Caldwell Purchases Beloit Office Building

The 53,000-square-foot building becomes the material handling and lifting equipment manufacturer’s third facility, with two existing sites in nearby Rockford, Illinois.

The site, on State Street, includes a three-story property on one side and a two-story structure on the other. It is connected by additional office space, as well as the electrical and heating, ventilation, and air conditioning (HVAC) infrastructure that supports the facilities.

Administrative workers — including finance, sales, marketing, and some engineering support staff — have moved from the manufacturing plant to the new location. The move will help facilitate growth, as the company has increased the overall workforce from 120 full-time employees to nearly 200 in the past year.

Caldwell is in the process of adding finishing touches, like signage and security systems. It represents something of a homecoming for Stitt — a former South Beloit High School and Beloit College graduate.

To some extent, the relocation is a legacy of the Covid era — for two reasons. First, as expanding administrative teams returned to the office, it was apparent that the business had outgrown the existing facilities. Second, the company has become more adept at working remotely.

New training facilities chime with Caldwell’s ongoing commitment to continuous professional development (CPD) and education.

For more information, visit https://www.caldwellinc.com.