Davidson Logistics has declared its expansion that will create 200 jobs in the St Louis area.
Davidson Logistics, based in Bridgeton, aims to build a state-of-the-art 500,000-square-foot logistics center next to its existing one-million-square-foot facility.
The cost of the center is projected to be between $30 and $40 million.
The business has already begun transforming a disused pharmaceutical production building into a new, cutting-edge warehouse.
A new regional logistics hub is scheduled to be built during the following three years.
Bridgeton will be home to all of the new amenities.
CEO Don Davidson Jr said: “Remodeling of the new facility will create more than 300,000 square feet of warehouse space which our company needs to continue growing.”
“The estimated cost for the project is between $4-$6 million with the number of new full-time jobs created by the facility expected to be one hundred or more.
“Salaries will range between $18-$20 per hour with benefits.”
He continued by saying: “Payroll impact for the new workers will total $3.6 million or more in the first year.
Davidson noted other jobs will also be created by suppliers to Davidson Logistics and the contractors working on the remodeling project, thus creating further financial benefits for the region.
Davidson Logistics focuses on the aerospace industry and counts Boeing, which has multiple manufacturing sites and headquarters in metro St. Louis, as one of its main customers.
Other clients include General Electric and General Motors.
Congresswoman Ann Wagner (R-MO) said: “Davidson Logistics continues to invest and successfully grow a local business that supports our national defense in an essential way. I am confident this expansion will strengthen our region and bolster Missouri families as we all work to come out of the pandemic stronger than before,”