Industrial Park

AAA

DEFINITION of 'Industrial Park'

A portion of a city that is zoned for industrial use (as opposed to residential or commercial use). Industrial parks may contain oil refineries, ports, warehouses, distribution centers, chemical plants, plastics manufacturers, airports, food and beverage processors, and steel manufacturers, to name just a few examples. Some industrial parks offer tax incentives for businesses to locate there, such as tax increment financing.

INVESTOPEDIA EXPLAINS 'Industrial Park'

For example, the Wilmington Industrial Park in Los Angeles is located near a major international shipping facility (the Los Angeles and Long Beach ports), a railroad, and numerous freeways with access to major trucking routes. Types of businesses located there include a cold-storage facilities, food distribution warehouses, engine parts companies and many others.

RELATED TERMS
  1. Homeowner's Association - HOA

    An organization in a subdivision, planned community or condominium ...
  2. Industry

    A classification that refers to a group of companies that are ...
  3. Declining Industry

    An industry where growth is either negative or is not growing ...
  4. Emerging Industry

    A group of companies in a line of business formed around a new ...
  5. Mature Industry

    An industry which has passed both the emerging and the growth ...
  6. Industry Group

    A classification method for individual stocks or companies, usually ...
Related Articles
  1. Save The Earth: Become A Capitalist
    Economics

    Save The Earth: Become A Capitalist

  2. A Guide To Investing In Consumer Staples ...
    Options & Futures

    A Guide To Investing In Consumer Staples ...

  3. Uncover The Next Real Estate Hot Spot
    Home & Auto

    Uncover The Next Real Estate Hot Spot

  4. Unions: Do They Help Or Hurt Workers?
    Economics

    Unions: Do They Help Or Hurt Workers?

comments powered by Disqus
Hot Definitions
  1. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  2. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
  4. Ratio Analysis

    Quantitative analysis of information contained in a company’s financial statements. Ratio analysis is based on line items ...
  5. Days Payable Outstanding - DPO

    A company's average payable period. Calculated as: ending accounts payable / (cost of sales/number of days).
  6. Net Sales

    The amount of sales generated by a company after the deduction of returns, allowances for damaged or missing goods and any ...
Trading Center