Driven by growing demand from the local construction market, Maschmeyer Concrete Company plans to invest roughly $1.5 million to double production capacity at its northwest Orlando plant, and will seek financing next year before a projected groundbreaking in the second quarter, a lead executive with the company told GrowthSpotter.
The Lake Park-based company currently operates from 14 locations in Florida (two in Orlando), which produce and distribute ready mixed concrete, concrete block, fabricated rebar and other building materials with its own fleet of trucks.
Maschmeyer has maxed out its production capacity at a 60-year-old ready-mix batch plant at 2311 Dinneen Ave., southwest of the intersection of Silver Star Road and N. Orange Blossom Trail.
The company owns 4 acres across two parcels on Dinneen where it has moved its centralized truck shop for the Orlando market, and plans to build its Central Florida division offices, said Steve Bishop, vice president and general manager.
"It's an old facility there built in the late 1950s. We've done some upgrading, but this plan will double our capacity for loading and production at that site," said Bishop, who declined to specify the plant's production capacity for competitive reasons.
"This has been prompted by the growth of the downtown corridor, and the residential market coming back strong," he continued. "We're fairly well diversified between residential and commercial, and are seeing demand growth (for concrete) from every sector. We've also had competitors being overwhelmed with demand from the I-4 expansion, so while we're involved in I-4 in a small way, we can focus more on other clients."
Some of Maschmeyer's clients supplied from the Dinneen Avenue plant in the last year include Pulte Homes, Orange County Public Schools, and the Orlando City Soccer Club's new stadium.
Maschmeyer filed a conditional use permit request with the City of Orlando on Oct. 18 to allow for construction of the new concrete batch plant.
That public notice and approval period should run 90 to 120 days, Bishop estimated, putting the company on pace to get a construction permit in Q2 2017.
Most of the estimated $1.5 million investment will be for new batch plant equipment, which the company plans to finance, he said.
The new batch plant will look much like the one it is replacing, with the one difference being a new central mixer that will mix the raw materials before they are loaded into mixer trucks.
New silos on the property will be no taller than the ones already there, and the company plans to add an 8-foot wall along the southern property line, where there's now a ditch and vegetation. Maschmeyer will also be adding space for more trucks to move in and out of the property.
Stitzel Engineering & Construction out of Lakeland is civil engineer on the project.