A Chesterfield company that handles some heavy machinery is getting a major upgrade.
Integrated Global Services recently bought a 70,000-square-foot building near the Chesterfield County Airport. That’s more than double the size of its current Midlothian facility on Oak Lake Boulevard, president Rich Crawford said.
“This is it,” Crawford said. “This is going to be the global headquarters of our company for at least the next 15 to 20 years.”
IGS installs custom metallic coating and welding on commercial equipment to help prevent corrosion. Its clients include Southern Company, Chevron, Shell and Duke Energy.
The company spent about $1.5 million to purchase the building at 7600 Whitepine Road in the Chesterfield Airpark, and Crawford said it plans to invest an additional $1.7 million in the renovation. The expansion will allow IGS to house more production equipment and double the size of its laboratory.
The company was founded in 1980. Mangrove Equity Partners, a private equity group based in Tampa, Fla., acquired IGS in 2010.
Since the Mangrove deal, Crawford said, IGS’s number of full-time employees has climbed to 80, and the company has expanded its presence overseas.
Crawford said they’ve worked with businesses in about 30 countries and have offices in Japan and South Africa.
“When I took over the business from the founder about four years ago, I had a sense it could achieve these kinds of results,” Crawford said. “But this exceeds my expectations.”
Price Studios designed the new IGS space, and W.E. Bowman will handle the construction.
A Chesterfield company that handles some heavy machinery is getting a major upgrade.
Integrated Global Services recently bought a 70,000-square-foot building near the Chesterfield County Airport. That’s more than double the size of its current Midlothian facility on Oak Lake Boulevard, president Rich Crawford said.
“This is it,” Crawford said. “This is going to be the global headquarters of our company for at least the next 15 to 20 years.”
IGS installs custom metallic coating and welding on commercial equipment to help prevent corrosion. Its clients include Southern Company, Chevron, Shell and Duke Energy.
The company spent about $1.5 million to purchase the building at 7600 Whitepine Road in the Chesterfield Airpark, and Crawford said it plans to invest an additional $1.7 million in the renovation. The expansion will allow IGS to house more production equipment and double the size of its laboratory.
The company was founded in 1980. Mangrove Equity Partners, a private equity group based in Tampa, Fla., acquired IGS in 2010.
Since the Mangrove deal, Crawford said, IGS’s number of full-time employees has climbed to 80, and the company has expanded its presence overseas.
Crawford said they’ve worked with businesses in about 30 countries and have offices in Japan and South Africa.
“When I took over the business from the founder about four years ago, I had a sense it could achieve these kinds of results,” Crawford said. “But this exceeds my expectations.”
Price Studios designed the new IGS space, and W.E. Bowman will handle the construction.