By Julia Bauer
\nThe Grand Rapids Press<\/p>\n
GRAND RAPIDS — G.A. Richards Co., founded here in 1900 to supply the furniture industry, is building its second plant this fall at 1060 Ken-O-Sha Industrial Drive SE.
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\nThe $3.5 million project will be completed by November.<\/p>\n
By 2017, the company could add up to 30 employees to the 90 at the original plant.\u00c2\u00a0<\/p>\n
Expansion is driven by growth in the office-furniture industry Richards supplies.<\/p>\n
Richards also is buying new metal fabricating equipment to put into its existing plant as part of the expansion.<\/p>\n
Tax-free bonds were approved this week for the project, by the Michigan Strategic Fund.<\/p>\n
Of the $3.5 million package, $540,000 will pay off similar bonds granted in 1997.<\/p>\n
When complete, the new building and site will be held by G.A. Richards Plant 1.5 LLC, while the original company will own all of the machinery and manufacturing processes.<\/p>\n
The new plant will provide more than 37,000 square feet of manufacturing space, plus 2,000 for offices, company attorney Jessica Wood said.<\/p>\n
“We’re looking at expanding by five to 10 employees a year,” through 2017, Wood said.<\/p>\n
Wages average $11.50 an hour.<\/p>\n
Send e-mail to the author: jbauer@grpress.com<\/p>\n","protected":false},"excerpt":{"rendered":"
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