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By Christine Graf
Arnoff Global Logistics has broken ground on a new 120,000-square-foot warehouse at its 40-acre Malta headquarters, the former home of Racemark International.
The company said the new warehouse will occupy a portion of the 18 acres of vacant land on the company’s sprawling campus. It will sit adjacent to Arnoff’s existing warehouse which is currently operating at full capacity. The need for additional space has been fueled by demand for the company’s warehousing and order fulfillment services which account for one-third of its revenue.
Arnoff Global Logistics also offers residential moving and storage services as well as logistical services for the transport of items that require special handling.
“We’re starting to order materials now. Right now, the primary steel that we ordered for the building is scheduled for July. As of last week, we were on schedule. We would like to move in during the late fall. Maybe for Christmas,” said president Mike Arnoff. “We plan to employ an additional 50 people once that operation is up and running.”
He said the construction timeline is highly dependent on the availability of materials. Supply chain shortages continue to plague the construction industry, making it difficult to predict product availability.
The company’s plan for expansion also includes the construction of a 50,000-square-foot building that would likely include a combination of office and warehouse space, said Arnoff. The original price tag for both warehouses was estimated at $18.7 million, but that number has already increased by 12 percent due to due to skyrocketing material costs.
In order to offset the cost of the project, Arnoff Global Logistics has applied for various tax incentives through the Saratoga County Industrial Development Agency.
According to Arnoff, relocating his 98-year-old company to Saratoga County five years ago is a decision he never regretted.
“Here we are in the moving business, but moving from our long-time home of almost 35 years in downtown Albany was scary, but it’s been the absolutely best thing to happen to us. We have found ourselves immersed in a community that has embraced us.”
Since relocating to Malta, the fifth generation family business has almost doubled in size to 110 employees. There are numerous positions currently available for warehouse workers and truck drivers, and the company offers training for those interested in becoming Class A drivers.
Arnoff Global Logistics also has a satellite location in Duchess County. For more information, visit www.arnoff.com.