The company plans to invest $6 million in a 20,000-sf office and plant structure near Groveland, FL, 25 miles west of Downtown Orlando.County officials say PERI Formwork Systems Inc. has outgrown its 2.5-acre plant in Orlando. PERI wants to open a Southeast/Caribbean regional office at the Lake County site with 25 employees and grow the staff to 45 over several years.
The company is formally asking the Lake County Industrial Development Authority March 13 for permission to buy the land. The county commission meets March 18 to review the request. If approved, the new plant expects to break ground by July with completion anticipated by year end 2004.
The 11-year-old Lake County industrial park has shown a strong growth curve, attracting national retailers and competing fiercely with higher-price industrial complexes in Orlando, Lake brokers tell GlobeSt.com.
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