Parke & Son Plans To Expand Its Warehousing Facility In Decatur, Illinois
10/08/2014
“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.”
Project Announcements
Finland-Based ADMARES Plans Waycross, Georgia, U.S. Manufacturing Plant
06/01/2023
Toyota Plans Georgetown, Kentucky, Electric Vehicle Operations
06/01/2023
Ranger Design Establishes North Charleston, South Carolina, Operations
05/31/2023
Austrian-Based Kronospan Expands Oxford, Alabama, Operations
05/30/2023
TiiCKER Expands Grand Rapids, Michigan, Operations
05/30/2023
Hanon Systems Establishes Bulloch County, Georgia, Operations
05/26/2023
Most Read
-
Is a Flurry of Fads Shaping Economic Development Policy?
Q2 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Nearshoring — North America’s Next Factory
Q2 2023
-
Front Line: Water Supply Increasingly Affecting Location Decisions
Q2 2023
-
First Person: Labor Crunch in the Construction Industry
Q2 2023
-
Life Science Conversions in Real Estate
Q2 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023