Saturday 31 December 2016

Oxford County company purchases former cereal factory in London

EE McLaughlin now owns the Kellogg's factory on Dundas Street East in the Forest City

Same family also operates a massive tilapia fish farm

By Mark Schadenberg
If London’s east end was part of a Monopoly game, you could say two Oxford companies now own Marvin Gardens and Ventnor Avenue, but renovations must take place before either owner can accumulate wealth and rent from these acquisitions.
It’s been well documented here and elsewhere that Sierra Construction purchased the shuttered McCormick’s – Beta Brands cookie factory on Dundas Street a couple years ago.
Now, EE McLaughlin has bought the former Kellogg’s factory practically across the street.
McLaughlin has evolved the company entrepreneurship in 3 main directions – warehousing, logistics (transport trucks) and a giant fish farm (correct; see link below. Note: The fish are not giants, but the facility is). Diversification is important and this appears to be quite an example of polar opposites.
All small businesses require storage space and sometime you can take a very large commercial building and divide it so 4 or more companies can exist and succeed in tranquillity.
McLaughlin’s purchase of the old Kellogg’s factory was announced via the media on Dec. 15 – great news for the Forest City in the closing days of 2016. The former cereal making and packaging facility is more than 90,000 square feet, according to a story in the London Free Press.
EE McLaughlin already owns the former Electro-Diesel factory in London and other holdings in that city, and boasts warehousing facilities in Woodstock, Delhi, Tillsonburg, West Lorne, and Simcoe. The company website of www.eemclaughlin.com tells the family story and lists more of their holdings as naturally they seek additional tenants.

   
It was international news the day the last Frosted Flakes cereal box was discovered by a family in Timmins in March of 2015, so naturally the sale of the building is important news especially since the Kellogg’s complex of 9 buildings had already been sold previously to a different company, but was made available once again. It was announced just before Christmas in 2013 that the Kellogg plant would cease operations in London.
By noting the timeline, it is quite safe to assume that the McLaughlin purchase features a structure which is quite modern in mechanicals and condition of construction.

Two photos from London Free Press

The McLaughlin company website notes the family enterprises truly began in 1979 with a cheese store to accompany a family farm.
It was in 1984 that they purchased the former Firestone textile factory at the corner of Ingersoll Avenue and Oxford Street in Woodstock. I grew up about 2 city blocks from that building which in my childhood (1970-80) was notorious for spewing out fumes both from its Oxford Street windows at ground level and a tall stack. I would be the first to say any type of warehousing operation, including a Standard Tube employee credit union previously on site, was far superior use-of-space then the Firestone plant across the street from a K-8 school (Today, it’s Holy Family French immersion) and houses.
The business-minded family continued to cement themselves in the Oxford County business community. The McLaughlin brothers have also concentrated on the extraction of aggregates and production of concrete.   
The website of www.eemclaughlin.com notes the company now has more than 6 million square feet for warehousing, and I’m guessing that does not include the purchase of Kellogg. 
I would be the first person in line who would describe this Kellogg purchase as great news as all of its buildings can be re-purposed in a positive manner.


In Woodstock, we have seen one Harvey Woods plant converted to apartments and another has become an antique market. Plus, a previous sock factory under the Paquette banner, was gutted and renovated also into apartments. Closed schools have become medical buildings or condominiums, while Sierra Construction has been applauded by myself and others for utilizing the shell of two buildings on the former ORC property for a recreation centre for Sally Creek and also a bistro / golf course clubhouse. I would believe dozens of examples exist in London as well. 

GOING FISHING
The McLaughlin tilapia farm is called Sand Plains Aqua Culture and is located west of Tillsonburg, and is about 70,000 square feet. The 3 McLaughlin (Ewart, Murray and Ed) brothers’ farm breeds and grows all of its product, and must (and do) track breeding closely to avoid too many close families in genetics. The interesting part about the 3-year-old Rogers TV video (link) attached here (TV show: Innovation) is that the person overlooking much of the operation resides on the site, which is also important if there is ever a power issue, but the location does have an intriguing set of back-up power sources. From thousands of adult fish to a hatchery, brood stock and a nursery, Sand Plains is an impressive operation if you watch the video with host Michael Harding of Innovation.
Ewart McLaughlin (left) and Michael Harding

Did you know tilapia fish begins with eggs in their mom’s mouth? Selective breeding is part of the process, including aquariums where non-related fish live one-on-one for that purpose. The staff at Sand Plains know which fish are in which aquarium through computer tracking. The original McLaughlin fish were imported from Egypt’s Nile River.
Sand Plains sells both live and frozen fish, and their product is available in Oxford stores and beyond. The video notes that it takes about 10 months to grow one fish from spawning to shipping.
The ‘factory’ is very innovative in that they recycle their own water. If you consider yourself an amateur mechanical engineer, the system of oxygen and water maintenance is impressive to learn about. Computerized feeding systems, water conveyor belts which move the larger fish into a special holding tank for the market, and selective breeding are all remarkable practices considering they had only 8 employees at the time of the show taping in 2013. 
Ewart McLaughlin said in the show that the investment in the production facility is about $10 million, and now produces about 500,000 kg of fish per year.

