Springfield Business Journal_2020-11-02

S P E C IA L I Z E D S E RV I C E S • Structural Engineering • Forensic Engineering • Building Enclosure Consulting • Testing S T R U C T U R E D O N E R I G H T . B R I N G I N G E X P E R I E N C E , I N N OVAT I O N , A N D C L A R I T Y T O YO U R M O S T C HA L L E N G I N G P R O J E C T S . 417.866.6664 millerstructures.com 22 · SBJ.NET NOV. 2-8, 2020 SALUTE TO CONSTRUCTION Elevating Branson $245K pledged for housing project by Geoff Pickle · gpickle@sbj.net After development of Elevate Branson’s tiny homes community started in earnest in August, the nonprofit has quickly se- cured $245,000 in pledges. Nonprofit founder Bryan Stallings said seven donors, at $35,000 apiece, have committed funds for the 48-unit Elevate Community development that’s underway on 5 acres just north of the nonprofit’s 310 Gretna Road campus in Branson. Elevate Branson is seeking $35,000 sponsorships to cover the cost of the 400-square-foot houses, according to past Springfield Busi- ness Journal reporting. Elevate Branson held a ceremony Oct. 28 to recognize a $35,000 contribution from Springfield resident Kathy Krudwig. The sponsorship donation was made in honor of her late husband, George Krudwig, who served as a U.S. Marine during the Vietnam War, according to a news release. Stallings noted Kathy Krudwig has previously vol- unteered with Elevate Branson. “So many of our country’s brave military men and women experience homeless- ness and other struggles, including PTSD and the risk of suicide, after they return from service overseas,” Krudwig said in the release. “Community support plays an essential and invaluable role in helping homeless veterans reclaim their lives as contributing members of society. “I am very grateful to Elevate Branson for this opportunity to honor George and help others who served our country as he did.” Elevate Community is designed for those who are on a fixed income living at or below the poverty line – some of whom live in extended stay motels. Elevate Bran- son officials say work and apprenticeship opportunities also would be available for residents. Krudwig’s donation joins the first $35,000 pledged from Arvest Bank that was announced in September. Stallings declined to name the five other donors, as presentations currently are being sched- uled. If all 48 homes were sponsored, it would equate to nearly $1.7 million. SBJ previ- ously reported Elevate Branson also is seeking grant funding to cover some $2 million worth of infrastructure costs for the development, with some of the spon- sorship funds going toward that purpose. The project calls on two phases with 24 homes apiece. Phase I is expected to open next year, followed by Phase II in 2022, ac- cording to past reporting. Neosho-based Village Home Builders is manufacturing the homes. A model 400-square-foot house is tem- porarily located in the parking lot of Ele- vate Branson’s campus to promote Elevate Community. SRC Logistics opening Illinois plant by Geoff Pickle · gpickle@sbj.net SRC Logistics Inc. is opening a new plant in Joliet, Illinois. The more than 1 million-square-foot fa- cility is the first for SRC Logistics outside of Missouri, said Amber Hall, spokesperson for the SRC Holdings Corp. subsidiary. SRC op- erates two other plants outside of Missouri: a NewStream Enterprises LLC facility in Joliet and SRC of Lexington Inc. in Kentucky. Hall said the building was developed by an undis- closed international automotive brand, for which SRC Logistics is managing the logis- tics of used components called cores – used in remanufacturing. SRC Logistics is scheduled to start hiring this month, with over 100 jobs expected to be created in the next year in Joliet, according to a news release. The company, along with other SRC subsidiaries, works in the reman- ufacturing industry. Officials say the plant has the capacity to process 1.8 million pieces of core annually. Like other companies under the SRC um- brella, the new plant will employ The Great Game of Business open-books management system created by SRC CEO Jack Stack. “Our goal is to create a business of busi- nesspeople who think, act and feel like own- ers,” said Eric Lindgren, general manager of SRC Logistics-Illinois Inc., in the release. “Employee-owners use what they have learned at SRC to build their communities and a stronger future. “That’s what we want for Joliet.” provided by SRC LOGISTICS INC. SRC Logistics plans to hire more than 100 employees at its new 1 million-square-foot facility.