Merger and new business entities part of growth strategy
TDC Companies, a Maumee-based group of multi-dimensional risk and wealth management firms, is implementing a strategic growth plan that is positioning the firm for its future. The business has grown from 30 employees in 2010 to over 100 employees today. But new business entities and growth of existing business segments will bring important changes to the company and its Maumee operations.
New facility
The company broke ground on a new building addition that will be adjacent and connected to the firm’s current headquarters in Maumee’s Arrowhead Park. TDC currently employs 80 professionals at its 12,000 square foot Maumee facility. However, the company is in the process of adding new business entities and will be adding new employees and needs to expand its headquarters facility to support its growth.
The new $11 million structure, to be built on the firm’s existing parking lot, will have 28,000 square feet of additional space to provide a total of 40,000 square feet for the company’s operations in Maumee. TDC owns a two-acre site that is adjacent to its existing headquarters, and will use part of this vacant land to replace the current parking lot. Work began earlier last month and the construction project is expected to take 14 months, with completion in the fall of 2018.
“The architect is The Collaborative, ironically enough, and they did this (existing) building for us. They’re friends and clients of ours. The general contractor is Miller Diversified, Kurt Miller. And so it is all about building not only collaborative space, but candidly, working with our friends and clients in northwest Ohio in a construction project much like we did this (existing) building,” stated Cleves Delp, chairman and CEO of TDC.