By Wally Kennedy
Globe Business Writer
CARTHAGE, Mo. - From U.S. Highway 71 on the west side of Carthage, the towering white box looms like a massive refrigerator.
That description fits more than its appearance. The new 150,000-square-foot distribution center for Schreiber Foods Inc. is a giant cooler for its cheese products.
"Everything is refrigerated, but the office,'' said Deborah Van Dyk, corporate spokeswoman for the privately held, Wisconsin-based company.
The company started shipping from the $27 million center on May 15. The center should be fully operational by the end of June after system operations are verified, she said.
On an average day, the center will manage 100 truck shipments. To help handle that traffic, the city and state are to begin construction in December of a new interchange at Highway 71 and Fairview Road.
The Fairview interchange, a longtime goal of city leaders in Carthage, will be financed by a Community Development Bloc Grant, plus a $1 million federal grant, and another $1 million in state and city money that have been earmarked over a period of years. The Missouri Department of Transportation has acquired the right of way for the project.
The center is 128 feet high and will add approximately 50 jobs to Schreiber operations in Carthage. The company has operated a cheese plant in Carthage since 1945.
City and Carthage Chamber of Commerce officials worked with Schreiber for nearly two years on planning for the center, including the expansion of the city's enterprise zone and annexation of company-owned property.
"Fairview, that's what we call it, is our largest distribution center in the United States,'' said Van Dyk. "The site was selected based on our customer base as well as the enthusiasm from the community and the state.''
In Missouri, Schreiber operates two plants at Clinton, and one each at Monett and Mount Vernon.
By Wally Kennedy
US stocks drift lower as Ukraine tensions fester
Stocks were directionless in late-afternoon trading Friday as tensions built in Ukraine, where the region of Crimea was preparing for a referendum on whether to split away and become part of Russia.
US employers add 175K jobs despite harsh weather
U.S. employers stepped up hiring in February despite a blast of harsh winter weather, renewing hopes that the economy could accelerate this year.
US rig count up 23 to 1,792
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by 23 this week to 1,792.
Ukraine oligarchs get key posts in bid for unity
In a surprising move after Russia flexed its military might in the Crimean Peninsula, Ukraine’s new leadership has reached out to oligarchs for help — appointing them as governors in eastern regions where loyalties to Moscow are strong.
Chevron pizza ’scandal’ isn’t one in small town
Critics are raging after an energy giant offered pizza coupons to a community near a natural gas well that exploded last month, killing a worker.
Stocks are mixed despite strong US jobs report
Stocks were wavering between small gains and losses early Friday after the government reported a pickup in hiring last month as well as a slight increase in the unemployment rate as more people started looking for work.
2-year extension offered for canceled health plans
Warding off the specter of election-year health insurance cancellations, the Obama administration Wednesday announced a two-year extension for individual policies that don’t meet requirements of the new health care law.
US companies spend heavily on big mergers in 2014
So far, 2014 is looking like the year of the big deal.
Approved! Bank loans to small business on the rise
The email from the bank was unexpected. Laura Benson got an increase in her small business credit line.
Stocks settle down after big swings on Ukraine
Calm returned to the stock market Wednesday after two days of volatile trading.
- More Business Headlines
- US stocks drift lower as Ukraine tensions fester