One of Quincy’s oldest manufacturers announces a major expansion.

In a press release Monday, Knapheide Corporation Senior Vice President Bo Knapheide that opportunities to diversify have presented themselves, both in the products made by and the markets served by Knapheide.

The company will break ground in March in a 188,000 square foot facility on the northwest corner of 30th and Koch’s Lane.

The new facility is expected to create 250 new jobs in manufacturing, installation and various support roles. It is expected to be fully operational by March of 2018.

Knapheide Corporation has been in business since 1848.