ELLICOTT – Construction of a new facility to consolidate locations for three local industries is underway at Mason Industrial Park in the Town of Ellicott.
The Chautauqua County Industrial Development Agency announced that Stannard Group LLC is moving its headquarters to the industrial corridor and relocating three of its subsidiaries: Weaver Materiel Service Inc., Naco Truck Leasing, and Stannard Properties, LLC.
In May, the CCIDA approved a 15-year payment in lieu of taxes incentive for the new construction project.
Officials said retaining Stannard in Chautauqua County will keep 35 people employed and create one new job.
The development of the 26,400 square foot facility is expected to require 60 construction jobs with contractor Kessel Construction. The entire project is expected to cost $2.8 million.
“We explored a number of scenarios to assist Stannard, and construction of a new facility was the most viable option,” said Mark Geise, Deputy County Executive for Economic Development and CEO of the CCIDA. “It was imperative to keep Stannard in our community and assist them in making their operations more efficient, versus trying to find an existing building that isn’t set up correctly or isn’t the right size, or relocating outside of the county, region, or state. What is also significant about this project is that it’s the first new building construction in one of our business parks in the last 5 years.”
The fourth generation, family-owned company was founded in Buffalo in 1944 as Weaver Materiel Service, and relocated to Jamestown in the mid-1950s.
In recent years, growth has provided opportunities for diversification, including the acquisition of Naco Truck Leasing Inc. in 2013 and formation of its real estate holdings group, Stannard Properties, LLC in 2017. T
The various entities of the company are currently housed at separate sites. Stannard serves the Northeast and Midwest geographic areas, and locally supplies Cummins Engine among others.
Land clearing began in July of 2019, with the facility expected to be completed in early 2020.