Last edited 1:41 p.m., March 4, 2019
Springfield ReManufacturing Corp., aka SRC Heavy Duty, is set to expand its northwest Springfield campus by year’s end.
General Manager Chad Myers said construction would likely begin later this month on a 95,000-square-foot addition at the southeast corner of its existing 160,000-square-foot plant at 650 N. Broadview Place. The $4.5 million project is expected to be complete by November, he said.
“We had plenty of room to be able to expand on this site and add parking,” he said of the expansion project for the subsidiary, one of 12 for Springfield-based SRC Holdings Corp. “We evaluated this site to ensure we could get the square footage we wanted to support additional growth and make sure we had great parking and still have plenty of green space and plenty of restrooms.”
Myers said he was unable to disclose the general contractor, citing competitive bids in the works. BRP Architects is the project architect.
SRC Heavy Duty remanufactures and assembles diesel engines, turbochargers, engine components, whole goods and generator sets. Additional assembly lines will be included in the new building, Myers aid, noting the extra space will allow its disassembly, cleaning, machining and salvage work to be separated from the rest of its assembly, shipping, painting and packing operations.
“There’s just a lot of activity in that shop today,” he said, adding the Heavy Duty workforce has doubled in the past 18 months to 402 employees from 200, encompassing its campuses at Broadview Place and East Kearney Street. “We need to spread out and grow just a little bit more.”
Company employee additions have been spurred by revenue growth, which hit $100 million in sales for 2018, according to SRC officials. Revenue for 2017 was $90 million – 67 percent above the $53 million projected for the year, according to past Springfield Business Journal reporting.
Myers said the company set a multiyear goal to hit the $100 million revenue total, but managed to record the mark a full year ahead of projection.
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