Milwaukee-based Phoenix Investors announced Corteva Agriscience will be the the new tenant of their property in Galesburg. The facility is a former Maytag building located on Monmouth Boulevard. “Corteva will use (the site) as a regional distribution hub for its agricultural products,” Phoenix Chairman & Founder Frank Crivello said. Read the full article at The Register-Mail.
American agricultural and seed company Corteva Agriscience will occupy the former Maytag facility in Galeburg, owned by Phoenix Investors. Phoenix has already started on building renovations; Corteva plans to occupy and open the facility this fall after renovations are complete. Read the full article at The Register-Mail.
When China joined the World Trade Organization in 2001, many American companies abandoned their U.S.-based manufacturing operations in pursuit of China’s robust manufacturing capabilities and cheap labor. This manufacturing exodus ultimately caused a severe decline in the capacity and capability of the American manufacturing sector. Labor trends have since shifted away from trade work in favor of college educations, resulting in a skilled worker shortage for manufacturers across all industries. Once-vibrant American factories have fallen into severe disrepair and contributed to urban blight across the ... Read More