Sources: Gage Brothers, Sioux Falls, S.D.; CP staff
Gage Bros. is targeting a 2019 opening for an advanced, 210,000-sq.-ft. headquarters operation in Sioux Falls, where it was founded in 1915 and presently has precast/prestressed concrete production spread across 16 buildings on 30 acres.
“We’ve outgrown capacity to the point we’re turning down work on a regular basis,” says President Tom Kelley. “We are celebrating our proud South Dakota heritage, the growing popularity of Gage Brothers products in national markets, our continuing investments in productive technology, and employee owners who are the backbone of our success.”
The new plant will consolidate machinery and employees in a facility spanning 45 acres and increasing structural and architectural precast production capacity about 60 percent. With a projected $40 million price tag, the operation will be primarily financed through Great Western Bank and Gage Bros. Land Company LLC, plus additional funding from the South Dakota Governor’s Office of Economic Development (GOED) and private investors.
“Gage Brothers is a 100-year-old company whose impact on the construction industry reaches far beyond the Sioux Falls-area,” affirms GOED Commissioner Scott Stern. “A $40 million investment in new construction and infrastructure means a lot more than a building—it’s a place where new and existing employees will continue to manufacture a quality product, in a safe and more efficient work environment.”