LINKS:


Rogers TV show Innovation (2013) as produced by John Payne:

Beta Links (Each story contains links to London Free Press stories as well):


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All items on this blog site are compiled by:

Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
Independently Owned & Operated, Brokerage
757 Dundas St, Woodstock
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

Discussion . . . Direction . . . Determination . . . Destination

Thursday 29 December 2016

Looking back at 2016 and how Woodstock is growing

My places to volunteer continue to be Relay For Life for the cancer society and the Lions Club

Year recap includes 10th birthday for 104.7 FM -- Heart FM

By Mark Schadenberg
Instead of compiling a top of 2016 list, I have decided to submit a list of my favourite or most important blog entries of this year.
There are many year-end charts – top movies, local news stories, top music downloads, best teams and athletes, and certainly most significant world news stories.
The cartoon movie Trolls will not be on any critics list as top pictures of the year, but the movie’s song Can’t Stop This Feeling will be listed by many as the top song as Justin Timberlake had everyone dancing in the aisles with that tune.
Folks will remember the Summer Olympics, the Blue Jays playoff run. London Knights winning the Memorial Cup, and the many famous deaths of 2016 – Muhammad Ali, Gordie Howe, Arnold Palmer, Prince, Glenn Frey, David Bowie, Leonard Cohen, George Michael, Maurice White, Greg Lake, Keith Emerson, Paul Kantner, Merle Haggard, Pete Burns, George Martin, Morley Safer, Alan Thicke, Garry Shandling, Gene Wilder, Florence Henderson, Zsa Zsa Gabor, Doris Roberts, Alan Rickman, Abe Vigoda, Carrie Fisher and Debbie Reynolds, and if you love the movie Field Of Dreams we also lost Canadian writer WP Kinsella.


In Woodstock, we lost many great people, including one of my long-time friends in Bill Gillespie. He was truly a great man -- athlete, organizer, volunteer, knowledgeable, motivator, and Lions Club member.
I consider myself a community-minded person striving to put Woodstock first.
Here are some of my favourite entries on this site in 2016. They are not posted here in order, so be sure to note the date on each one.
Lots of progress at Northeast recreation complex in Woodstock:


Many residential projects continue in Woodstock
Kay-Lynn Stevens is community champion for Relay For Life. (She died on Dec. 8)
Woodstock recognizes two world wars through street-naming process
Notorious is new network TV show for Woodstock actor Kevin Zegers
Kelly Paton and Brandon Wilhelm to be inducted in Woodstock sports wall.

Looking back to 1990’s when I was Sentinel sports editor.
You’re invited to join Lions Club of Woodstock.
Heart FM (104.7 FM) celebrates 10th birthday:



^^^^^^^^^^^^^^^^^^^^^^^^^^^^
Everything written on this site is created by Mark Schadenberg
and each post includes links to where more information can be found 

Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
Independently Owned & Operated, Brokerage
757 Dundas St, Woodstock
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

Discussion . . . Direction . . . Determination . . . Destination

Volunteering in Woodstock. 
The Salvation Army kettle is a great place to donate time. 
Here is a picture of me and Colin Kennedy.

All the best for health and happiness in 2017 !

NEWS: A new standard in WIDREB sales totals established (daily)

Statistics from 2005 topple as local real estate board surpasses 1,500 for first time

Great news for home sellers in Woodstock-Ingersoll area

By Mark Schadenberg
If you’ve read my reports on WIDREB sales numbers since last winter, you will think this contribution to the world of writing is a broken record, well to tell you the truth it is a broken record.
In 11 months of 2016, total sales in the Woodstock-Ingersoll district board area were 1,460, while the best ever year was 1,473 in 2005, which was the year Toyota announced it was building a manufacturing facility in Woodstock to accompany its successful plant in nearby Cambridge.
You can see from the year-end numbers posted below that 2016 has been a remarkable year as I calculate a total of 1,533 transactions as of now with another 73 compiled so far in December. Records were made to be broken, and in an odd year of low listings and low ‘days on market’ stats, our board has still managed to set a new standard.
It’s been a great year for sellers with the average price of a residential home of any style in the WIDREB zone selling for about $285,000. This converts into the fact that the average detached home in Woodstock itself now includes a market value of about $320,000. That average is not verified, but calculated when I look at a large sample of sales from the past months as a rise in prices of approximately 15% equates into the fact I can not (and will not) use comparable homes in deciphering an estimated market value for a home (including yours) which sold as recently as April or May. In other words, a house which sold for $250,000 in December of 2015 is now worth perhaps 288,000.
There is no reason to think that these new values will not sustain themselves, but any amateur statistician – once figuring in the tightening of mortgage rules – will safely announce that a much more modest increase in sales prices is on the horizon for the next 12 – 18 months.


