Tensaw Land & Timber Company, Inc.
Inc.
5. Calvert Property Development
Tensaw Land &
Rail
Timber Properties:
ThyssenKrupp
Near TK Entrance
Entrance All Utilities
Including Sewer
Rail Access
Rail
Tensaw Land & Timber Company, Inc.
6. Tensaw Land & Timber Company seeks to develop its property near
Calvert and spur economic development in the region.
Tensaw Land & Timber Company, Inc.
Inc.
7. Calvert Property Development
Calvert
North
TK Entrance
Tensaw Land &
Redfox
Development Timber Company:
Calvert
ThyssenKrupp
Entrance
Develop Properties
South
Spur Economic
Growth
Calvert
West
Hwy. 43 East
Park
Calvert
Subdivision
Business
Calvert
Park
Business
Park
Tensaw Land & Timber Company, Inc.
8. Problem: ALDOT requires developers pay for cost prohibitive road
enhancements along Highway 43, inhibiting growth in the region.
Tensaw Land & Timber Company, Inc.
Inc.
9. Calvert Property Development
Problem:
ALDOT requires developers
pay for cost prohibitive road
enhancements along
Highway 43, inhibiting
growth in the region.
Tensaw Land & Timber Company, Inc.
10. Tensaw Land & Timber Company can offer multi-use development
opportunities near ThyssenKrupp, but financial assistance or in-kind
donations are needed to mitigate the cost of road enhancements and
ensure land is developed at a fair price.
Tensaw Land & Timber Company, Inc.
Inc.
12. A cost analysis indicates road construction costs would exceed $1 Million
Dollars and would significantly inhibit economic growth.
Tensaw Land & Timber Company, Inc.
Inc.
13. Calvert Property Development
Cost Analysis:
10 Turn Lanes = $1,000,000
3 Median Widenings = $60,000
Highway 43 Overlays = $200,000
Total Cost = $1,260,000
ALDOT
Requirements:
Cost Prohibitive
Inhibit Growth
Tensaw Land & Timber Company, Inc.
14. Solution: To spur growth in the region, Tensaw Land & Timber Company
seeks funding or in-kind contributions to mitigate road construction costs.
Tensaw Land & Timber Company, Inc.
Inc.
15. Calvert Property Development
Solution:
To spur growth in the region,
Tensaw Land & Timber
Company seeks funding or in-
kind contributions to mitigate
road construction costs.
Tensaw Land & Timber Company, Inc.
16. While Tensaw will develop retail property, funding support will primarily
ensure development of Tensaw properties designated for industrial use –
providing value to the State of Alabama.
Tensaw Land & Timber Company, Inc.
Inc.
17. Calvert Property Development
Tensaw Land: TK Entrance
Significant Industrial
Development Rail
ThyssenKrupp
Opportunities Red Fox
Road
Entrance
TK Entrance
Industrial Rail
Retail
TBD
Tensaw Land & Timber Company, Inc.
18. Tensaw Land & Timber Company is working cooperatively with Mobile
County to ensure quality development in the region. Mobile County fully
supports Tensaw’s efforts to obtain funding for road construction.
Tensaw Land & Timber Company, Inc.
Inc.
19. Calvert Property Development
“Tensaw Land & Timber Company is
working closely with Mobile County,
as part of a strong partnership, to
ensure quality economic development
in North Mobile County.”
-- Merceria Ludgood
County Commissioner
District 1
Tensaw Land & Timber Company, Inc.
20. Working together with state and county governments , Tensaw will ensure
development near Thyssenkrupp reaches its full economic potential.
Tensaw Land & Timber Company, Inc.
Inc.
22. Tensaw Land & Timber Company, Inc.
Inc.
Tensaw Land & Timber Company, Inc. was founded by Congressman Frank W. Boykin on November 1, 1937. Today the
company is owned by his heirs and under the management of the Congressman’s Grandson, Riley Boykin Smith, as President
and Chief Executive Officer; and Granddaughter, Starr L. Boykin, as Secretary/Treasurer. Other members of the management
team include Lee E. Moncrief as Vice-President, Judy D. Lewis as Financial Manager, Albert W. Parnell as Woodsman, Kathy
Moore as Administrative Assistant and R. Charlie Parker as Courier.
Tensaw has two offices. The main office is located at 3511 Montlimar Plaza Drive in Mobile. There is a Timber/Farm office
located on Hwy 43 in McIntosh as well. The company also owns the Boykin Lodge, located in Double Gates, Alabama, which is a
100 year old three story farm house purchased by the Congressman in 1919.
Tensaw acquired approximately 100,000 acres of prime timberland located in Mobile, Baldwin and Washington counties of
Alabama while under the direction of the Congressman. The majority of the property is under a long-term timber lease with
Resource Management Services located in Birmingham, Alabama. The acreage not under lease is under the direction of Starr
Boykin in the Mobile Office and Albert Parnell in the McIntosh Office. The timber managed by Tensaw is evaluated annually and
bids are received from local logging companies to thin any stands determined to be available for timber cutting.
Throughout the years, certain land owned by Tensaw has become more suited for commercial development than timber growth.
Such was the case in 2007, when Tensaw sold approximately 2,500 acres in North Mobile County to ThyssenKrupp ("TK") for their
multi-billion dollar, state-of-the-art carbon steel processing facility to be built in Calvert, Alabama. Adjoining land fronting Highway
43 adjacent to the plant has also become very sought-after for commercial development. Tensaw is currently developing a 40-acre
tract of land just south of the TK plant for retail and industrial use. Currently, there is an ABC Store and a warehouse facility in the
park.
Tensaw and its management are very active in the community by supporting business, charitable and wildlife organizations.
Tensaw is an investor in the Mobile Area Chamber of Commerce’s Partners in Growth Initiative, a member of the Alabama
Forestry Association, Alabama Wildlife Federation and National Wild Turkey Federation. Tensaw has established a
scholarship at Auburn University that contributes toward the tuition of an Auburn Forestry major from the McIntosh area each
year. The company has also supported many area charities.
