The Wirt-Rivette Group, a development, financing and consulting firm, recently finalized facility expansion plans for an automotive and industrial fastener, tool and supplies distributor located in the Commerce Centre Industrial Park in Buena Vista, Michigan.
The building and planned expansion is owned by BV Spec, L.L.C. This organization is an affiliate of The Wirt-Rivette Group. BV Spec has broken ground on the new 50,000 square foot warehouse expansion project for the Texas-based Winzer Corporation.
Winzer’s current Saginaw distribution center is approximately 45,000 square feet. After the expansion, BV Spec, L.L.C. and The Wirt-Rivette will have increased the facility to approximately 95,000 square feet. In addition to increased operational capabilities, the expansion will add new job opportunities as Winzer’s presence continues to grow in the region.
Approximately $2.5 million dollars will be invested in the project. Financing for the project is being provided by FirstMerit Bank.
The expected completion date for Winzer’s distribution center expansion is set for June 19th, 2016.
Winzer’s history in the Saginaw area began in 2007, when the company acquired Valley Industrial Products in Bay City. Growth potential in the Great Lakes and Midwest regions heavily influenced Winzer’s subsequent decision to open the Saginaw distribution center. The facility supports more than 35,000 Winzer customers, a number expected to further increase with the company’s acquisition of Perfect Products in Clinton Township last year.
The Wirt-Rivette Group provides integrated lease/financing solutions to businesses around the country. Their integrated programs include: equipment leasing, property financing and development, senior care and housing, as well as business growth and strategy consulting. The group is headquartered in Saginaw, and has offices in Grand Rapids and Chicago.
For more information regarding this project, please contact Clarence Rivette or Eric Finnigan from The Wirt-Rivette Group. 616-229-0658