The increase in home values is great news for sellers, but obviously not first-time buyers or someone selling a modest residence and hoping to move up to their dream home.
In November, for example, transactions totalled 121 and that was the highest in any year looking back to the 2005 benchmark calendar, especially when you consider November of 2008 saw only 55 sales.
If 2008 was a frustrating time to be a Realtor because sales were infrequent, let me be the first to tell you 2016 has been head-scratching as clients with good offers on homes are losing out in multiple offer settings to signed offers higher than full asking price, and often the asking price appears on the surface to already be inflated (in my opinion).


MORE HISTORY NUMBERS
Our market is still currently extremely low on active listings as you will note from my previous blog entries, and the fact WIDREB stats point out in ink that the total number of listings in the first 11 months of 2016 is 1,880. Compare that to 2014 (1,943), 2011 (2,118), 2008 (2,631), and 2007 (2,365). I haven’t included every year, but the trend is prevalent.
Here’s another important trend: In 2016, there has been only 300 expired listings in the first 11 months, versus 487 in 2015 and 605 in 2014. Get this: In 2009 there were 1,035 expired listings in the first 11 months of the calendar. As you can see, a listing can not expire if it sells.
Total sales in the first 11 months of 2016 are 1,460 versus 1,342 last year and only 1,122 in 2014.
Here are the November-only WIDREB totals:
2016: 121
2015: 110
2014: 64                                  2013: 74                                  2012: 70                                  2011: 94
2010: 84                                  2009: 87                                  2008: 55 (Correct)                  2007: 103
2006: 104                                2005: 92
November of 2016 tips the scales very much in favour of those selling homes as record numbers are reported in transactions despite the low inventory of available listings for a buyer to consider. 
By looking at the totals, keep in mind 2015 was considered a good year.
Year-By-Year Numbers (Totals in WIDREB)
2015: 1424
2014: 1180                           2013: 1252                            2012: 1066               2011: 1158               
2010: 1216                            2009: 1080                            2008: 1176                            2007: 1359               
2006: 1278                            2005: 1473 (Correct) 
Average for past 10 years: 1242
An on-going positive factor in residential sales is extremely attractive low interest rates. Tighter mortgage rules which force buyers to always qualify based on a 5-year fixed rate has seemingly had little effect immediately on the Woodstock-area market. Buyers continue to stream to Oxford from Kitchener-Waterloo and Cambridge markets. Those areas have become difficult to buy in as their average sales numbers and prices leap as consumers re-locate from the Greater Toronto Area.  


LINKS:



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Mark Schadenberg, Sales Representative
Senior Real Estate Specialist (SRES designation)
Royal LePage Triland Realty
Independently Owned & Operated, Brokerage
757 Dundas St, Woodstock
(519) 537-1553, cell or text
Email: mschadenberg@rogers.com
Twitter: markroyallepage
Facebook: Mark Schadenberg, Royal LePage Triland

Discussion . . . Direction . . . Determination . . . Destination

Wednesday 14 December 2016

Capital budget for Woodstock is on Dec. 15 city council agenda

Dollar amounts must cover 2017, but actually also project the next 4 years.

Budget includes which roads are due to be reconstructed and in which year

By MARK SCHADENBERG
City Council in Woodstock is very smart.
Those elected to council locally are good people who understand how to consider a budget, but the process for many many years in Woodstock for the capital budget has been to consider a rolling 4-year system of needs and wants.
The 2017 capital budget for Woodstock will likely hover around $22 million. A Woodstock Sentinel-Review story posted in the final link below notes that the dollar figures may be lower than 2016 because of the costs associated with the addition at the police station.
As a Realtor, the next best comparison I can make is a reserve fund study at a condo corporation as they plan on replacing the roof shingles (for example) on townhouses in 2019 so it’s noted on a large chart and condo fees are saved for that project.
It’s all about concentrating on today, but paying very close attention to the future.

