CRA Annual Report 2021 | Page 19

Accel-erating manufacturing in Southern Grove

In late 2021 , Accel International Holdings , Inc ., is set to break ground on its new 150,000-square-foot manufacturing facility situated on 10 acres in Southern Grove ’ s Tradition Center for Commerce .
As a wire and cable manufacturer , Accel selected Port St . Lucie for its southeast Florida expansion and is expected to generate 125 new jobs . The Port St . Lucie facility will manufacture high-performance cables , wires and conductors serving the aerospace , medical , industrial and telecommunications marketplace with silver , nickel and tin-plated and copper alloy products .
Founded in 2006 , Accel operates three modern manufacturing facilities in Connecticut and Indiana and has international activity in Canada , Mexico and China . With a vision for additional expansion , Accel acquired a total of 40 acres for future development activity and has made a total capital investment of $ 55 million .
2021 ANNUAL REPORT COMMUNITY REDEVELOPMENT AGENCY Page 19