USF Holland Inc., an operating company of USF Corporation (NASDAQ:USFC), announced that it has broken ground on a new terminal in Edwardsville, Illinois which will serve the southern Illinois and St. Louis Metro area. The terminal will replace an older, smaller terminal in the USF Holland system. Construction of the terminal was supported through Illinois Gov. Rod Blagojevich's Opportunity Returns program, his historic, regional strategy to spur economic growth and create jobs across the Southwest region and throughout the state.
"USF Holland is experiencing strong growth in its Midwestern markets. When Illinois firms have the opportunity to pursue new levels of growth, our job is to act as the dynamic business partner that helps them seize those opportunities and realize their full potential.
Construction of this new terminal in Edwardsville, and the wealth of jobs it's going to create, will yield tremendous benefits for the entire local economy," Gov. Blagojevich said.
The new 102 door St. Louis facility, which is located in an industrial park in Edwardsville, Illinois, will replace an 84 door operation located across the river in the city proper of St. Louis. The terminal will be ready for operation in the second quarter of 2005.
"USF Corporation wishes to acknowledge Gov. Blagojevich for the financial assistance provided by the Opportunity Returns program", said Thomas E. Bergmann, Chief Executive Officer of USF Corporation. "The strong growth that USF Holland is experiencing will be well served by this program".
"By increasing our door and dock capacity in the St. Louis market, we can be more productive and cost-effective while providing significantly better service levels", said Steven Caddy, USF Holland President. "We are pleased to partner with the State of Illinois in this of Illinois in this venture".