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Processing is replacing packing in revitalized Vernon. (Real Estate).


IF Dynamic Builders Inc. is an indication, the City of Vernon is continuing its transformation from a meatpacking meatpacking or meat-processing, wholesale business of buying and slaughtering animals and then processing and distributing their carcasses to retailers. The livestock industry is among the largest in the world.  center to a diversified hub of food processing Food processing is the set of methods and techniques used to transform raw ingredients into food for consumption by humans or animals. The food processing industry utilises these processes.  and shipping companies.

The Los Angeles-based developer has completed and sold three buildings totaling 245,000 square feet at the corner of 55th and Alameda streets in the past nine months. Among the buyers were a lamb products trading company, a seafood distributor and a cold storage company. With a fourth building under construction and pre-sold to another cold storage company, the total value of the properties sold at the site will be $43 million.

"Out with the old, in with the new, that's what we're seeing in Vernon," said Ken Jackson Sir Ken Jackson (born 3rd March 1937) was the General Secretary of the Amalgamated Engineering and Electrical Union (AEEU) from 1995 until that union's merger with the Manufacturing Science and Finance (MSF) union to form Amicus in 2001. , director of sales for Dynamic Builders.

The company, which has developed two million square feet of industrial space in Vernon since being founded in 1964, purchased the 14-acre property, which was previously a gypsum gypsum (jĭp`səm), mineral composed of calcium sulfate (calcium, sulfur, and oxygen) with two molecules of water, CaSO4·2H2O. It is the most common sulfate mineral, occurring in many places in a variety of forms.  plant, in July 2000 and broke ground on a 111,000 square-foot structure built for Preferred Freezer Services later that year.

Jackson said Vernon's location near downtown L.A., along with low business taxes and controlled utility costs (the city has its own power plant), were draws for food companies looking to cut costs and maximize efficiencies.

Additionally, despite being just two miles from the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  Produce Mart, Vernon land values are 20 to 30 percent less than downtown, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Dwight Hotchkiss, senior director at Cushman & Wakefield Inc.

"There isn't much land in downtown to build on, so companies have to look at adjacent markets like Vernon and Commerce," said Hotchkiss, who represented H & N Foods International on its $10 million purchase of a 78,000-square-foot building at the industrial park last month.

As a result, food processing and refrigeration refrigeration, process for drawing heat from substances to lower their temperature, often for purposes of preservation. Refrigeration in its modern, portable form also depends on insulating materials that are thin yet effective.  companies are moving in where meatpacking companies have been moving out. Last December, Shamrock Beef Processors and Emerald Meat Co. shut down their Vernon plants, laying off 360 workers in the process.
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Title Annotation:Vernon, California; new food processing buildings; Dynamic Builders Inc.
Comment:Processing is replacing packing in revitalized Vernon. (Real Estate).(Vernon, California; new food processing buildings; Dynamic Builders Inc.)
Author:King, Danny
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Mar 25, 2002
Words:326
Previous Article:Calendar. (Data Bank).
Next Article:South Bay boom. (Real Estate).(Centex Homes, acquires future home development site in Carson, California)(Brief Article)
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