Romeoville trustees signed off on an incentive agreement with a manufacturing company on Jan. 15 that plans to relocate its business to the southwest suburb.
Magid Glove & Safety Manufacturing Co., LLC, which has been located in Chicago since 1946, will receive a sales tax rebate for a total of 20 years, including 75 percent of all sales taxes it generates for 13 years and 50 percent of sales taxes for the remaining seven years, according to documents.
The company manufactures and supplies personal protective equipment, such as protective clothing, and employs 400 people who will be working at the new factory site in Romeoville.
Documents indicate that Magid is attempting to purchase a 700,000-square-foot building space located at 1300 Naperville Road.
"The village is really working hard to bring manufacturing companies to the community," Village Manager Steve Gulden said. "This fits right in line with that." Gulden said most of the company's employees live in Chicago and added that many will be taking public transportation to get to the new location.
Trustees also gave their approval on two new warehouse concept plans. One of the plans calls for the construction of a 229,870-square-foot warehouse building on 34.6 acres near Airport Road and Southcreek Parkway. The adjacent Aryzta facility wants to build the new warehouse with plans to store its food products there.
The plan also calls for adding 182 car parking spaces, 50 trailer parking spaces and 20 trailer staging spaces. The company plans to include a foot bridge to connect the existing building with the new buildings. It is unclear when construction on the property will begin.
The final project calls for a new 324,115-square-foot speculative industrial building on a property near Lakeside Drive and Enterprise Drive in the Marquette Business Park. Duke Realty wants to purchase the site and to demolish the existing Panduit building that is now vacant.
The new building will include 90 loading docks and 245 parking spaces on the north and south sides of the building. Duke will also construct two on-site detention basins. Company officials said they hope to start demolition and construction on the new building this spring.