In a recent government meeting, officials discussed a significant new project in Wyandotte County, Kansas, involving the establishment of a 200,000 square foot distribution facility for Marshalltown, a well-known manufacturer of professional-grade tools. The project, spearheaded by Skinnell Properties, represents a $27 million investment, which includes sales tax exemptions on construction materials and a ten-year property tax abatement.
The facility, located in the 435 Logistics Park, aims to streamline the distribution of tools manufactured primarily in Marshalltown, Iowa, and Fayetteville, Arkansas. The project is expected to create numerous jobs, although specific figures were not disclosed during the meeting.
Kevin Wimpy, representing the unified government as bond counsel, emphasized the importance of industrial revenue bonds for the project, which is similar to other initiatives the government regularly evaluates. Cam Duff from Skinnell Properties highlighted the long-term commitment of Marshalltown to the community, noting their history of community involvement and support, especially following recent weather-related disasters in the area.
Jack Murders, Chief Operating Officer of Marshalltown, elaborated on the company's dedication to American manufacturing and its plans for the new facility. He stated that the facility would not only serve as a distribution center but also as a training site for employees. The company is known for its high-quality products and strong community ties, having been established in 1890.
The meeting concluded with a positive outlook on the project, which is expected to bolster local employment and economic growth while reinforcing Marshalltown's commitment to American manufacturing.