A Daviess County warehousing operation is set to double in size.
Maysville Enterprises is looking to add on to its current 48 thousand square foot space, which the company started with when it originally opened in 1998.
Joe Singleton, who co-owns the company along with Kenny Swartzentruber, says the expansion will add capacity to the building while expanding operations to handle additional capacity for Grain Processing Corporation (GPC). Maysville Enterprises and GPC work together to handle warehousing for maltodextrine. GPC is planning to expand that production. Singleton says GPC is telling Maysville to be prepared for more growth.
Maysville Enterprises currently has 11 full-time employees and 1 part-time employee. The company says the expansion will add two more full-time workers and two more part-time workers to the staff over the next year and a half to two years. The Daviess County Council has approved a 10-year tax abatement for the expansion. Councilman Mike Sprinkle says its another positive for Daviess County whenever they can attract new businesses or help to enhance those businesses currently in the county. The abatement will decline by 10 percent each year through the ten years until all of the improvements go onto the property tax rolls.
This abatement marks the second one for the company. The original abatement was granted in 1998 and expired back in 2008. The company is one of several that have been spun off and developed since GPC opened. Singleton says things didn’t necessarily go as anticipated as there has been a lot of expansion since the opening of the original plant and the new expansion is now necessary to meet with the growth of the company.
The new facility will be erected on the company’s current Maysville Road property. Preparation work has already begun for the project and excavation work is set to begin once all permits and approvals are received. Maysville Enterprises hopes to open the new warehouse by February 1st of next year.