The Racine County Economic Development Corporation announced last week that Grand Appliance and TV is planning to move its corporate headquarters from Zion, Illinois, just north of Waukegan, to Sturtevant, Wisconsin.
The move will cost an estimated $8 million including the building of a new corporate headquarters. The move will bring about 142 jobs to Sturtevant over the next three years, including 120 jobs that the company will be moving from Illinois, and an additional 20 new jobs.
Company President Mark Reckling said, “Southeast Wisconsin provides an ideal location that supports Grand Appliance and TV’s growth plans.”
The company has 20 stores with 300 employees throughout Illinois, Iowa and Wisconsin. There are five outlets in the Chicago area.
On March 7 the village of Sturtevant will decide if it should contribute $450,000 to Grand Appliance and TV to help fund the project. The money would come through a tax incremental financing district.
The new headquarters will be constructed at the Renaissance Business Park east of Interstate 94. It will be 137,000 square-feet, the majority dedicated to warehousing. The new facility will also include and consolidate two distribution centers Grand Appliance runs already in Sturtevant, as well as the corporate headquarters.