Meade Electric Co. and Chicago Mayor Rahm Emanuel announced the company will move its headquarters from McCook County, Illinois, to Chicago, according to a statement from the mayor's office. The company will move from it's current 68,000-square-foot facility to a currently vacant 178,000-square-foot building on West 62nd Street. Meade purchased the location from International Paper, according to the Chicago Tribune.
Meade was founded in Chicago in 1908 and has grown to employ nearly 2,000 workers from 100 different unions, including pipe fitters, electricians, engineers and bricklayers, who work in projects across 30 states. It's one of the area's largest electrical contractors, according to the Chicago Tribune.
To assist with the move, the city has granted Meade a class 6(b) tax credit, which will go toward renovations on the facility, according to the statement.
The company plans to move 200 administrative employees to the new location, the Chicago Tribune reported.
"I am pleased that Meade, a Chicago-born company is coming home," said Emanuel. "It is a testament to the strength of our manufacturing community and the desire of businesses like Meade to put their faith and investment in Chicago that we can say that our efforts to revitalize an industry once in decline are starting to pay off."
Companies like Meade expanding into bigger spaces should work with manufacturing recruiters to find the most qualified candidates for their open positions.