Quonset Points

e-Newsletter

April 2008

In This Issue
Strategic Milestone
Quonset Comes of Age
Quonset Developer Recognized
 
Quonset's Port of Davisville
Marks Strategic Milestone
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Exporting Begins, Creating Additional Jobs,
Increased Income for Port
 
The Quonset Business Park marked an important strategic milestone recently with the introduction of a pilot program for the export of used truck tractors through Quonset's Port of Davisville. The Port is already one of the top importers of autos in the country and this dedicated export of 200 to 300 truck tractors each month provides backhaul for ships leaving Quonset.
 
Used truck cabs are being hauled or driven to Quonset from all over the United States by Automotive Transport Incorporated (ATI).  Davisville's North Atlantic Distribution (NORAD) is processing the truck cabs, clearing them through customs, inspecting them and providing storage at the Port. The truck tractors are being shipped to Emden, Germany via K-Line vessels for distribution throughout Europe. 
 
The export traffic through the Port is expected to generate work for 12 additional Longshoremen and increase the number of employees at NORAD.
 
While this is still a pilot program, the Quonset Development Corporation (QDC) is working to take further advantage of the robust export climate. The Port is designated as a free trade zone, has competitive dockage and wharfage fees and no harbor maintenance tax on cargo.
 
"Quonset Comes of Age"
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Newspaper Progress Report
Commends Business Park Development
 
Quonset Comes of Age
 
An in-depth special report on Quonset heralds the aggressive transition of the old Navy bases into a thriving business park that now has 158 companies which employ 8,200 people. The report in Southern Rhode Island Newspapers says the improvement, growth and development at Quonset is the very definition of progress. 
 
The report cites the Quonset Development Corporation (QDC) infrastructure improvements including rail, road and highway access as critical to the Business Park's growth and points out that the park and its residents generate millions in taxes annually.
 
The sweeping examination of the Business Park illustrates the diversity of its residents, from the large such as Electric Boat and Toray to the many smaller businesses such as American Mussel Harvesters. Owner Matthew Dematteo says he was "lucky" to get the Quonset location. "People are blown away that Quonset has so many companies, especially when they see our facilities," he added.
 
Waterfront Building Offers
Lifestyle Amenities
 

A Quonset developer's waterfront office building is being recognized for its unique offering of lifestyle amenities at the workplace.  Riggs & Gallagher's 30,000 square foot Vantage Point was featured in the Providence Business News and the North East Independent for its innovative blending of leisure elements into the workplace environment. The building offers sweeping waterfront views and is adjacent to Blue Beach.
 
Riggs & Gallagher says it will provide multiple opportunities for building tenants to take advantage of the location, including balconies, patios, and storage for Kayaks and fishing equipment. Coupled with the other Business Park amenities such as a golf course, bike path and airstrip, Riggs & Gallagher is taking advantage of trends that consider workplace environment an important piece of an employee's benefit package.