Pave Guard Technologies and Meyer Companies to Open Solar Technology Distribution Center
LEE'S SUMMIT, MO (April 8, 2010) - Two Lee's Summit companies, Pave Guard Technologies and Meyer Companies, have formed a strategic partnership with plans to open a 20,000 square foot distribution center on Hamblen Road in Lee's Summit. They anticipate the distribution center will be operable in the second quarter of 2010, and will facilitate solar projects throughout the Midwest.
Meyer Companies - a full-service commercial construction and real estate management firm - owns the building, which will be occupied by solar renewable energy company, Pave Guard Technologies. The distribution center will expand Pave Guard's sales and installation services, and will house all of the company's solar technology components including solar panels, rooftop solar systems and solar tracking products - which are offered by Pave Guard's subsidiary company, Solar Link. The companies anticipate creating nearly 25 distribution center jobs, with an approximate annual salary of $40,000. In addition to the building, the companies are making a capital investment of at least $250,000.
"This is a really great story about two Lee's Summit companies in unrelated industries getting together to mutually benefit both businesses," said Pave Guard president and CEO, Corey McDonald. "Since Pave Guard is an emerging business, partnering with a reputable company like Meyer that has been in business for 33 years will help us quickly expand our services."
"We are excited to collaborate with a local company that will add another layer of product and service to our already multi-faceted organization," said Meyer Companies Senior Vice President Loren Williamson. "This allows our clients and building partners to enhance projects and facilities utilizing alternative solutions."
"We are fortunate to have successful businesses at all ends of the spectrum - both established and entrepreneurial - in Lee's Summit," said Teresa Evans, vice president of the Lee's Summit Economic Development Council. "We are very pleased that both Meyer and Pave Guard have chosen Lee's Summit as their home base and that through this partnership their expansion project will remain in Lee's Summit. One of the most rewarding aspects of LSEDC's work is assisting our existing businesses in efforts such as this to help them succeed and grow."
About Pave Guard Technologies
Pave Guard Technologies, Inc.® is a privately owned company that provides real life energy solutions to completely eliminate snow and ice from ever forming on bridges, highways, roadways and parking lots. Pave Guard has national and global ties, and was awarded a contract with the Missouri Department of Transportation earlier this year. Pave Guard is also featured in the March 2010 issue of Roads & Bridges magazine. For more information visit www.paveguardtech.com or contact Corey McDonald at 816.554.7283 or c.mcdonald@paveguardtech.com.
About Meyer Companies
The Meyer Companies provides exceptional construction, development, brokerage, and property management services through its family of companies, including Meyer Brothers Building Company, Fleming West Building Company, Meyer Complete, Fleming Complete and Heise-Meyer, LLC. For more information, visit www.meyer-companies.com or contact Loren Williamson at 816.251.4700 or lorenw@meyer-companies.com.
About LSEDC
The Lee's Summit Economic Development Council (LSEDC), a public-private sector partnership, is the city's designated marketing and product development arm to retain and attract business. LSEDC is devoted to improving the economic well-being of residents and businesses in Lee's Summit. For more information visit www.leessummit.org or contact Jim Devine at 816.525.6617 or jdevine@leessummit.org.
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Jim Devine is 2010 Missouri Professional Economic Developer of the Year
