A Charleston-based manufacturer of low-speed vehicles has expanded production to a new market.
Avison Young assisted in a market expansion on behalf of Bintelli, a Charleston-based low speed vehicle manufacturing company.
The company will increase its manufacturing and operations footprint by leasing 150,000-square-feet of industrial space in River Ridge Commerce Center, located at 1501 Trey St., Jeffersonville, which is a suburb of Louisville, Ky., according to a news release.
Bintelli will invest over $4 million into the Jeffersonville region and create approximately 67 new jobs with the expansion, according to the release.
Bintelli was represented by Ashley Jackrel, based in Avison Young’s Charleston office and Matt Ryder, based in the firm’s Atlanta office, the release stated. They provided consulting services, location strategy support, labor analytics, economic development incentives, and supply chain and distribution planning. Dustin Coffman, Executive Vice President of PRG Commercial Property advisors in Indiana, assisted with local site selection.
“Expanding into Indiana is a huge step for Bintelli in their business scaling and growth strategy,” said Jackrel in the release. “We’re proud to provide market insights and tailored solutions to help Bintelli make their real estate decisions that help them with their business goals and continued success in new markets.”
Bintelli was founded in 2000 by Justin Jackrel. The company currently has the largest LSV manufacturing facility in the U.S. in South Carolina and is a five-time Inc. 5000 company, the release stated. Its products include golf carts, shuttles, vehicles, parts, and accessories.
“Bintelli’s explosive growth over the last few years has been extremely rewarding,” Jackrel said in the release. “We couldn’t be more excited to expand our operations with this new facility at River Ridge Commerce Center. The proximity to our new logistics partner, Mr. P Express played a big part in choosing this location for our new assembly facility. We look forward to opening our newest expansion and working with such amazing new regional partners.”s