Email Address:
 
Password:
 
PBC Linear Company Logo
LINEAR MOTION SOLUTIONS
TOLL-FREE 1-800-962-8979
 
PBC News Logo

PBC Linear Celebrates Ground Breaking For New Facility

June 08, 2018 - Rockford, IL  -  Posted by PBC News

PBC Groundbreaking Ceremony

On Wednesday, June 6, PBC Linear was joined by Winnebago County Chairman Frank Haney, South Beloit Mayor Ted Rehl, Senate aide to Dick Durbin Awis Quartey, and representatives from Alpine Bank and The LandMark Group Companies to celebrate PBC’s groundbreaking ceremony for its new manufacturing facility.

PBC Groundbreaking Ceremony Group

Chairman Frank Haney immediately thanked the Schroeder family for their investment and loyalty to families within the community saying, “If we’re going to be where we want to be in the future, we need to retain talented folks. To do that we need our employers in a position to be growing and attracting this talent back to our community.”

South Beloit Mayor Ted Rehl added his genuine comments proclaiming, “I am really giddy, because this is a big deal.” He reminded the crowd that, “The quality of community is not just the number of factories, but it’s the quality you have within those entities.”

Mayor Rehl

PBC Linear President and CEO Robert Schroeder, stated that when he founded the company in 1983, Rockford had the highest unemployment in the nation. He added, “Regardless of what happens in the economy and throughout the world, if you have dedicated people, you can make things happen, and that’s what we do here.”

PBC Linear’s investment in the future will allow for the expansion of its assembly capabilities, as well as added warehousing and shipping capacity. Its aim is to not only increase profits and remain a global competitor, but also retain and nurture skilled workers. “It’s helping us secure our company’s future by helping retain our more than 220 employees,” spoke Vice president and Chief Operating Officer Tom Schroeder. “We’re also using a lot of local contractors so there will be jobs provided with the construction.”

PBC Groundbreaking Ceremony Group 15 years

It’s all about timing

PBC Linear President and CEO Robert Schroeder praised the recent corporate tax rates and rules that were part of the Tax Cuts and Jobs Act recently approved by Congress. Vice president and chief operating officer Tom Schroeder added, “We are taking advantage of the Trump administration’s tax incentives and investing $10 million over the next two years in building and equipment to ensure that PBC Linear will be a staple in the greater Rockford community.”  Jonathon Schroeder added, “In getting the support, it just shows that the government at all levels is really tied to manufacturing in America. That’s really important for businesses like us.”

PBC Groundbreaking Ceremony Public Officials Break Ground

Building on a strong foundation

The new, state-of-the-art building will include over 66 thousand square feet of space, and will be divided between an optimized manufacturing floor, supporting offices and mezzanine, and a cafeteria. The expenditures for the new construction will reach $6.25 million, with the project scheduled to be completed during the 4th quarter of 2018. Within both the current and new facilities there will be additional investments in machines and equipment, spanning the next two years and totaling $3.75 million. The increased efficiency and productivity through these investments will help PBC Linear to further meet growing industry demands and remain a strong manufacturing presence for years to come.

Related links and Content

http://www.rrstar.com/news/20180606/pbc-linear-to-invest-10m-in-south-beloit

http://www.wrex.com/story/38366872/2018/06/Wednesday/pbc-linear-manufacturing-breaks-ground-on-multi-million-dollar-expansion

https://rockfordil.com/2018/06/06/pbc-celebrates-groundbreaking-for-new-10-million-facility-expansion/

http://www.mystateline.com/news/pacific-bearing-to-invest-10-million-in-roscoe-expansion/1222974006

http://www.wifr.com/content/news/Roscoe-company-breaks-ground-on-new-facility-484781891.html

http://www.beloitdailynews.com/news/20180607/10_millionexpansionproject_set

 
 

 

blog comments powered by Disqus

Blog Posts:

Join Our Newsletter

 

Get our latest news and updates

Product Sample

Sign up for free product samples to evaluate with your application!

Product Sample
 
PBC Linear | 6402 Rockton Road, Roscoe, IL 61073 | P. O. Box 6980, Rockford, IL 61125-6980 | Toll-Free (800) 962-8979 | Fax: (815) 389-5790

© PBC Linear - A Pacific Bearing Company | All Rights Reserved.

Site Map | Contact Us | Terms & Conditions | Purchase Order Terms | Privacy Statement | Return Goods Policy | ROHS Certification | India Steel | Conflict Minerals