Speedrack groundbreaking in Quincy

With construction already underway, Speedrack held a groundbreaking Tuesday for its $20 million expansion in Quincy. On hand Paul Jewell of Millwrights Local 1102, Eric Quist, Speedrack Executive Vice President, company owner Ron Ducharme, Quincy Council President Karen Hargreave, and Quincy Village Manager Brittany Butler. [Don Reid photo]

QUINCY Delayed from March by the COVID 19 close down, Speedrack held an official groundbreaking for its $20 million expansion to its Quincy plant Tuesday morning.

The 130,000 square foot addition to its current 375,000 sq.ft. plant will add up to 80 new employees to the already 250 working there.

Quincy operations manager Eric Quist said since opening in 2003 with 25 employees "we have significantly increased benefits, and have increased hourly wages by approximately 175%."

The company started 35 years ago and pioneered tubular storage systems. Its considers Amazon and Medline as two of its many major customers.

Speedrack is already hiring new employees for the expansion so they will be ready when the new addition opens in 2021.

The new expansion will allow increase of its powder coat paint lines, robotic welding, and production expansion. The decision was made to expand Quincy after it opened an additional facility in Litchfield in 2017 which employs 25.

Quist credited the family owned business of the Ron Ducharme for putting 100% of its profits back into the business. "They made the decision to stay even in these uncertain times."

The company thanked Quincy for continued support with local infrastructure at its 42 Cole Street location.

Village Council President Karen Hargreave noted it started in 2002 when the village approved use of the brownfield site for the company plant.

In March the Michigan Department of Transportation awarded the village of Quincy a state transportation economic development fund grant totaling $325,972 to reconstruct Church Street between Cole and Broughton Streets to all-season standards, make drainage improvements, and install curb and gutter. This allowed the company to expand loading docks.

With more on line sales and warehousing, the state found there is increased demand for its tubular warehouse racks and rack systems throughout the United States and Canada. The Quincy plant takes rolled steel then forms, welds and paints them for shelving components.

See original here:

Speedrack breaks ground at its Quincy expansion - The Hillsdale Daily News