Successful Close to 2015 at the Union Corporate Center
Union,MO – February 10, 2016
UNION – The Union Development Corporation is pleased to announce a successful close to the 2015 business year at the Union Corporate Center.
The Center, located in east Union, saw the addition of eight businesses with a potential investment totaling 46.2 million dollars with estimated job growth of nearly 100 employees. The Union Development Corporation welcomes the following new businesses to the Union Corporate Center: EMJ Metals, Huellinghoff Trucking, Hartog Oil Company, and Select Powder Coating, as well as Volpi Foods who will be beginning construction of a new facility later this year. Aspire Machine Tool purchased land for a future expansion and Bugeye Technologies purchased an existing building at the Center. Additionally, RV Wagner recently purchased property for a proposed build-to-suit project.
The Union Corporate Center, with its Missouri Certified Site, made expansion attractive for many of the companies. A Missouri Certified Site is a parcel 10 acres or more in size that met the standards for business recruitment or business expansion set by the Missouri Department of Economic Development.
"When it comes to supporting business development, prepared communities win”, says Mike Kearney, Ameren’s Director of Economic Development. “The Union Development Corporation is a leader in Missouri's Certified Site Program. The Union Corporate Center is a shovel ready site for new construction and is prepared to help companies meet changing market opportunities."
Currently twenty four companies are located at the Union Corporate Center and employ approximately 450 employees. Since 2008, thirteen businesses invested more than $54 million dollars in new or expanded facilities at the Center.
About the Union Development Corporation:The Union Development Corporation is a non-profit, volunteer corporation that was formed in 1955 to aid the City of Union in the recruitment of industrial development and to assist with economic development issues.
The Board of Directors consists of thirteen members. Six members are appointed by the City of Union and seven appointed by the Union Development Corporation. The Board is made up of individuals who want to move the City of Union forward and continue “smart growth” of the area.
Three major Union Development Corporation accomplishments:
- Established North Loop Industrial Park in 1984. North Loop Industrial Park currently is the home to over twenty industries, including Pharma-Tech, Esselte and Romer Labs.
- Major lobbying group for the completion of Independence Drive. This avenue is the collector street for industries in the North Loop Industrial Park and allows for easy access to several areas of the City of Union.
- With assistance from the City of Union, the Union Development Corporation purchased 242 acres in east Union just south of U.S. Highway 50. Union Corporate Center is approximately 3.5 miles west of Interstate 44 and is fully served by water, sewer, gas and phase III electric. The Union Development Corporation offers lease/purchase option and other possible incentives for building and land.
James Schmieder, Assistant City Administrator/Community Development