IKO Eyes Hagerstown, Maryland, for Manufacturing Complex
03/25/2019
The new $70 million IKO site is located at 100 Tandy Drive in Hagerstown, which was the former home of Radio Shack's facilities. Company officials anticipate new plant will start production in mid-2020, and will create 40 jobs locally by the end of that year.
The 500,000 square foot manufacturing and warehouse site will mark IKO's first new location in the northeast since it began its U.S. operations in Wilmington, Delaware in 1981, company officials said.
"Hagerstown is another example of IKO's commitment to building the strongest and most state of the art production network in our industry," stated Guy Tremblay, IKO's Vice President of North American Operations.
"No one in the industry has made the kind of investments in their manufacturing capabilities in the marketplace in the past 15 years that matches IKO. We're tremendously proud to be announcing this project, and equally as proud to be able to become a member of the business community in Hagerstown," he said.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024