Growth: Southeast News

Growth Southeast News curated each weekday for AL, FL, GA, KY, MS, NC, SC and TN about expansions and new construction projects…

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022421February 26, 2021

 

Design-build and precast, prestressed specialist Finfrock expects to invest upward of $40 million in production facilities and administrative offices at Glades Gateway Commerce Park in Belle Glade, Fla. An advanced satellite to the producer’s flagship located just north of Orlando, the 140,000-sq.-ft. operation will better serve commercial developers in Palm Beach, Dade and Broward counties as well as in Southwest Florida, while also bringing jobs and economic stimulus to the region.
Plant rendering: Finfrock

“We are excited about the prospect of being part of the Belle Glade community,” says Finfrock CEO Allen Finfrock. “We have been working closely with city and county officials to help bring this project to fruition. If the project continues as planned, we hope to break ground on the new facility in 2021.”

“We are looking forward to expanding our presence in the South Florida market through our commercial, multifamily and mixed-use projects,” adds Finfrock President Bill Finfrock. “[We have] already designed, manufactured and constructed more than 40 parking garages in the tri-county area, but this new project will broaden our reach to a larger share of the market.”

The Palm Beach County Board of County Commissioners will vote early next month to approve economic incentives for Finfrock, which has committed to creating more than 200 higher-wage jobs in the Belle Glade district over the next 10 years. The total five-year economic impact to the region is estimated to be at least $242 million.

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