WALKER, MI (WTVB) – Speedrack Products, which currently has a manufacturing operation in Quincy, is adding a third location in Michigan, which will create 164 new jobs in Walker, outside of Grand Rapids.
Groundbreaking for the $64.5 million investment was held Monday. The project is expected to generate a total private investment of $64.5 million, and Michigan was chosen over a competing site in Indiana with the support of an $820,000 Michigan Business Development Program performance-based grant from the Michigan Strategic Fund.
Speedrack Products Group Ltd. has been a leading provider of pallet racking and storage systems for more than 50 years. The company established its first headquarters in Sparta in 1989 and today employs 278 people between its Sparta and Quincy locations. Speedrack handles all aspects of material handling in-house with engineering design for its warehouse facilities, distribution centers, and all other material handling systems.
Speedrack has experienced significant growth due to the growth of e-commerce and system-based designs and plans to double production by 2023 to meet growing customer demands. The company is establishing this new facility in the city of Walker where it will roll-form, weld, and powder-coat paint fabricated pallet rack and system type modules. The facility will utilize automated systems wherever feasible.
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