Posted: Friday, September 30, 2016
By: KEVIN GREEN
The former “Paddock” building at 7565 S. Ind. 109 in Knightstown will soon have a new tenant that intends to employ at least 35 people.
Spectra Premium Corporation, which is headquartered near Montreal, Canada, currently operates a distribution center in Greenfield, but has run out of space. The company had a distribution center on Knightstown’s north side for nearly 20 years, where Hy Flex Corporation is currently located, but moved to Greenfield because more space was needed.
“The building that we’re in over in Greenfield is a 250,000 square foot facility and we’ve maximized our capacity there in just 2-and-a-half years,” Spectra Premium (USA) Corporation Human Resources Manager Mark Mastin said. “We’re looking for some warehousing space because our current building is full.”
Spectra Premium’s manufacturing facilities are in Canada. The company currently operates two distribution centers in the U.S.: one in Greenfield and the other in Riverside, California. The building on Ind. 109, which offers 60,000 square feet, will serve as a satellite warehouse facility and also as the company’s return center.
Spectra manufactures fuel tanks, radiators, heating and cooling components and other items related to the automotive industry.
“Here in the U.S. we are mostly involved in distribution of after-market products, so we basically help supply your big box-type auto parts stores,” Mastin said.
If all goes to plan, the Knightstown site will be operational by the end of October.
Mastin said there were multiple reasons the company chose the building on Ind. 109, including a good working relationship with Knightstown and Henry County in general. He also said there is a good local workforce in the area, which gives the company a chance to expand its employment pool. Spectra was also looking for a building within a 20-minute drive of its Greenfield operation.
“We looked at multiple buildings and this one was available immediately and it suited our needs,” Mastin said. “It was set up for warehousing and its proximity to the interstate makes it easy for us to transport product back and forth between our two local facilities.”
The company is offering current employees the option of moving to the new Henry County site, but Mastin said he anticipates hiring some new people to work at either the current Greenfield location or the new Henry County building at some point.
“Right now, we have 265 employees in Greenfield and we’re looking to move 35 of that 265 here, but that’s not to say I’m going to be able to do that,” Mastin said. “We’re experiencing a rapid growth curve right now, business is good, so this facility affords my Returns Department a much larger space than they currently have and it gives us the potential to grow. As business grows this will grow, so hopefully we’ll be able to add more folks. It’s all going to depend on the business climate.”
Anyone interested in a job will soon be able to complete an application at the Knightstown site, at the current Greenfield location, or online at www.spectrapremium.com.
“We’re looking for hard working people who want to show up for work every day and on time, who are willing to put in a good days work for a decent wage,” Mastin said. “A clean criminal background is also a priority for us.”
Local economic development officials are pleased the building on Ind. 109 is being put to use.
“It’s a beautiful building in a great location and I’m glad to see it leased,” New Castle-Henry County Economic Development Corporation President and CEO Corey Murphy said. “I’m glad it’s soon to be operational and that there’s activity down there. It’s good for that part of the county.”
Mastin said he and other company officials are excited about returning to the Knightstown area and are looking forward to getting the new facility up and running.