With a new business, the City of Peru will keep on truckin’.
At Monday night’s city council meeting, Bob Vickrey, director of economic development for Peru, announced a new Marathon Oil Speedway truck stop is coming to Peru.
“They’re going to build a Speedway truck stop across from Sapp Bros., at the corner of Plank Road and May Road in Peru,” Vickrey said. “Marathon is ranked in the Fortune 50 of companies. They have revenues in the excess of $100 million a year.”
He said the new truck stop, which will be Marathon’s western-most Speedway truck stop, represents millions of dollars in investment and is a boon for Peru.
“That’s going to be a big sales tax generator,” Vickrey said.
He said other locations had been considered for the Speedway, but he believed sharing a traffic study conducted for Northern White Sand with Marathon tipped the scales in Peru’s favor.
City engineer Eric Carls said the project had been in works for more than a year, and he felt the company’s expansion westward as well as Peru’s location for development all factored into the decision.
He said the project would also be in line with plans for road improvements in that area of the city.
“They’re proposed to encompass two parcels, and it would be surrounded in its perimeter by Plank Road, May Road and Commerce Drive,” Carls said. “Wednesday night, we’ll have a design and review meeting to go over the aesthetics.”
Ben Hohenstatt can be reached at (815) 220-6932 or firstname.lastname@example.org. Follow him on Twitter @NT_Peru.