News Release 13/19

July 31, 2019

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Marceline IDA completes property transaction

 

Marceline, MO - The Industrial Development Authority (IDA) of Marceline, Missouri announced today they have completed a real estate transaction for property located at 726 E. Gracia Avenue, formerly known as Herff Jones. Following the IDA's acquisition of the building and grounds, the property was sold to Blake Cagle, owner of Cagle Machine for use as a future manufacturing facility.   Several members from the IDA and Blake Cagle were present at the closing.

Blake Cagle a long time business owner, machinist and Marceline resident contacted Darrell Gardner, Executive Director of the Marceline IDA, earlier this year about expanding his operation here. Gardner said, "This property became available and seemed to be a perfect fit for Blake's facility." 

There will be a general clean up and assessment of the building starting this week. When asked, Cagle said, "we will be moving to this building as soon as possible."

Left to right:  Don Reynolds, Sarah Dunham, Blake Cagle, Dean Enyeart, and Darrell Gardner

 

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Media contact information:

Darrell Gardner

Executive Director, Marceline IDA

Phone:  (660) 376-2000