CEC Motor & Utility Services, a re-manufacturer of energy-efficient industrial motors, will locate in Palmetto in 2011, creating at least 36 jobs over the next five years, according to the Manatee Economic Development Council.
CEC Motor & Utility Services, a spin-off of Detroit-based CEC Controls Co. Inc., move into a 21,000-square-foot building in Palmetto. CEC Motor plans to renovate the existing building and invest more than $1.25 million in facility improvements and equipment, according to an EDC news release.
"The highly efficient motors that result from our patented technology and re-manufacturing process are the first of their kind in North America," said Jim Hough, chief operating officer for CEC Motor. "Any user of industrial motors can take advantage of these energy-saving devices. We expect strong sales growth in North America that will drive job creation at our Manatee County location."
CEC Motor considered several other locations, including Atlanta and Detroit, where the parent company has offices. The company also considered locating near test sites for the technology used in the re-manufacturing process.
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"Manatee County's readily available labor pool and the helpful attitude of county government and the EDC attracted us," said Robert Scheper, president of both CEC Motor and the parent company. "We appreciate the assistance with evaluating properties and understanding permitting issues."
The Manatee County Commission approved a total of $126,000 in performance-based incentives for CEC Motor, while the state pledged $72,000. Hough said the company could create as many as 50 jobs over the next five years.
CEC Motor & Utility Services remanufactures high energy efficiency industrial motors for municipal and industrial users of three-phase motors. The company is a spin-off of Detroit-based CEC Controls Co. Inc., which serves the water and wastewater treatment industry with systems integration for industrial and process controls systems.