Plans to Purchase New Spec Building and Two Additional Sites in Tiffin
TIFFIN, OHIO – July 21, 2023 – Today, The Tiffin-Seneca Economic Partnership announced
Aldridge Electric, a renowned electrical construction company, will be locating a new facility in Tiffin, Ohio. Aldridge Electric will occupy 20,000 square feet of the 50,000 square foot speculative building, recently completed by Clouse Construction at Eagle Rock Industrial Park. In addition, AFLP LLC, an affiliate company, is set to acquire two additional sites within the same industrial park, signifying an unwavering commitment to future growth and investment in the region.
Aldridge Electric's decision to establish a foothold in Tiffin comes as a strategic move to capitalize on the city's vibrant business environment, skilled workforce, and top-line infrastructure. The 50,000 square foot speculative building in Eagle Rock Industrial Park provides the ideal platform for Aldridge Electric to expand its operations and serve a broader clientele in Northern Ohio.
"We are delighted to welcome Aldridge Electric to Tiffin," said Mayor Dawn M. Iannantuono. "Their choice to invest in our city reaffirms Tiffin's position as a prime destination for businesses seeking growth opportunities. We look forward to forging a strong partnership with Aldridge Electric and witnessing the positive impact their presence will have on our community."
President Robert Guarnaccio of Stout Development Services, Inc., the development arm of AFLP LLC, expressed equal enthusiasm about the upcoming venture, stating, "This move is a significant milestone for Aldridge Electric. We are excited to become a part of Tiffin's thriving business landscape and contribute to its economic growth. With this strategic expansion, we aim to better serve our clients in the region and leverage the abundant talent pool here to drive innovation in the electrical construction industry."
Stout Development Services, Inc. and AFLP LLC's decision to acquire two additional sites at the Eagle Rock Industrial Park signals their confidence in the region's potential for sustained growth and development. This dual investment further solidifies the company's dedication to supporting the local economy and fostering long-term business relationships in Seneca County.
Aldridge Electric's presence in Tiffin will not only create job opportunities for the community but also stimulate economic growth and development across various sectors. The project represents a vital step towards the shared goal of fostering sustainable business expansion within Seneca County.
The company is excited to embark on this new chapter and looks forward to establishing a strong and lasting bond with the community and local businesses.
About Aldridge Electric:
Aldridge Electric is a renowned electrical construction company committed to delivering innovative solutions for the power and transportation industries. With a rich history spanning over 70 years, the company takes pride in its expertise, commitment to safety, and dedication to client satisfaction. Aldridge Electric's expansion to Tiffin, Ohio, is a testament to their vision for future growth and continuous success in the electrical construction sector.
About the Tiffin-Seneca Economic Partnership
Started in 1983 as the Seneca Industrial and Economic Development Corp. (SIEDC), the Tiffin-Seneca Economic Partnership is a private, non-profit corporation dedicated to driving positive economic, downtown, and community development in Tiffin and Seneca County, Ohio, which consistently ranks among the top communities nationally for economic development. Learn more about the great things going on in Tiffin and Seneca County at www.tiffinseneca.org.