October 2, 2012
Updated Oct 3, 2012 at 9:38 PM CST
TAZEWELL COUNTY, Ill. -- Excel Foundry and Machine has been named recipient of the 2012 Growth and Innovation Award.
The award, presented Wednesday by the Economic Development Council for Central Illinois, is given to a company that makes significant contributions to the community as well as demonstrates success and growth.
The 2012 Tazewell County Growth and Innovation Award was presented to Excel Foundry and Machine following a Ribbon Cutting Ceremony celebrating the completion of phase one of the Wagonseller Road project on Wednesday morning.
Earlier this year, Excel Foundry announced plans to invest $15 million in plant expansions and create 100 new manufacturing and engineering jobs in the Greater Peoria region. The expansion also means over $2 million in road improvements near the facility.
Excel President and CEO Doug Parsons says this type of expansion doesn’t happen without a lot of help from people throughout the region.
“We thank the EDC for helping with the growth plans we have put in place," said Parsons. "Excel is excited to be growing and we continue to look for more workers to support our growth.”
The 2012 Peoria County Growth & Innovation Award was presented September 13 to CPO (Comprehensive Prosthetics & Orthotics) Group Holdings LLC.