MID-SOUTH WIRE WILL OPEN NEW PLANT IN SCOTT CITY

A manufacturing company who is a major supplier to Rubbermaid in Jackson will locate  in Scott City. Tom Kelsey, commercial broker with Lorimont Place, Ltd. confirmed the sale of the Penzel Warehouse and that it will be the new home to Mid South Wire Company, a Nashville based company.  

Kelsey said the 100,000 square foot warehouse owned by Penzel Trust and located at 503 Main Street in Scott City is situated on 10 acres of property complete with its own railroad spur.  He said the company would utilize the railroad and the SEMO port facilities for incoming product.  No sales price was announced but the Lorimont website shows a $1,600,00 price for the property.  

The company is a major supplier to Rubbermaid in Jackson and this new manufacturing facility would enable them to increase their business and give better on-time delivery with the closer location.  Kelsey said Arrowhead Steel is a present tenant in the building and plans were for them to remain in a portion of the building.  

Mid South Wire founded in 1967 is a family owned business and they expect to grow to 50 employees at the new Scott City facility.  They also have their own trucking fleet and will use this location as their logistics hub.  

Mitch Robinson, director for Cape Girardeau Area Magnet was also involved in the recruitment of the company to come to the area said, “ We are pleased to welcome a new manufacturer that will benefit our entire region.  This partnership that Mid-South Wire has with Rubbermaid helps in our efforts for workforce retention  and the creation of new jobs for both companies”  

Tim Porch, Scott City’s Mayor also was elated to have a new industry in town said “new jobs in our community is always a big deal for the city.  We are elated that this family owned company selected our town to locate to”.  

Kelsey said the industrial building market has been very active in recent times beginning with the sale of the 260,000 square foot former Supervalu building, also in Scott City to Buchheit’s.  His company also handled the sale of the 75,000 square foot former Columbia Sportswear property at Chaffee and the 103,000 square foot warehouse building in Jackson purchased by ISI Recycling.  Last week a sale closed on the former  50,000 square foot Media Press building in Sikeston that will be utilized for contract warehousing.  

Mid-South Wire is already moving ahead with modifications on the building.  They announced they expect to start with 25 new jobs and increase that to 50 within two years.