v>EPA www.epa.gov 1 Reuse and the Benefit to Community Joslyn Manufacturing & Supply Co. Superfund Site Technical Appendix Positive Impacts: Employment Information for On-site Jobs Each on-site business was researched in the Dun & Bradstreet (D&B), database where number of employees, and sales volume information was gathered. D &B is a company that provides information on businesses and corporations. It maintains a database of over 179 million companies globally and over 53 million professional contact names using a variety of sources including public records, trade references, tele-communication providers, newspapers and publications, and telephone interviews among other various sources (www.dnb.com). In cases where data were not available in D&B, Real Estate Recycling, the developer, provided estimates. The Data Universal Numbering System (DUNS) number, is a unique nine-digit identification number assigned by Dun & Bradstreet to each business and its location within the D&B database for the purpose of identifying each business. For businesses not reporting to D&B, assumptions about the most appropriate North American Industry Classification System (NAICS) code for those particular businesses were made. Positive Impacts: Wage and Income Information for On-site Jobs Wage and income information was gathered using the Bureau of Labor Statistics (BLS) data. The BLS is a governmental statistical agency that collects, processes, analyzes, and disseminates essential statistical data to the American public, the U.S. Congress, and other Federal agencies in the broad field of labor economics and statistics. The data provided by the BLS has high standards of accuracy and consistently high statistical quality, and impartiality in both subject matter and presentation. Average weekly wage data for each of the businesses located at the Twin Lakes Business Park was collected from the BLS Quarterly Census of Employment and Wages database. Average weekly wage data was identified by matching the NAICS codes corresponding with each type of business with weekly wage data for corresponding businesses in Lawrence County, if not available at the county level, the wage information was sought by State or National level, respectively. In cases where wage data are not available for the six digit NAICS code, higher level (less detailed) NAICs codes are used to obtain the wage data. To determine the annual wages (mean annual) earned from jobs generated by each of the business located at the Joslyn Manufacturing & Supply Co. Site, the average weekly wage figure was multiplied by the number of weeks in a year (52) and by the number of jobs (employees) for each of the businesses. ------- Table 1: Twin Lakes Business Park Businesses: NAICS Code and Title, Average Weekly Wage, Employees, Annual Wages and Total Annual Wage per Employee On-site Business NAICS Code3 NAICS Title Employees'3 Average Weekly Wage (2010)c Annual Wage (Mean Annual) per Employee Total Annual Wagesd MTI Distributing, Inc. 423820 Farm and Garden Machinery and Equipment Merchant Wholesalers 82 $937 $48,724 $3,995,368 Caribou Coffee Company, Inc. (Headquarters) 722 Food Services and Drinking Places 220e $329 $17,108 $3,763,760 Wagner Spray Tech 33391 Air and Gas Compressor Manufacturing 50e $1,270 $66,040 $3,302,000 Automation, Inc. 423830 Industrial Machinery and Equipment Merchant Wholesalers 30 $1,307 $67,964 $2,038,920 Supply Technologies LLC 423840 Industrial Supplies Merchant Wholesalers 16 $1,159 $60,268 $964,288 Berkshire Transportation Inc 488510 Freight Transportation Arrangement 6 $1,156 $60,112 $360,672 Caribou Coffee Company, Inc. (Retail location) 722 Food Services and Drinking Places 14 $329 $17,108 $239,512 RER Management 561110 Office Administrative Services 2 N/A N/A $99,000e Total 420 $14,763,520 a NAICS code provided in D&B unless otherwise noted. b Employee data is from D&B, except where otherwise indicated. c Average weekly wage per Employee is based upon BLS Average Weekly Wage data. d Total annual wage figures were derived by multiplying "Employees" by "Annual Wage (Mean Annual) per Employee." 0 Estimate provided by Real Estate Recycling. NA: Not Available 2 ------- Positive Impacts: Local Tax Revenue Generated from Property Taxes Data on the most recently assessed property values and the total tax amount for the parcels comprising the Twin Lakes Business Park were collected in March 2012 from property records accessible through Hennepin County's online property records database (http://gis.co.hennepin.mn.us/propertv/map/default.aspx). Table 2. Estimated Property Values and Annual Tax Amount (2011 Parcel ID No. Land Value (2011) ($) Improvement Value (2011) ($) Total Value (2011) ($) Annual Tax Amount (2011) ($) 10-118-21-31-0030 $1,400,000.00 $4,230,000.00 $5,630,000.00 $244,367.56 10-118-21-24-0034 $1,285,000 $3,645,000.00 $4,930,000.00 $213,795.68 10-118-21-24-0032 $462,000.00 $0.00 $462,000.00 $20,177.44 10-118-21-23-0006 $2,193,000.00 $6,287,000.00 $8,480,000.00 $368,839.06 10-118-21-23-0007 $125,000.00 $0.00 $125,000.00 $5,459.20 Total $5,465,000.00 $14,162,000.00 $19,627,000.00 $852,638.94 Property values source: Hennepin County, property information on-line. ------- |