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Press Room >
2004 :
AcroTech Midwest to Relocate to
Watertown
RELEASE DATE:
Thursday, September 9, 2004
For More
Information Contact: Mary Lehecka Nelson, 773-3301
Pierre, SD
AcroTech Midwest, Inc., (AcroTech)
of Riverton, MN, is relocating its operations to Watertown,
SD, a move that will create 125 jobs, Gov. Mike Rounds
announced today, Sept. 9, 2004.
“I am extremely excited to announce that
AcroTech decided to relocate to Watertown. As more and more
manufacturing jobs go off-shore, this announcement reaffirms
South Dakota’s outstanding business climate,” Gov. Rounds
said. “It also helps accomplish the state’s 2010 Initiative
goal of promoting the creation of new businesses in our
state.”
AcroTech is a leading domestic
manufacturer of plastic blow-molded fuel tanks for the
recreational vehicle industry. Their customers include
Polaris, Yamaha and Kawaski, Arctic Cat, Kubota and Club Car.
AcroTech has led this market for five years. “This is a
company with tremendous growth potential,” the Governor added.
Focus Watertown President Richard Benda
said Watertown is thrilled to welcome AcroTech. “We have been
working on this project for many months, and our efforts have
paid tremendous dividends for Watertown,” Benda said.
“Watertown has proven itself as a successful manufacturing
community. AcroTech will capitalize on South Dakota’s
excellent business environment, and on the quality workforce
in Watertown,” Benda noted.
AcroTech will lease a $6 million
building in the Hanten Industrial Park. The building was
designed to fit the company’s needs. The company will invest
more than $10 million in equipment to meet recently adopted
EPA rules to reduce fossil fuel emissions effective for 2008
models of recreational vehicles. New fuel tanks must be in
production by 2007. The equipment necessary for the new
manufacturing standards is quite large. The building will be
designed with extra high ceilings to accommodate the
equipment.
The City of Watertown and the State of
South Dakota have been instrumental in financing, as well as
infrastructure development. “We worked closely with Focus
Watertown and the company to come up with the best financial
package possible,” Rounds said. The City Council and Mayor
Barger were also instrumental in completing this project, the
Governor noted.
AcroTech CEO Robert Levy said the move
to Watertown will enhance AcroTech’s profitability and help
the company be more competitive. “We picked the right state
and community,” Levy said. “When we first narrowed our focus
to South Dakota, we knew it was a good move. Gov. Rounds’
Office of Economic Development and Focus Watertown were
tremendous partners in this project. We determined that
Watertown was the best fit for our business because of the
workforce and the rail spurs already in place. The low utility
costs and Lake Area Technical Institute were also critical
factors in this decision,” Levy said.
The building will be located on 15 acres
in the park, and is ideally located for the business which
will require rail access. “Focus Watertown secured rights for
and completed a rail spur for the Glacial Lakes Energy Ethanol
Plant in 2002,” Benda explained. “We were planning for future
development, as well as meeting needs for the ethanol plant.
The rail access was a key element to AcroTech choosing
Watertown as its new location. It demonstrates how
infrastructure development investment is essential to economic
growth,” Benda concluded.
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