HydraForce has announced major expansion plans with a 142,000-square-foot Innovation and Technology Center in The Corporate Woods, Vernon Hills. HydraForce, headquartered in Lincolnshire Corporate Center, with facilities in China and the United Kingdom, is adding the Vernon Hills facility at 700 Woodlands Parkway as its Innovation and Technology Center. HydraForce will move over 100 engineering, sales and marketing staff to the new location, which will be the epicenter of the company’s product research, development and testing efforts.
“This facility will support HydraForce’s long-term commitment to optimizing quality, service, response and growth,” said Jim Brizzolara, HydraForce president and CEO. “It is the most significant investment in the history of our company and will allow us to bring new hydraulic, electronic and electro-hydraulic system technologies to market better and faster than anyone else in the world.”
“This deal represents the sixth HydraForce expansion and third building in our corporate parks,” said Chuck Lamphere, president, Van Vlissingen and Co., developers and managers of Lincolnshire Corporate Center and The Corporate Woods.
Dan Tobin of CTK Chicago Partners represented HydraForce and Chuck Lamphere and Nick Panarese of Van Vlissingen represented the landlord and owners in the transaction.