FOR MORE INFORMATION, CALL STREAM TODAY AT 713.300.0313515 Post Oak Blvd, Suite 1100, Houston, TX 77057 | www.streamrealty.com

Stream Realty Partners was retained by Borusan Mannesmann US, for site selection and acquisition services related to the new state-of-the-art, Pipe Mill Facility located in Baytown, Texas.

STREAM DELIVERED THE FOLLOWING SERVICES DURING THE SITE SELECTION PROCESS AND RELATED NEGOTIATIONS:

· COMPETITIVE SITE SELECTION

· LABOR STUDY

· TRANSPORTATION ANALYSIS

· COMPETITIVE CONSTRUCTION BID ANALYSIS

· FINANCIAL MODELING: LEASE VS. BUY

· STATE & LOCAL BUSINESS INCENTIVES

· ENERGY PROCUREMENT PROGRAMS

· PROJECT/CONSTRUCTION MANAGEMENT

DELIVERY DATE: JANUARY 2014

appreciation to the Texas Governor’s Office for their

immense support during and after the decision

making process.”

“The creation of 250 jobs is a significant number of

new jobs in a modest-size county of less than

40,000 people,” Sen. Williams said. “These are great

jobs that will support families. I welcome Borusan

Mannesmann Pipe to Southeast Texas. We’re glad to

welcome the jobs and the capital investment and

appreciate the governor's help in attracting this

company to our state.”

“Borusan Mannesmann’s expansion into Chambers

County, and Texas in general, is a testament to the

prosperous business climate our state offers,” Rep.

Eiland said. “I am excited about the expansion, and I

am fully supportive of Borusan Mannesmann’s

decision to bring additional jobs and added revenue

to my constituents back home.”

The Legislature created the TEF in 2003 and has

re-appropriated funding in every legislative session

since then to help ensure the growth of Texas

businesses and create more jobs throughout the

state. TEF projects must be approved by the

governor, lieutenant governor and speaker of the

House. The fund has since become one of the state’s

most competitive tools to recruit and bolster

business. To date, the TEF has invested nearly $490

million and closed the deal on projects generating

more than 67,000 new jobs and more than $19.9

billion in capital investment in the state.

BAYTOWN – Gov. Rick

Perry today announced that

Borusan Mannesmann Pipe

will expand its manufactur-

ing operations to the U.S.

with a steel pipe plant in

Baytown, creating 250 jobs

and $148 million in capital

investment. The state is

providing $1.6 million

through the Texas Enterprise

Fund (TEF) to close the deal

on this project.

“Texas continues to be a leader in energy produc-

tion, supplying not just the oil and gas that fuel our

cars, homes and businesses, but also the products

and workforce necessary to support domestic

drilling in the U.S.,” Gov. Perry said. “With the help

of competitive incentives like the TEF, Texas

continues to attract employers from across the

country and around the world to expand within our

borders, creating jobs and opportunity and further

strengthening our economy.”

Headquartered in Turkey, Borusan Mannesmann is

a global leader in steel pipe production for a variety

Gov. Perry Announces Borusan Mannesmann Pipe to Create First U.S. Manufacturing Facility, 250 Jobs in Chambers County

of industries, including oil and gas drilling and

transmission, with current production of around one

million tons of pipe products. The Baytown facility

will produce casings used to secure oil wells and

tubing to extract gas and oil from the ground, adding

300,000 tons of manufacturing capacity.

“This investment will establish Borusan as a local

manufacturer in the U.S. market,” Borusan

Chairman A. Ahmet Kocabıyık said. “This investment

is the beginning of a new era, not only for economic

relations between the U.S. and Turkey, but also for

our steel sectors. I would like to extend our sincere

April 2, 2013 OFFICE OF THE GOVERNORRICK PERRY

FOR MORE INFORMATION: GRAHAM HORTON, SIOR, CCIM713.300.0313

· Borusan Mannesmann US Pipe Mill Facility

· Chambers County, TX 77523

· Land Size: 135 acres

· Bldg Size: 7 buildings totaling +/- 315,000

· Street Address: Cedar Crossing Industrial Park, Chambers County, TX 77523

· Other Details: Design-build with 45-acre stabilized pipe yard including slitter, mill,

finishing, heat treat, hydro and threading facilities.

TRAVIS SECOR 713.300.0235