IDEAL BEGINS CONSTRUCTION ON NEW MANUFACTURING FACILITY TO SUPPORT CONTINUED GROWTH —
IDEAL BREAKS GROUND ON NEW, EXPANDED MANUFACTURING FACILITY
Company Turns 100 Years in 2016 – Expects Continued Growth
SYCAMORE, IL (May 14, 2015) -- At its groundbreaking ceremony in the Sycamore Prairie Business Park, IDEAL INDUSTRIES, INC. of Sycamore Illinois, celebrated the beginning of a construction process that will result in a new manufacturing facility of 220,000 square feet. It will replace several existing facilities in the area and provide additional capacity within the existingproduct lines as well as support new product launches which are being announced simultaneously with the construction.
Among the attendees were Craig Erdmier and Jim Kutz of Cord Construction of Rockford, the general contractor, and Bill Waldorf and Joe Winkelmann of Larson and Darby, project architects. Speaking on behalf of Sycamore leadership, Mayor Ken Mundy said, “we are so pleased that IDEAL, a 75 year contributor to our local economy, has continued to show faith in our community by making this very significant investment. We, of course, will be as supportive as we have always been.”
Nick Shkordoff, General Manager/VP Electrical Division at IDEAL expressed his appreciation for the support IDEAL has received during this project from all involved. “We expect this building to be the cornerstone of a new era of growth for us. And we love having it right here in our park. The strong presence of the DeKalb County Economic Development Corporation (DCEDC) is a key components of what makes us such a strong community.”
About IDEAL INDUSTRIES, INC.
IDEAL ® INDUSTRIES, INC. is a global, diversified family business designing and manufacturing superior products and tools for professional tradesmen in the electrical, wire processing, data communications, aerospace, automotive and construction industries. The 99-year old company was founded in 1916 on the premise of forging ideal relationships with customers, employees and communities. The company has consistently grown and expanded under four generations of family ownership.
About IDEAL ELECTRICAL
IDEAL ELECTRICAL is a Division of IDEAL INDUSTRIES, INC. The division is a global leader in the development, manufacture and marketing of enhanced energy management systems, products and technologies for professional electricians, design engineers and facilities executives.