Replacements Ltd. today announced plans to nearly double the size of its main building in McLeansville, which houses its corporate headquarters, retail store, museum and main warehouse.
The expansion is not expected to initially create more jobs, the company said Tuesday in a news release.
Construction is expected to begin in early November and be done by the 2011 holiday season.
The approximately 200,000-square-foot addition marks the most significant capital investment to date in Replacements’ history, according to the news release.
“Starting a project of this scope in the current economic climate isn’t an easy decision,” company founder and CEO Bob Page said in the news release. “We initially wanted to expand two years ago, but the uncertainty created by the economic downturn caused us to suspend those plans."
The planned expansion comes as the company approaches its 30th anniversary early next year.
It will be the second expansion to the company’s 225,000-square-foot main building, which is at 1089 Knox Road.
Plans include creating a working area of about 425,000 square feet, which is more than seven football fields. The extra space will mainly be used for warehousing operations.
Replacements chose Greensboro-based Samet Corp. as the general contractor for the project, estimated at $7 million.
Replacements sells old and new china, crystal, silver and collectibles.
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