The headquarters expansion would allow Speedway to house its staff under one roof, but it’s also considering multi-site possibilities.
Speedway LLC, part of Marathon Petroleum Corp., is considering a proposal to expand its headquarters.
According to a report by the Dayton Business Journal, Speedway’s proposed plans include adding a 140,000-square-foot expansion valued between $42-$48 Million between its existing headquarters facilities, creating an enclosed campus setting.
To support parent company Marathon Petroleum Corp.’s recent San Antonio-based refining company Andeavor acquisition, Speedway is set to add 1,100 new stores in 15 states. In order to support this new growth it is increasing its corporate and support operations with the 200 new hires.
The headquarters expansion plan would allow Speedway to add more than 200 new jobs over the next three to four years to support the Andeavor acquisition.
Speedway is considering two options. One is to relocate all or some of its 229 employees in its Springfield facility, to its expanded headquarters. The other potential option is to have multiple sites allowing for “ample access to talent and proximity to its stores across the country,” according to Speedway.
The Dayton Business Journal reported that Speedway expects to make a final decision by the end of this month.
