By Tony Wittkowski | Business Reporter | The Herald-Palladium
ST. JOSEPH — Shepherd Caster Corp. is adding a new distribution center in St. Joseph Township as part of its upcoming expansion project.
Shepherd Caster parent Colson Group Inc. will invest more than $1.5 million toward the 110,000-square-foot distribution center. The center is expected to add 50 jobs to the caster company.
Greg Vaughn, Cornerstone Alliance’s chief operating officer and vice president of Business Development, said in a written statement they have been working with Shepherd Caster on its proposed expansion project since October 2014.
“The expansion of Shepherd Caster Corporation, the creation of 50 new jobs and the sizeable investment reflects the confidence the company has in our community,” Vaughn said in the statement.
The St. Joseph Township location was chosen over other competing domestic and foreign locations. Shepherd Caster’s building is at 203 Kerth St. in the city of St. Joseph.
The Michigan Economic Development Corp. awarded Shepherd Caster with a $350,000 Michigan Business Development Program performance-based grant as an incentive to add on to its existing location in St. Joseph Township.
The expansion came as a collaborative effort between the MEDC, Michigan Works!, Cornerstone Alliance and St. Joseph Township.
The township offered support to the project in the form of property tax abatement.
St. Joseph Township Manager Tim Fenderbosch said he learned of the caster producer’s intent Wednesday.
“I think it’s wonderful,” he said. “I always like to see our businesses grow and prosper. They are a great company, and we are looking forward to them moving in.”
The new distribution center is expected to increase efficiencies in the global distribution processes, minimizing transportation costs and lead time, Cornerstone Alliance said in a release. Colson Group Inc. is the largest maker and marketer of caster and wheel products in the world and owns 23 plants in 11 countries.
The distribution center is scheduled to be operational by September 2015. Calls and emails made to Shepherd Caster and Colson Group were not returned in time for print.
(Author’s Note: This article was originally published on July 16, 2015)