Governor Jack Dalrymple broke ground today on a new facility for Phoenix International, a John Deere Company, and to congratulate the company on its expansion that will bring new jobs and economic opportunities to the region. The event was held on the site of the company’s new facility north of 19th Avenue.
Deere & Company is investing $22 million in the project, which is scheduled for completion in November 2012. The 90,000 square-foot building will provide additional office space for Phoenix International’s growing engineering staff and will enable the company to continue expanding its power electronics capabilities. The new structure will increase the total number of Phoenix International facilities in the Fargo area to six, with a footprint of more than 300,000 square feet. Phoenix currently employs more than 900 people and the expansion will create an estimated 60 new jobs by 2017.
“Phoenix International has been at the forefront of North Dakota’s growth and success for more than two decades and has contributed to our strong and diversified economy,” Dalrymple said. “This expansion not only represents additional jobs and opportunities for Phoenix International and our state, but it reflects our positive business climate and the growth and development that are continuing to set North Dakota apart from the rest of the nation.”
Phoenix International was founded in Fargo in 1987, and in 2001, became the cornerstone tenant of North Dakota State University’s Research and Technology Park with the building of its New Product Introduction Facility. Since its founding, the company has utilized state programs such as the North Dakota Development Fund, the Bank of North Dakota PACE Program, the North Dakota New Jobs Training Program and the North Dakota Workforce 20/20.
According to Dalrymple, Phoenix International joins an impressive list of North Dakota companies that have recently announced expansion and job growth plans, including Amazon, Monsanto, Cargill, Caterpillar and WCCO Belting.
Phoenix International designs and manufactures custom electronics developed to withstand severe temperatures, humidity, vibration and other harsh conditions. Phoenix provides electronics worldwide for John Deere’s agricultural, construction, forestry and power systems products, as well as for original equipment manufacturers in other industries ranging from material handling to on-highway trucking. In addition to the Fargo facilities, Phoenix International has facilities in Torreon, Mexico, and Pune, India.
Senator John Hoeven released the following statement today regarding the expansion of Phoenix International.
“In North Dakota, we’ve worked hard to create a pro-business environment that both encourages investment in our state and also helps our companies reach their full potential. As a Centers of Excellence program partner, Phoenix International, working with our talented North Dakota State University researchers, is developing the products and technology of the future, and creating not just good paying jobs, but exciting careers in our state. Phoenix International, which is a subsidiary of John Deere, is driving innovation in both the agricultural and industrial equipment industry. We are truly pleased with their expansion in North Dakota.”
Source: Office of Governor Dalrymple & Senator John Hoeven