Raceway Technology and the Port of Quincy have broken ground on a new manufacturing building in Quincy. Raceway Technology manufacturers PCV joints for underground utility lines for power, telephone, fiber and other electric systems. The company plans on employing 50-60 employees at the Quincy site, and have already set up the management team for Quincy.
Raceway Technology first contacted the Grant County Economic Development Council (GCEDC) in October of 2015. The company started the site selection process within the State of Washington since expanding in Tacoma was becoming harder to do.
“Being close to their first location was important to Raceway, as well as a location that had inexpensive power rates. Then as they continued to look into the area through site visits, they were hooked on the quality of life in Grant County.” Said Emily Smith, Business Recruitment Manager of the GCEDC. “They liked what Quincy had to offer, and the Port of Quincy quickly took the lead.”
The new building will be built by the Port of Quincy on a twenty year bond and leased to Raceway Technology. Raceway Technology expects to start production by the end of 2019 and plans to purchase the ground after the bond is done.
“This project was a great collaboration of Grant PUD, GCEDC and the Port of Quincy. We all worked hard to make sure that Raceway had what they needed to choose Grant County as their next home. We are very excited to have Raceway join our family of businesses in Grant County to continue to grow our economy.” Said Smith.