|According to Jay Stewart, Director of Development, over 370 thousand square footage in new commercial or industrial building was approved by the City of Monroe. This new construction generated 245 Full Time Jobs! Below is a list of the significant construction approved in 2002.
Company, New Building, Estimated New Jobs
Burrows Paper Corp., 171,000 sq. ft., 135
K.P. Properties Warehouse, 120,000 sq. ft., 20
S.E. Equipment Co., 21,760 sq. ft., 5
Ball Bros. Expansion, 7,200 sq. ft.,0
Munafo Retail Center, 40,000 sq. ft., 55
Posey Retail Center, 10,888 sq. ft., 30
Total Square Footage Approved = 370,848 sq. ft.
New Jobs = 245
Monroe is growing new jobs at a faster rate than any cities in the surrounding area. For a city of 8500 this is a significant number of new jobs.