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Rotor Facility <br />Component Facility <br /> <br />12022 N. P Street <br />8525 Freeland St <br />La Porte, TX 77571 <br />Houston, TX 77061 <br /> <br />713-364-7500 <br />713-364-7500 <br /> <br /> <br /> <br />Proposed Expansion <br />ACT Independent Turbo Services is proposing to custom build 48,000sqft of NEW crane building and offices, and move our <br />existing equipment, operations and (73) full time personnel from our Hobby Location to La Porte. This will require a new <br />build, likely utilizing local contractor(s) on undeveloped land. Assuming all hurdles are met and the company receives <br />approval from the ACT Board of Directors for the relocation, we would anticipate the start of the project in September of <br />2014 and completion by the end of 2015. <br />The Taxable Value of the proposed improvement is estimated to be: <br />-$3.6MM in New Building Construction <br />-$1.0MM in New Equipment <br />-$2.0MM in movement of existing equipment and inventory <br />-$6.6MM Total estimated property & equipment value <br />-This would lead to an estimated Yearly City Tax Revenue of $46,860 <br />-This would lead to an estimated Yearly LPISD Tax Revenue of $87,780 <br />Employee Relocation <br />ACT Independent Turbo Services currently employs (80) people at various levels within the organization. As of June 2014 we <br />have (73) personnel reporting full time to our Hobby facility and (7) personnel reporting full time to our La Porte Facility. <br />Below is a breakdown of Employees throughout ACT: <br />-(6) Executive Management <br />-(9) Sales, Accounting and Support Staff <br />-(12) Engineering & Supervision <br />-(53) Hourly Technicians <br />As a leader in the service business, ACT Independent Turbo Services also offers competitive salary and benefits. Many of <br />our Hourly employees make between $20 - $30/hr. Our supervision and engineering staff are typically compensated at our <br />above industry average. All Full Time employees (Hourly and Salaried) are eligible to receive benefits that include generous <br />insurance benefits (medical, vision, dental), 401(k) plan with matching program, disability & life insurance, profit sharing <br />incentives, paid vacation and holidays. If approved and finalization of construction, all personnel would report to the La <br />Porte facility. <br /> <br />June 30, 2014 Page: <br /> 2 of 3 <br /> <br /> <br />