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
Alexander’s Mobility Services Plans Gallatin, Tennessee, Operations
01/22/2025
3E Nano Plans Wayne County, Michigan, Headquarters-Manufacturing Operations
01/22/2025
Anduril Industries Plans Pickaway County, Ohio, Manufacturing Operations
01/21/2025
Contec Industrial Automation Solutions Plans Greensboro, North Carolina, Operations
01/21/2025
Canada-Based Cardiff Products Plans West Columbia, South Carolina, Beverage Packaging Operations
01/17/2025
Messer Plans Berryville, Arkansas, Air Separation Operations
01/16/2025
Most Read
-
2024's Leading Metro Locations: U.S. Cities on the Rise Amid an Economic Reshuffling
Q4 2024
-
The Workforce Factor: How States Are Competing to Build Tomorrow's Talent
Q4 2024
-
Best Practices in Incentives Procurement
Q4 2024
-
Five Strategies to Tackle the Data Center Talent Shortage
Q4 2024
-
Microsoft-Three Mile Island Deal Could Signal Path for Nuclear Power to Strengthen Partnerships with Big Tech
Q4 2024
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024
-
Why Decarbonization Goals Start with Site Selection
Q4 2024