Dermody Properties (DP), the parent company of DP Partners, has announced an agreement with Winpak Portion Packaging, Inc. – a multi-national packaging manufacturing company – to develop a 267,000-square-foot manufacturing facility in the DP LogistiCenter at Sauk Village, Ill.
Winpak Portion Packaging employs approximately 200 people and currently operates a manufacturing facility in nearby South Chicago Heights producing plastic cups and trays for food and beverages as well as other packaging.The new facility will be an expansion of the manufacturer’s local operations and will create 40 jobs once the facility is complete in spring of 2012, with more jobs in the future based on Winpak’s plans to expand the facility to a full 600,000 square feet on the 28 acre site.
The State of Illinois provided a $1.6 million business investment package to Winpak Portion Packaging to help fund the new state of the art manufacturing facility at 1111 Winpak Way, which complements the company’s $30 million investment for land, building and equipment.
Andy James, Dermody Properties’ Midwestern Regional Partner in Chicago, and John Atwell, COO of DP, were the Dermody Properties team members who consummated the transaction with Winpak. Justin Fierz and Brian Vanosky of Lee & Associates represented Winpak, and George Cibula and Ryan Hanley of Darwin Realty represented DP. Principle Construction is the general contractor for the build to suit facility.
Winpak chose DP’s LogistiCenter at Sauk Village because of its proximity to Winpak’s South Chicago Heights location as well as the rail hub access for potential future rail shipping needs.
LogistiCenter at Sauk Village is a 325-acre Class A business park, located approximately 29 miles due south of downtown Chicago in suburban Cook County. It is bounded by Illinois state highway 394 on the east, Cottage Grove Avenue on the west, Sauk Trail on the south and the CN on the north. Located within the heavy industrial Calumet Expressway Corridor, the park has immediate access to IL 394 and is within six miles of I-80/I-94, making it an ideal location for serving the tri-state area of Illinois, Indiana and Michigan.
