Coreslab has closed on its purchase of 75 acres in Leesburg's 470 Commerce Park, paying the city $1 million for a spot in the city's industrial park at the Florida Turnpike and County Road 470.
Coreslab is a producer of precast concrete and other concrete products for parking garages, stadiums, and other large concrete structures. Its current plant is in Orlando in a facility built in 1968.
"It's old and run-down," said Eric Pierce, engineering manager and assistant general manager. "Rather than tear down this one and rebuild her (in Orlando) we figured we would look for some place to build fresh. There are a lot of things (at the Orlando plant) that got grandfathered in that would not be grandfathered in if we rebuilt there"
Coreslab, which operates across the U.S. and in Canada, is planning a state-of-the-art 60,000-square-foot plant in Leesburg that will be indoors so that the humidity and other factors can be controlled to allow for optimum concrete production.
"It will be nice," said Pierce. "Concrete in Florida weather sometimes doesn't mix."
The location will also be optimal, said Pierce, with the park right at an entrance to the Florida Turnpike.
Land clearing is scheduled for December and dirt moving is planned for January. The goal is to have the plant complete by December 2016, he said.
The plant is expected to employ 55 workers in the beginning with the capacity to expand to 100 workers, the company's February announcement said.
Coreslab has hired Rodda Construction of Lakeland to manage the plant build. Bids have not been solicited yet.
Teresa Burney is a correspondent for GrowthSpotter.com and can be reached at 352-455-1955 or at firstname.lastname@example.org.