Alpha Consulting US (ACG) provides independent valuation, feasibility, and site selection advisory for Korean enterprises, institutions, and government-affiliated investment bodies entering the U.S. industrial and strategic FDI environment.
We apply a Total Project Value Framework that integrates:
- Industrial real estate (land, plant, logistics facilities)
- Machinery & equipment (M&E)
- Operations, labor, utilities, and logistics
- Incentives and regulatory structures
- Industrial economics and long-term feasibility
- Enterprise value and JV contribution
- Strategic & supply chain impact
Our work is designed for high-stakes U.S. manufacturing, logistics, energy, and advanced materials investments.
1. Industrial Real Estate Valuation
Independent valuation under USPAP, IVS, and IFRS 13 Fair Value, including:
- Manufacturing plants, warehouses, logistics centers
- Greenfield/brownfield industrial land
- Facility expansion, redevelopment, build-to-suit
- Highest & Best Use (HBU) analysis
- Support for investment, financing, internal review, and financial reporting
Our valuation incorporates market dynamics, cost structures, replacement scenarios, and operational fit.
2. Site Selection & Location Feasibility
A multi-state, CCIM-grade site selection process using:
- STDB, ESRI, demographic & labor analytics
- Weighted decision matrices
- Industrial, logistical, regulatory, and cost-based criteria
Key factors include:
Labor availability • Wages • Union presence • Utilities • Infrastructure capacity • Logistics access • Tax environment • Zoning/permitting • Supply-chain proximity • Community support
We conduct remote and on-site due diligence and coordinate meetings with local governments, utilities, and economic development agencies.
3. Incentives Analysis & Negotiation Support
Strategic review of federal, state, and local incentives:
- Corporate income tax incentives
- Sales/use tax exemptions
- Property tax abatements
- Infrastructure support
- Workforce development assistance
- R&D tax credit considerations
We assess incentive structures, compliance requirements, and negotiation strategies
(legal/tax matters handled through external specialists where needed).
4. Industrial & Economic Feasibility Analysis
Comprehensive commercial and operational feasibility including:
- CAPEX/OPEX modeling
- Total Cost to Operate (TCO) analysis
- Demand trends and industrial market forecasts
- Process & operations economics
- IRR, DCF, and payback modeling
- Multi-scenario sensitivity analysis
Our feasibility approach supports long-term investment decisions with data-driven clarity.
5. Technical & Operational Due Diligence
We evaluate both asset-level and operational-level risks:
Market & Economic Review
Industrial demand/supply • Vacancy/absorption • Competitive benchmarking
Asset & Infrastructure Review
Building systems • Environmental issues • Electrical/HVAC • Roofing • Fire/life safety • Security • Site circulation
Regulatory & Development Review
Zoning • Entitlement • Permitting • Environmental constraints
Utility & Capacity Review
Power/gas/water availability • Expansion requirements • Logistics limitations
Our due diligence identifies constraints and opportunities early in the process.
6. Industrial & Site Economics Modeling
We model long-term operating economics by integrating:
- Labor curves
- Energy price trajectories
- Transportation & logistics cost structure
- Property tax forecasting
- Incentive-adjusted net costs
- Market risk indicators
- Competing regional cost profiles
This reveals true cost-of-operation differences across states and regions.
7. Integrated Advisory for Korean Investors
ACG provides bilingual, cross-border advisory aligned with U.S. standards and Korean institutional processes:
- Korean-language consultations
- English-authoritative valuation reports
- Executive-level internal decision documents
- Integrated RE + M&E + Enterprise + JV contribution modeling
- Independent U.S.-based feasibility and valuation logic
We help Korean enterprises navigate U.S. industrial, regulatory, and financial systems with clarity and objectivity.
8. Support for Korean Government Bodies, Policy Funds, and Investment Corporations
ACG advises not only private investors but also:
- Korean Government ministries and agencies
- Government-backed FDI funds (정책성 투자펀드)
- Newly formed state-affiliated investment corporations
- Sovereign or quasi-sovereign entities
- Public-sector institutions conducting U.S. strategic FDI
These organizations require transparency across:
- Fair Value and IFRS 13 compliance
- U.S. GAAP and IVS alignment
- Industrial feasibility and site economics
- Policy-driven FDI considerations
- Structuring and evaluation for multi-billion-dollar capital programs
ACG supports public-sector decision making through:
- Independent economic and valuation analysis
- Cross-jurisdictional interpretation
- Strategic insight for long-term industrial participation
- Neutral, evidence-based assessments aligned with both U.S. and Korean review standards
We act as a bridge between Korean public-sector institutions and U.S. industrial, regulatory, and economic stakeholders.
9. Application for U.S. Policy Makers and Economic Development Agencies
ACG’s framework is also applicable to U.S. federal, state, and local policy makers evaluating foreign investment in strategic industries.
How U.S. Policy Makers Use ACG’s Analysis
Strategic Fit Insight
- Supply-chain resilience improvement
- Alignment with regional industrial policy
- Cluster development and technological impact
Economic Impact & Feasibility
- Labor demand and wage effects
- Infrastructure and utility load implications
- Long-term operational viability
Incentive Structure Validation
- Avoiding over-subsidization
- Ensuring economic viability
- Balancing project risk and public benefit
Transparency in Foreign Participation
We analyze real estate, M&E, enterprise, and intangible contribution to clarify:
- What the foreign investor is contributing
- The strategic significance of the investment
- The sustainability of the capital structure
Risk Identification
- Financial vulnerability
- Operational and regulatory risk
- Chapter 11 exposure
- Environmental and entitlement risk
Bilateral Interpretation
We help policy makers interpret Korean institutional proposals through a U.S.-standard valuation lens, reducing information asymmetry.
10. About the Principal – David Hahn, CCIM, ASA, MAFF, CVA, CM&AA, MBA
David Hahn is a U.S.-based industrial valuation and feasibility specialist with expertise in:
- Industrial real estate appraisal
- Machinery & equipment valuation
- Site selection and CCIM-grade economic analysis
- FDI/JV structuring
- Strategic and supply chain valuation
- International standards (IVS, USPAP, IFRS)
He holds multi-state Certified General Appraiser and Real Estate Broker licenses and has served Korean and U.S. markets since 1985.
He is fully bilingual and a lifetime honorary member of the Korean Appraisal Board.
Summary
ACG delivers independent U.S.-standard valuation, industrial feasibility, site selection, incentive evaluation, operational due diligence, and cross-border interpretation for Korean institutions, government bodies, and U.S. policy stakeholders.
Our advisory strengthens investment decisions in the U.S. industrial landscape through objective, multi-disciplinary, and internationally consistent analysis.