Mayor Trevor Birtch greeting on City website
Municipal taxes are most certainly not a condo fee, but a wise investment in the present (wages and facility and road maintenance) and future (when does the arena need a new compressor – 2017 -- and in what year should the city attempt to build a bridge to connect Burgess Farm Park to Standard Tube Park as the Thames River divides both sides).
The agenda for City Council on Thursday, Dec 15 included a depiction of the entire budget for 2016. Property taxes likely always go up as there is also the county portion and school board assessment which must be considered, but the Woodstock horseshoe has quite a list of on-the-horizon concrete and machinery items to consider.
Another analogy can be a matter of logic. For example, if your neighbourhood tennis court is not on the 4-year rollout of capital plans, you better start lobbying now as that tennis court will not happen until 2021.
I’m a long-time member of the Recreation Advisory Committee for the City, so I’m always tracking what Chief Administrative Officer David Creery and Treasurer & Director of Administrative Services Patrice Hilderley have up their sleeves.  Not to place too much onus and responsibility on the Creery and Hilderley team, as one must certainly read proposals and input and requests from the various departments as they truly do carry the weight and measures for dollars required, such as:
Engineering: Harold DeHaan
Parks & Recreation: Brian Connors
Museum & Art Gallery: Karen Houston
Library: Bruce Gorman
Fire Department: Scott Tegler
Police Department: Bill Renton


Several projects planned for Community Complex in next 2 years.
This year. the 20-year-old twin-pad facility received a new elevator.
If you don’t believe a city council member earns their remuneration, I must point out that the council agenda for Dec. 15 is 425 pages, but you can consider 278 - 312 as the important pages where the budget timeline is noted.
The budget also notes many 2016 expenditures, such as the massive renovation at the Southside Aquatic Centre and new roof at the library, as it assists in depicting the true trends and visualizing what has occurred this year to create the 2016 number and the projections in future years.
Like a drone with a camera attached, here’s an overview at some of the items to be discussed for the 2017 budget and beyond. I have included price tags on some items, but I’m just a blog writer and not a human abacus.


2017:
Fibre Optic link to Parkinson Road fire station, $121,000
Huge project is the replacement of refrigeration units at complex which will close both ice surfaces for the summer of 2018, which in-turn certainly effects revenue with no summer ice rentals possible  
Replace a forklift for community complex, $32,000.
Purchase new ice resurfacer, $90,000. (This item has already moved forwarded due to its need and ordering time)
New boards and concrete floor for Civic Centre Arena.
Replace two garbage trucks, $423,000
New street lights at north side of Devonshire from Cardinal to northeast rec complex (This project should have been done 5 years ago as it’s very dark at night.)
New road from Sally Creek subdivision to Hartley Farm at County Road 11.
Street reconstructions at Catharine, Grant, Beale, Brock, Berwick, Briarhill, Elora, Shenstone and Douglas. (The budget notes the exact cross-streets involved as the Beale project is simply Grant to Ingersoll Ave)

Briarhill & Elora neighbourhoods
New street / neighbourhood between Sally Creek and County Road 11

New roof for museum.
New vehicle for fire prevention officer, $35,000
Improved lighting to ball diamonds at Brompton and Southside parks.
Playground equipment installation at brand new park at Halifax and Springbank, $125,000, and then $150,000 in 2018 as walkways and other features are added.
Note: City also plans to spend $70,000 each year on tree planting in new subdivisions.

2018:
Replace a plow truck, $240,000
Street reconstructions at Earlscourt, Fifth, Grosvenor, Duke, Givins, Leinster, Hatch, King and Ingersoll Avenue
New roof at market centre theatre building.
New roof at community complex (Facility opened -- by the way -- in 1996)
Heating and cooling unit replacements at community complex – original dressing rooms, ice pad and foyer.

2019:
Purchase a stump grinder, $60,000
Street reconstructions at Bernard, Dent, Bay, Athlone, Drew, Park Row, and this will be fun as Dundas Street will be rebuilt from Vansittart to Oxford.

2020:
Replace asphalt roller, $45,000
New truck washing building for public works dept.
A Nova city bus. There was one on the 2016 budget also, and in other years upcoming as well.

WATCHING DIMES & NICKELS
After the budget is passed, the true savings are found when a high price tag item arrives under budget through the formal tender process.
If a certain approved project does not occur or is not completed in 2017 for whatever reason, that approved amount will usually just slide into the next calendar year
www.cometothecrossroads.com
LINKS:
Nov 24 Story:


Full-time Realtor
I Know The Importance Of Informing Clients
About The News Of Woodstock & Area
Mark Schadenberg, sales rep
Royal LePage Triland Realty Brokerage
757 Dundas St, Woodstock
Call me anytime: (519) 537-1553