Subscribe
Close
  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Renew

Parke & Son Plans To Expand Its Warehousing Facility In Decatur, Illinois

10/08/2014
Parke & Son, Inc., a 160-year old commercial public and contract warehousing firm, plans a 143,000 square foot, more than $6 million, expansion of its warehouse facility at 3585. E. Mound Road in Decatur, Illinois.

“This is great news for Parke and Parke employees, a new and exciting chapter in the long and ongoing story that is our company …We are expecting new business and do not plan to vacate any of our existing facilities. Construction may begin as early as next week,” company President Bruce Stoddard said.

“Parke has been an important part of Decatur’s industrial community for more than 160 years,” said Richard Stoddard, Parke & Son, Inc. Chairman/CEO. “We are happy to have the opportunity to be among the first in making an investment that is directly related to business activity at the Midwest Inland Port, and we hope to be positioned to support additional growth in future years. Being in the Decatur – Macon County Enterprise Zone was a key factor in our making the decision to move forward with this project at this time.”

Bruce Stoddard added,: “This development will provide construction jobs for approximately 48 people over the life of the project. We are pleased to have selected The Romano Company, a local company, as our general contractor and are happy that these construction jobs will provide opportunities for local skilled labor. Moreover, additional full-time jobs will become available upon the completion of the project with additional employment opportunities developing as we realize the full utilization of the additional space.”

Article Discussion

Follow Area Development

Share